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Rate Contracts Professional

Rate Contracts Professional

Larsen & Toubro

0 years

0 Lacs

Chennai Tamil Nadu India

Posted:2 months ago| Platform:

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Skills Required

contracts procurement service software sourcing capture collaboration efficiency volatility evaluation management leadership governance compliance standardization development effectiveness maintenance power dashboard monitoring chatbot

Work Mode

On-site

Job Type

Full Time

Job Description

Role Supply chain / Procurement role in Central Materials department to service 600+ project locations across India. Central material does strategic procurement of major commodities like Steel, Cement, Fuel , Frame Agreements ( Rate Contracts), Capital goods, IT Hardware and software and EXIM operations for L&T Construction. Responsibilities Strategic sourcing and cost-effective procurement through Annual Rate Contracts (ARC) for PAN L&T requirement. Capture and realize new ARC opportunities. Establish strategic partnership with suppliers on PAN India & PAN L&T basis to ensure long term collaboration and cost efficiency. Establish Price Variation Formula to capture price volatility. Perform market intelligence, vendor base enhancement, vendor evaluation and due diligence. Stakeholder Management including Leadership Management and Vendor Management. Procurement Excellence through governance and compliance, standardization of specifications, process improvement and adherence to Annual Rate Contract. Co-Ordination with various divisionsofL&TforsmoothrunningofARCs. Adoption of Rate Contract items on E-Commerce platform“ConKart” and its development and upgradation to enhance its effectiveness. Upgradation and maintenance of Power BI Dashboard for monitoring adherence, spend and compliance to ARC. UpgradationandmaintenanceofE-Commerceplatform“ConKart”forbestUserExperience. Upgradation and maintenance of Chatbot for ConKart. Show more Show less

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