Senior Procurement Specialist

Position Summary:

Principal Responsibilities:

• Sourcing & supply management for Indirect materials / commodities and services.
• Following / execution of sourcing strategies, vendor identification, vendor development and analytical assessment to strengthen supply chain effectiveness.
• Strategizing and deriving the on-time & quality metrics by streamlining the process to support Engineering team to receive their prototype parts & get their engineering services done.
• Executing and monitoring the purchase contracts & service agreements for various commodities, services, facility and operation requirements.
• Relationship building with vendors and customers with proven ability to provide on-time delivery and quality expectations to customers.
• Quality Inspection, Quality assurance, Process development and Product development techniques.
• Exposure to QMS and EHS norms.
• Good communication and presentation skills with demonstrated abilities in training, team building and driving executives

Procurement

• Follow / execute strategic methodologies in sourcing, aiming at on-tme deliveries, reliable and smooth supplies.
• Sourcing of materials and services ensuring, optimum utilization with maximum cost savings.
• Meeting customer orders by designing, implementing / monitoring effective procurement along with finalizing the specifications of the materials required for operations.
• Clear understanding of GST
• Execution of complete purchasing cycle – right from obtaining quotes until payment received by vendor.

Vendor Development

• Identification of cost effective and reputed vendors aiming at best cost with improved quality & reliability.
• Monitoring incoming materials supplied by vendors & ensuring they are as per quality & quantity specifications as well as assisting them in following purchasing processes / systems.
• Vendor evaluation, rating and development - Ensuring periodic vendor audits and performance rating. Assessing performance of vendors based on KPIs such as Quality, Quantity, Delivery, Cost, responsiveness, credit terms etc.

• Percentage of Travel : 25%

• Min. Yrs. Experience : 6 - 9 years

• Education Standard: should be BE [Mech/ECE/EEE]

Does the Scope of the Job Encompass:

Sector Business Unit Location (please specify):Bangalore,

Product Line (please specify) _ Department: Global Supply Management

SECTION 4

Formal Education Requirement:

Required Level:

Preferred level:

Minimum Years of Experience Necessary: 0 – 5 5 – 10 20+

SECTION 5

Key Competencies:

WEIGHTS

5 = Most important relative to other key competencies

2 = Somewhat important relative to o/ key competencies

4 = Very important relative to other key competencies

3 = Important relative to other Key Competencies

1 = Least important relative to other key competencies

Key

Competency

Description

Weight

Determination to achieve excellent results and demonstrate top performance

Required Skills :-

• Atleast 6 - 9 years Experience in purchasing with reputed organization(s)

• Sound Knowledge on Purchasing Process for both direct & in-direct materials (Local & Imports) and services

• Experience in CAPEX Purchasing

• Vendor identification & development process

• Expertise & knowledge on Cost analysis at item and Raw Material levels

• Negotiation skills and techniques to drive materials cost reduction

• Technical know-how on products/commodities & manufacturing processes

• Good Exposure to supply base in India

• Experience in Corporate [incl Admin,Facility,Travel] & IT purchasing

• Ensure compliance with industry standards, quality requirements, and regulatory guidelines

• Experience in managing NDAs, supplier agreements, purchase orders, and service contracts to support procurement objectives

• Negotiation skills to secure favorable terms and conditions that align with company policies and goals

Desired Skills :

• Proven ability to work in Global Purchasing Environment
• Fluent English, other Regional/International Languages added advantage
• Familiar with ERP tools such as Navision / Oracle etc
• Willing to travel domestic/International based on business need
• Strong commercial acumen
• Strong knowledge on MS Office ( MS excel, MS Power Point )
• Clear understanding of EXIM, CHA & Customs processes
• Supporting Engineering team as well as vendor by playing a key role in getting the vendors understanding our requirements.
• Collaborate closely with CFT team and fulfil the end user procurement needs
• Demonstrated willingness and enthusiasm to step up into a leadership role within 1-3 years
• Lead the implementation of standardized processes, drive continuous improvement initiatives, and manage report generation and MIS activities to support informed decision-making

Quality

adhere to quality and process guidelines in assigned role

Communication

should be able to clearly communicate ideas and thoughts through oral & written mode.

Effective listner

Customer Focus

should be able to meet internal customers expectations on time

Should be able to manage external suppliers as per ALLEGION ethics & code of conduct

Relationship Builder

should be capable of conversing comforatbly with managers and colleagues.

should be able to build and manage smooth business relationships with external suppliers