3 - 8 years

5 - 9 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

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Job Type

Full Time

Job Description

1. Working Capital Management

  • Driving Working capital by improving Vendor Payables.
  • Negotiating with the Suppliers and Contractors for better payment terms without affecting the cost.
  • Encouraging suppliers to go for Cash discounting/ Vendor Finance scheme(VFS) for immediate payment

2. Procurement Strategy

  • Revenue - On time procurement of material as per the procurement plan.
  • Keeping track of the status of the order as per flow sheet and release orders based on the project team's requirements
  • Actual project margin against budget.
  • Surpass the target margin increase of the tendered budget by negotiating with Original Equipment Manufacturer (OEMs), dealers, and local vendors
  • Preparing Corrective and Preventive Actions (CAPA) for items with margin lesser than the budgeted margin for future reference
  • Keeping track of the updated budget sheet.
  • Updating with every order's actual price and Engg. quantities.
  • Keeping track of negative items separately

3. Supply Chain Management

  • Keeping a track/review weekly with Procurement/Project team on the status of the order.
  • Releasing orders as per the project team-s requirements and update the flow sheet weekly
  • Identifying and empanelling new vendors/labour contractors.
  • Studying their past projects, identify strengths/weaknesses, and maintain an updated vendor database zone-wise
  • Rating Contract/Rate Card process implementation with selected suppliers and labour contractors for commonly used items

4. Vendor & Supplier Management

  • Negotiating directly with Original Equipment Manufacturer (OEMs), dealers, and local vendors from the approved list in the procurement plan to get competitive rates
  • Preparing and maintaining International Organization for Standardization (ISO)compliant documents and ensure 100% compliance
  • Willingness to travel to project zones to meet and manage vendors/suppliers

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