Consultant at Randstad India Pvt Ltd
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Head - Procurement & Strategic Sourcing - Consumer Electric Goods (23-27 yrs)
Procurement Management :
- Contribute to the creation and implementation of best practice procurement vision, strategy, policies, processes, and procedures to aid and improve operational performance
- Lead the purchasing function, developing the short-medium, and long-term plans for the function and majorly for powder and promotional activities
- Ensure operational control and administration for central stores and operational activities for procurement at HO
- Specifications for materials to be agreed with departments and supplier
- Sourcing, negotiating and buying of goods, materials, and services to meet the Company's operational requirements
- Building accountability for the purchase of goods, materials, and services to ensure that the company's operational needs are met, taking into account price, quality, and delivery and to ensure continuity of supply
- Ensure that purchasing policies and processes are in place to meet business objectives and operational needs in terms of price, quality, and delivery targets and which enables the company to function and compete effectively in the market.
- Ensure purchasing policy, guidelines, and any associated documents are in place and updated when required and adhered to
- Analyze market and delivery systems to assess present and future material availability.
Material Planning & Procurement :
- Discover profitable suppliers and initiate business and organization partnerships
- Negotiate with external vendors to secure advantageous terms
- Approve the ordering of necessary material
- Finalize purchase details of orders and deliveries
- Direct and coordinate activities of personnel engaged in buying, selling, and distributing materials, equipment, machinery, and supplies.
- Locate vendors of materials, equipment, or supplies, and interview them to determine product availability and terms of sales
Supplier & Vendor Management
- Ensure that suppliers can produce to agreed specifications, that they operate to recognized quality keeping up to date on supplier activity and movements of materials
- Utilize appropriate resources including Supplier Development to ensure appropriate supplier partnerships and delivery of sourced products.
- Manage relationships with suppliers and select and develop new suppliers/vendors
- Negotiate and manage contract terms with suppliers to ensure value for money, quality standards, and delivery terms with technical and operational input from colleagues
- Work with suppliers and have a process in place to measure effective performance, quality, and compliance
- Ensure professional and consistent supplier management is applied across the supply base in line with the purchasing policy
- Receiving and resolving all rejection-level queries
Strategic Sourcing :
- Develops requests for proposals based on detailed business unit and internal customer requirements. Negotiates and implements long-term agreements and strategic sourcing agreements with suppliers to develop partnerships, leverage spending, and reduce the total cost of ownership.
- Analysis of cost reduction opportunities through spending detail by general ledger, supplier, commodity, and accounts payable data.
- Works with internal customers on initiatives to both streamline and enhance internal control systems and to work on complicated contract deliverables, helping to ensure delivering the bottom line with greater profits and lower risk.
- Develops and maintains standard terms and conditions, which will increase strategic program value, lower costs and reduce contractual liability and risk of litigation, such as General Terms Agreement, General Services Agreement, Purchase Order Terms, and Conditions, Master Supply Agreement, Professional Services Agreement, etc. Updates contract language to comply with regulations, company policy changes, etc.
- Monitors long-term agreements from the time of inception through expiration, to foster the team negotiation process prior to the expiration of the agreement.
- Monitors all contract renewals on a proactive, monthly basis to explore any/all cost reduction opportunities during the negotiation process.
Qualification - Qualification - B.E. / MBA
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