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Buyer (Commodity)

3.00 to 7.00 Years   Bangalore,Chennai   29 Oct, 2024
Job LocationBangalore,Chennai
EducationNot Mentioned
SalaryRs 12 - 16 Lakh/Yr
IndustryAutomobile / Auto Ancillaries
Functional AreaPurchase
EmploymentTypeFull-time

Job Description

    This role involves collaborating with global and regional teams to drive strategic purchasing initiatives and ensure the efficient, sustainable, and innovative management of the supply chain. This is a key role in selecting and developing suppliers aligning with organization policies and goalsKey Responsibilities:
    • Supplier Management: Implement segment strategies through supplier selection, focusing on Quality, Delivery, Cost, Feature, Technology, Sustainability, and Risk Management . Continuously evaluate suppliers performance using defined tools and cross-functional networks.
    • Contractual Assurance: Secure sourcing outcomes contractually, ensuring all contracts are approved and signed. Manage ongoing contracts, renew them on time, and ensure supplier compliance with set standards.
    • Business Planning: Actively contribute to the development of global and regional business plans for your segment, ensuring alignment with strategic purchasing goals.
    • Cost and KPI Management: Drive cost reduction activities with suppliers, ensuring adherence to commercial targets. Maintain and improve key performance indicators (KPIs) related to cost, quality, and sustainability.
    • Negotiation and Risk Management: Manage supplier negotiations, handle contract adjustments, and ensure project targets are met. Proactively identify and mitigate risks across the supplier base.
    • Data and Process Management: Ensure accuracy in supplier classification, payment terms, currency terms, and adherence to group policies. Perform updates on supplier data as needed.
    • Stakeholder Collaboration: Act as a main point of contact for local and regional stakeholders, facilitating communication and collaboration across various business functions.
    • Project Leadership: Lead review meetings with suppliers and stakeholders, manage purchasing projects, and oversee new vendor onboarding through supplier evaluation.
    • Transformation Initiatives: Scout and implement transformation initiatives including new technologies, business models, sustainability projects, and digitalization efforts to continuously improve purchasing processes.
    Qualifications:
    • Education: Bachelors degree in Mechanical, Industrial, or Automobile Engineering, or a related field in Supply Chain Management.
    • Experience: 3-5 years in indirect purchasing, with experience in construction renovation, capital expenditures, and investment purchases.
    • Core Skills:
      • Strategic Sourcing and supplier development expertise.
      • Project Management skills, with a structured approach to managing supplier relationships.
      • Market Knowledge and a strong industry network.
      • Negotiation Skills with a focus on delivering business value.
      • Data Management and Analytical Abilities to monitor and improve supplier performance.
    • Personal Attributes:
      • Self-motivated, proactive, with a positive and solution-oriented mindset.
      • Strong communicator, able to engage effectively with stakeholders and present ideas clearly.
      • Team player with a collaborative approach to achieving goals.
      • Knowledge of legal and financial regulations for contracts within India is a plus.
    Candidates to get in touch on hidden_mobile besides forwarding there Word format Resumes

Keyskills :
supplier managementcontractspurchaseindirectrenovationcontrolcapexcostconstructioncommodityglobal

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