Sr Manager – Purchase

Position Summary

with Job Responsibilities Sr Manager – Purchase will work with the relevant teams to award the portfolio of contracts in order to maximize added value from 3rd Party Goods and Services and achieve business objectives in a timely manner within TML procurement procedures. Job Responsiblities

• 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
• Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity
• Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
• Collaborate with ERC on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement. Work along with vendors to get optimal advantage
• Compare current part with the Proposed change and review the commercial impact
• Release of RFQ for the shortlisted list of vendor
• Track market commodity prices for costing references
• Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix
• Ensure amendment of Purchase orders on the revised pricing Education BE/B Tech Work Experience 3-9 years Tata Motors Leadership Competencies Customer Centricity
• Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations Developing Self and Others
• Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel Driving Execution
• Translating strategy into action and execution Leading by Example
• Encouraging and following ethical standards Leading Change
• Recognizing the need for change, initiating and adapting to change Motivating Self and Others
• Inspiring teams and individuals Functional Competencies Tags <div