MEP Specialist | Godrej Interio Projects | Mumbai

Job Description

Key Result Areas: 1. Working capital management 2. Procurement Strategy 3. Supply Chain Management 4. Vendor & supplier management Job Description: The incumbent will be responsible for the following: 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