Senior Procurement Manager

Location

Mumbai | India

Job description

Qualification : B.Tech / B.E. - Electronics & Telecommunication / Mechanical

Experience : 12+Years

Roles and Responsibilities :

• Place RFQs as per BoM / MRP & receive Quotations from suppliers.
• Prepare detailed comparative statements of the parts
• Finalization of rates in accordance with the internal pricing process.
• Preparation of Purchase Order while taking due care of Taxes, Rates and T&C. Issue purchase order as per BOM / MRP after hierarchal approval.
• Coordinate with local plant team / R&D team for delivery schedule requirements. Follows up on orders to ensure that materials are shipped and delivered on promised dates.
• Taking ownership for having the inspection of the goods received for quality as well as quantity to ensure adherence to the specifications.
• Checking of invoices in accordance with Purchase order.
• Organizing timely payment of contractors after receiving material as per quality norms.
• Ensure all the files are updated on weekly / monthly basis with all the purchase related documents, Invoices, POs, DCs, Internal departmental documents etc.,
• Updating Excel Order Dashboard for internal coordination over emails or F2F.
• Maintain files with descriptions of available suppliers and materials for their rating / performance evaluation.
• Maintain a comparison register of all goods and services.
• Maintain data base of material with updated price and technical specifications.
• Coordinating with R&D architects to select finishing material in budgeted price, quality & quantity.
• Closely coordinating with stores team for managing warehouse inventory.
• Check Inward Register Entries and compare with Purchase Orders.
• Tie-ups with vendors over every item and maintain a database of suppliers.
• Co-ordinate with Accounts Dept for Purchase related payments and others of any.

Desired Candidate Profile :

• Having 12 to 15 years of experience in Source to Pay Procurement Management.
• Well conversant with supplier pricing structure and negotiation techniques.
• Good understanding on Mechanical, Electronics & Optical parts, their manufacturing & pricing structure.
• Well conversant with cost optimization methodology & should have handled such exercises in previous capacities.
• Well conversant with price discovery strategy and trend analysis from competitive markets.
• Understanding of market indices with regards to the pricing of metals, its alloys and Forex.
• Cordially participates in New Vendor Development and Components /Parts Development for R&D requirements.
• Understanding on import / export operations and customs clearance handling, import supplier's management with the alignment of global commodity strategy.
• Conduct offers assessment and negotiations, coordination with Engineering and ensure the techno-commercial evaluation of the offers.
• Act as a support for Supplier Capacity Mapping, Supplier Evaluation, Supplier Risk Assessments, Audits and Quality Improvements.
• Follow best procurement practices in industry, process and eliminate gaps in material management for ordering, delivery, and quality aspects.
• Should have working knowledge of rates, contract terms, vendors and recent trends.
• Good in communication skills.
• Strong Integrity of character.
• Negotiations skills.
• Proficiency in SAP, MS Excel, MS Power-Point, MS Word.

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Salary