HR Manager at Brandworks Technologies Pvt. Ltd.
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Brandworks Technologies - Purchase Head (8-20 yrs)
The Desired candidate will be responsible for ongoing management of purchasing strategy and activity and for ensuring optimal supplier performance and price. Develop and implement a strategy to ensure the function is operating in line with the objectives of the business to add value, mitigate supply chain risk and deliver cost savings.
Develop and maintain strategic supplier relationships and manage the development of contracts, contractual relationships and contract management to deliver continuous improvement in delivery of goods and services by the supply base.
Please note preferred candidate will be those who having experience in any electronic manufacturing industry
Responsibilities:
- Overall responsibility for Purchasing and Cost Estimating activities across the business
- Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance
- Ensure that purchasing strategies and processes are in place to meet business objectives and operational needs in terms of price, quality and delivery targets, which enables the company to function and compete effectively in the market to include: Terms and conditions, supplier selection/de-selection, evaluation and rationalization of supply chain solutions including vendor managed inventory, supplier consignments and safety stock
- Evaluate the challenges faced by the business and take action to mitigate risks and develop opportunities
- Contribute to overall business strategy and annual budget process
- Take ownership of the purchasing policy, guidelines and any associated documents
- Initiate and develop creative and innovative procurement processes (eProcurement)
- Responsible for managing relationships and negotiating with key suppliers at a senior and strategic level
- Negotiate contract terms with key suppliers to ensure value for money, quality standards and delivery terms with technical and operational input from stakeholders if appropriate
- Craft negotiation strategies and close deals with optimal terms
- Forecast price and market trends to identify changes of balance in buyer supplier power
- Seek and partner with reliable vendors and suppliers
- Develop an overall vendor base which creates and sustains a competitive advantage utilizing global market exploitation, leveraging spends and leveraging technologies
- Develop, implement and maintain a supplier relationship and evaluation process to measure effective supplier performance and compliance
- Ensure professional and consistent supplier management is applied across the supply base in line with the purchasing policy
- Work closely with Research Development to source new and alternative raw materials
Financial Budget and Control:
- Input and hold responsibility for Purchasing and cost estimating budgets
- Prepare the annual Purchasing budget and forecasts and all Capital Expenditure proposals as well as ensuring compliance with customer and legal requirements. Manage the budget from identification to completion of projects
Self Management:
- Inspire and motivate the team
- Knows, develops the team and consistently manages performance firmly and fairly
- Resilient, optimistic and open to change
- Is self aware Shows moral courage, openness and honesty in all dealings
- Is confident, assertive and self assured
Skills and Attributes:
- Proven leadership and management skills with the ability to optimize team performance and development
- Excellent relationship management skills with the ability to engage, negotiate and manage key stakeholders and suppliers
- Strong and confident negotiator with the ability to negotiate at all levels
- Excellent communication, interpersonal and influencing skills
- Excellent analytical and problem solving abilities Results orientated with ability to plan and deliver against project deadlines
- Commercially and financially astute with experience of managing budgets
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