Assistant Manager - Supply Chain Management (SCM)

This role is for one of the Weekday's clients

Assistant Manager - Supply Chain Management (SCM)

Requirements

Roles and Responsibilities

• Procurement & Sourcing:
• Source and procure bought-out parts, materials, components, and services needed for production and operations.
• Identify potential vendors and perform supplier evaluations to ensure quality, reliability, and competitiveness.
• Maintain and update approved vendor lists based on performance metrics.
• Contract Management & Negotiation:
• Negotiate pricing, payment terms, delivery schedules, and other contractual terms to optimize cost and value.
• Prepare and review contracts, purchase orders, and supplier agreements to ensure compliance with company policies.
• Supplier Relationship & Performance Management:
• Monitor supplier performance against KPIs including on-time delivery, quality standards, and responsiveness.
• Coordinate with vendors to resolve supply issues, delays, and quality concerns in a timely manner.
• Maintain strong communication with suppliers to build long-term, value-driven partnerships.
• Cross-Functional Collaboration:
• Work closely with production, finance, and quality teams to align procurement plans with business goals.
• Support inter-departmental coordination and provide assistance in resolving material shortages or quality discrepancies.
• Inventory & Cost Optimization:
• Optimize inventory levels to ensure production continuity while minimizing holding costs.
• Support cost-reduction initiatives through supplier consolidation, process streamlining, and value engineering.
• Market Research & Risk Mitigation:
• Conduct market analysis to stay updated with supply trends, pricing fluctuations, and risk factors.
• Recommend alternative sourcing strategies to mitigate risks and ensure business continuity.
• Systems & Reporting:
• Utilize SAP and MS Office tools to maintain procurement records, track orders, and generate analytical reports.
• Handle reconciliation of advance payments with finance teams and ensure timely settlement of accounts.
• Compliance & Best Practices:
• Stay abreast of procurement regulations, compliance standards, and industry best practices.
• Drive continuous improvement initiatives in procurement and supply chain processes.
  

Key Skills Required

• Procurement of bought-out parts
• Supply Chain Management (SCM)
• Vendor negotiation and contract management
• Supplier performance monitoring
• Market trend analysis and sourcing
• SAP and MS Office proficiency
• Purchase and inventory planning
• Advance payment reconciliation
• Inter-departmental coordination