15.0 - 20.0 years
16 - 22 Lacs
Hyderabad
Posted:1 day ago|
Platform:
Work from Office
Full Time
Role & responsibilities 1. Supplier Management & Sourcing Strategy Domestic Sourcing: Lead the sourcing of building products from local suppliers, ensuring timely delivery, cost efficiency, and product quality standards. Build strong relationships with regional suppliers, staying informed about local market trends, and ensuring compliance with local regulations and standards. Sustainable Sourcing: Champion sustainable sourcing practices, ensuring that all sourcing activities align with the companys environmental and corporate social responsibility (CSR) goals. Promote the use of eco-friendly, energy-efficient, and recyclable materials in building products. Supply Chain Innovation: Continuously explore and introduce new suppliers, materials, and technologies that enhance product quality, reduce costs, or create differentiation in the market. Stay abreast of global market trends and innovations in building materials. 2. Negotiation & Contract Management Lead negotiations with suppliers for pricing, terms, and conditions, securing favorable agreements that support long-term relationships while optimizing cost-efficiency and quality. Manage supplier contracts and agreements, ensuring they comply with both internal policies and external regulations. Work closely with the legal team to ensure that contracts are aligned with company objectives. Establish key performance indicators (KPIs) for suppliers and ensure ongoing performance monitoring to maintain high standards of delivery, quality, and customer service. 3. Technology & Procurement Systems Utilize advanced sourcing technologies, fully conversant with SAP MM platforms (e.g., SAP S4/HANA & Ariba), and data analytics tools to streamline the sourcing process, track supplier performance, and identify opportunities for improvement. Ensure the effective use of procurement software for managing supplier information, purchase orders, and inventory levels. Develop & implement automated workflows to reduce manual efforts and increase operational efficiency. Leverage technology to monitor market trends, perform supplier risk assessments, and ensure transparent, real-time communication across teams and suppliers. 4. Cross-Functional Collaboration Partner with internal teams such as Operations, Material Planning, Finance etc to ensure the sourcing strategy supports Company objectives. Collaborate with Finance to ensure timely release of advances and payments to the suppliers to aid in effective progress of work. Collaborate with the sustainability team to implement eco-friendly sourcing initiatives, ensuring that sustainability is embedded in the sourcing process. Provide training and guidance to junior sourcing team members and assist in developing sourcing strategies across various departments. 5. Risk Management & Compliance Identify and mitigate risks in the supply chain, including geopolitical, economic, and regulatory risks, ensuring that sourcing strategies remain adaptable to changing market conditions. Ensure compliance with all relevant environmental, quality, safety, and regulatory standards across both domestic and international markets. This includes local and international trade regulations, product certification requirements, and import/export controls. Develop contingency plans and sourcing alternatives to minimize risks from supply chain disruptions, natural disasters, or unexpected changes in market conditions. 6. Cost Management & Budgeting Lead cost-reduction initiatives, identifying opportunities to negotiate better terms, optimize order quantities, or identify lower-cost suppliers without compromising on quality. Establish and manage sourcing budgets and contribute to financial forecasting by providing accurate cost data and predictions based on supplier negotiations and market conditions. Analyse historical spending data and market forecasts to provide insights into future sourcing decisions and financial planning. 7. Performance Monitoring & Reporting Regularly evaluate supplier performance using established KPIs related to cost, delivery, quality, and sustainability. Provide detailed reports to senior management on sourcing activities, supplier performance, cost savings initiatives, and any challenges faced in the sourcing process. Conduct quarterly business reviews (QBRs) with suppliers to evaluate performance and resolve any issues.
Amara Raja Energy & Mobility Limited
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