Commodity Management Professional

7 - 8 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Job Type

Full Time

Job Description

Job Title: Commodity Management Professional
Location: BangaloreExperience Required: 7-8 yearsEducation: Bachelor’s degree in Engineering or supply chain management________________________________________Job Summary:We are seeking an experienced and analytical Procurement Team Member to manage theVarious commodities within Procurement with a focus on defining Sourcing Process, Procurement Strategies, Monitoring & Reporting KPI’s etc. The ideal candidate will have prior experience of Commodity Management and a good understanding of Procurement Process, Controls etc.________________________________________Key Responsibilities:Productivity (Contribution to Net Income)
  • RFQ of New/Existing Products, Quote & TOCO Analysis, Component Review, Sourcing Decision
  • Negotiate Master Procurement Agreement, including pricing, terms & conditions, payment terms in alignment with SHS local & Global Procurement Teams.
  • eSourcing
  • Identify and Implement CNI Projects
  • Drive/Monitor project progress and cost savings implementation.
  • Utilize Supply Market Intelligence, Siemens Spend Pooling, and all commercial levers and technical levers to drive CNI.
Commodity Strategy
  • Siemens Spend Data, Supply Market Intelligence, Supplier Analysis
  • Develop and implement SMS (Supplier Material Strategy) with cross functional input to cover Commodity Strategies, Pooling Strategies, Supplier Strategies & Negotiation Roadmap
  • SMS Update and Communication to Cross Functional Partners
  • Lead Supplier Development, Communication, and Implementation
  • Compliance & Adherence to purchase control procedures, Reporting and KPI's
Business Support
  • Lead negotiations for Contractual Agreement, including consigned inventory, vendor managed inventory etc.
  • Responsible for Overall Supplier Management and supplier relationship management. Participate in Supplier Qualification, Supplier Classification, annual supplier evaluation, & supplier development.
Reporting
  • A Monthly Commodity Scorecard for India, e Sourcing Forecast, Payment Terms Update, PUMA Update and Project List etc
  • Ensure PVO & ESN code transparence.
  • Procurement Reporting of PVO, PPC, CNI, PUMA and other relevant KPI’s
________________________________________
Qualifications /Skills :
  • Bachelor’s degree in engineering or supply chain management.
  • 7 plus years of experience in commodity/ procurement management
  • Good understanding of Procurement Processes, controls etc.
  • Proficiency in ERP systems (SAP, Oracle, or similar), Power Point and analysis tools.
  • Excellent strategic thinking and problem-solving abilities, with a focus on driving continuous improvement.
  • In-depth knowledge of procurement best practices, regulations, and market trends.
  • Excellent communication and interpersonal skills, with the ability to build strong relationships at all levels of the organization.
  • Results-oriented mindset with a commitment to meeting and exceeding targets.

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