1. Procurement Strategy:- Design and implementation of effective procurement strategies with the centralization of procurement of the organization.
- Identify costsaving opportunities and process improvements.
2. Vendor Management:- Evaluate and select suppliers negotiate contracts and manage vendor relationships.
- Monitor supplier performance with periodic review publication of supplier rating chart and enforce contract terms.
- Identify and onboard new suppliers when necessary.
3. Inventory Management:- Maintain optimal inventory levels to meet production and operational requirements.
- Implement inventory control measures to minimize carrying costs and stockouts.
4. Cost Control:- Analyze pricing trends market conditions and cost structures to optimize procurement costs.
- Implement costsaving initiatives and value engineering programs.
5. Compliance:- Ensure procurement activities comply with relevant laws regulations and ethical standards.
- Develop and enforce procurement policies and procedures.
6. Team Leadership:- Supervise and lead a team of procurement professionals.
- Provide guidance training and performance evaluations.
7. Negotiation:- Lead contract negotiations with suppliers to secure favorable terms and conditions.
- Resolve disputes and issues with suppliers in a timely manner.
8. Budget Management:- Develop and manage the procurement budget.
- Monitor expenditures and control costs effectively.
9. Quality Assurance:- Collaborate with quality control teams to ensure the quality of procured goods and services.
- Implement quality standards and supplier audits.
Experience in the procurement of forgings castings and other allied products
OEMs experience
Experience : 9 15 Years
Salary :LPA
Company Profile :
Our client is one of the leading automotive machined components and assemblies supplier. They are one of Indias largest manufacturer of transmission Shifting Shafts Shifter Forks Shift Tower and other machined components for Automotive and Farm industry. They are proud of their state of the art equipment technology and extremely skilled team dedicated towards delivering quality. Innovative automation and Kaizens makes us one of the most competitive suppliers in the industry.