Procurement Manager

Responsibility:-

1. Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.

2. Identify vendors with advanced technology, prepare business plan and validation of vendors and initiate vendor empanelment process.

3. Review SOR on Technical specifications to shortlist vendors.

4. Review tech specifications/ drawing shared by Product development for a particular commodity.

5. Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.

6. Analyze quotation received for RFQ.

7. Prepare Cost Estimate for parts as per Standard Cost Estimation Process.

8. Propose a shortlist of most suitable vendors after negotiation.

9. Recommend SOB for vendors as per organization’s long term sourcing strategy.

10. Obtain internal approval for vendor finalization through sourcing council and release PO.

11. Monitor and review financial health, operations, etc. of the suppliers for long-term sustainability.

12. Identify vendors, which can be groomed as long-term partners for Globe Forge.

13. Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.

14. EVI (Early Vendor Involvement) – develop vendors for critical long lead time items.

15. Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors

16. Compare current part with the Proposed change and review the commercial impact

17. Release of RFQ for the shortlisted list of vendors

18. Ensure amendment of Purchase orders on the revised pricing

Ideal Work Experience

1. Experience of Purchase Process

2. Experience of Supplier Negotiation

3. Experience of Should Costing/Zero Based Costing

4. Understanding & experience of Cost reduction levers

5. Thorough knowledge of manufacturing and surface protection processes

6. Understanding of part validation and performance measures

7. Knowledge of various raw materials and commercial implications

8. Understanding and Preparing audit guidelines, purchasing agreements