Senior Manager (L5) – Purchase

Date:

Location:

Position Summary With Job Responsibilities

• Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.
• Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process.
• Review SOR on Technical specifications in order to shortlist vendors.
• Review tech specification/ drawing shared by Product development for a particular commodity.
• Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.
• Analyse quotation received for RFQ.
• Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process.
• Propose a shortlist of most suitable vendors after negotiation.
• Recommend SOB for vendors as per organizations long term sourcing strategy.
• Obtain internal approval for vendor finalization through sourcing council and release PO.
• Monitor and Review financial health, operations, IR health, etc. of the suppliers for long-term sustainability.
• Identify vendors, which can be groomed as long-term partners for TML.
• Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.
• EVI (Early Vendor Involvement) – develop vendors for critical long lead time items.
• Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
• Compare current part with the Proposed change and review the commercial impact
• Release of RFQ for the shortlisted list of vendors
• Ensure amendment of Purchase orders on the revised pricing
  

• Experience of Purchase Process
• Experience of Supplier Negotiation
• Experience of Should Costing/Zero Based Costing
• Understanding & experience of Cost reduction levers
• Thorough knowledge of manufacturing and surface protection processes
• Understanding of part validation and performance measures
• Knowledge of various raw materials and commercial implications
• Understanding of TML audit guidelines , purchasing agreements