A. Job Purpose
Develop and execute strategic procurement strategies customized for aircraft BFE and and other contracts aligning closely with Air Indias overarching business goals. Take charge of negotiation processes and oversee contract management. Lead and participate in initiatives aimed at optimizing costs without compromising on quality or regulatory compliance within the strategic procurement domain. Cultivate strong relationships with key stakeholders within the aviation sector to identify and capitalize on opportunities for strategic partnerships and collaborations. Perform the evaluation of suppliers and vendorsto ensure their alignment with Air Indias standards and requirements in the context of aircraft procurement. Keep abreast of industry dynamics, market shifts, and regulatory updates to proactively identify potential risks and opportunities.
B. Key Accountabilities
Strategic Procurement Strategy: Implement strategic procurement plans tailored for strategic procurement in alignment with Air Indias business objectives. Identify opportunities for cost savings and value optimization within procurement processes. Analyze market trends, supplier capabilities, and industry dynamics to inform procurement strategies. Stay informed about industry developments and emerging technologies in strategic procurement. Supplier Management: Manage relationships with suppliers sales representatives and contract negotiation teams. Collaborate with legal, finance and user department teams to finalize procurement contracts and agreements. Monitor supplier performance and address issues related to delivery timelines, quality, and contractual obligations. Conduct supplier evaluations and implement improvement initiatives to enhance supplier performance. Financial Analysis and Negotiation: Develop models for supplier and proposal evaluation, conduct research into various competing technologies and products and develop commercial recommendations. Benchmark pricing, payment terms, and other commercial terms of suppliers and the market. . Compliance and Risk Management: Ensure compliance with regulatory requirements, industry standards, and internal policies governing aircraft procurement. Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.
C. Skills/Qualities Required
Strategic Procurement Planning Supplier Relationship Building
Negotiation & Contract Management Regulatory Compliance Assurance Financial Analysis & Modeling Risk Mitigation Strategy
D. Key Interfaces
Internal Interfaces
Finance Department Collaboration with tax and finance teams on contract budgets and terms.
Legal Department Coordination on contract negotiations, legal compliance, and risk mitigation strategies.
User Departments Alignment on technical specifications, and user requirements. External Interfaces Suppliers Relationship management, negotiations, and contract administration for strategic procurement.