Buying Manager - Elastomers

5 - 9 years

0 Lacs

Posted:6 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Supply Management Specialist for the respective category of Materials, your primary responsibility is to oversee the end-to-end management of materials within targeted cost, quality, and time parameters. You will work closely with the Procurement Lead to participate in category management activities and formulate the Procurement Strategy for the category under your control. To ensure efficient procurement operations, you will track supply market dynamics and global trends for Direct items, analyze market data, and develop detailed profiles for all materials. Your inputs will be crucial in formulating the Procurement Strategy, including vendor selection, pricing, contractual relationships, lead time, and inventory levels. You will guide Buyers/Senior Buyers in category management activities such as portfolio analysis, internal cost estimates, spend optimization, and exploration of alternative procurement sources. Additionally, you will provide inputs for Annual Procurement Planning & Budgeting by conducting requirement planning, pricing analysis, and budget reviews. Your role will involve sourcing events, vendor identification, negotiation, and selection, as well as ensuring timely delivery of procured items and addressing any delivery issues. You will monitor procurement dashboards, vendor relationships, and vendor performance to maintain operational efficiency and compliance with SLAs. Utilizing technology tools like e # auction and reverse auction will be essential to increase efficiency and control costs. You will also act as a liaison between the procurement group and other departments, ensuring real-time visibility, harmonious implementation of initiatives, and coordination with taxation and trade finance departments. In addition, you will focus on people development by building and developing a skilled procurement team, fostering commercial intelligence, motivating team members, and monitoring their performance for continuous improvement. Your commitment to upholding ethical values in procurement operations aligns with the corporate values and contributes to a positive organizational culture.,

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Reliance Industries Limited logo
Reliance Industries Limited

Conglomerate (Petrochemicals, Refining, Telecommunications, Retail)

Mumbai

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