Job Description

JOB ROLE Head of the Department JOB ID POS004759 REPORTING TO Plant Head TYPE OF ROLE Sr. Manager/Manager LOCATION Nashik BU/ DIVISION Nashik JOB PURPOSE To oversee and manage the procurement activities to ensure the timely and cost-effective acquisition of materials, components, and services required for manufacturing home appliances. To develop and implement strategic sourcing strategies, managing supplier relationships, and optimizing inventory levels while maintaining quality standards and cost-efficiency. KEY RESPONSIBILITIES Defining Factory Commodity Strategy & Execution plan. Part development, follow processes and execute strategy for the commodity in line with overall Factory objectives (annual operating plan, long term plan, yearly targets), market research and analysis and available and potential supply base. Constantly explore low-cost supply base opportunities to improve the bottom line. Constantly update knowledge energy regulations and requirements and incorporate the same in the sourcing strategy Identify opportunities to source alternate materials from existing / new suppliers. Identify need to create or refresh a strategy (capacity planning) to source materials by gathering internal / external data and study the implications of current and future business conditions Analyse competitor strategy, industry cost structure, supplier landscape and capabilities. Evaluate suppliers for future sourcing opportunities. Work with other functions to assess supplier qualification and capabilities with a predefined set of criteria. Finalise on the shortlisted suppliers by issuing an RFQ for the commodities to be sourced as per strategy or alternatively conduct an e- auction Finalise on the shortlisted suppliers by issuing an RFQ for the commodities to be sourced as per strategy or alternatively conduct. Develop key criteria for evaluating RFQs response by suppliers and determine the weight against each criterion (for eg: time, cost, quality, process etc). Develop a negotiation strategy to be used with the supplier and ensure the same is signed off by the appropriate level of leadership. Negotiate with suppliers to ensure factory financial and quality objectives are met whenever needed. Value Creation and Cost Leadership by working on new Initiatives. Experience of handling Purchase team (Daily, weekly & Monthly Purchase & Vendor development & Vendor assessments) Daily supplier planning and scheduling management Idle time reduction for production line (Resolution and target achievement for supplier, SBD issues) Critical Requirement for success of role Negotiation Financial Acumen Cost Management Contract Management Category Management Inventory Management Strategic Sourcing Technological Analytical Presentation Risk Management EDUCATIONAL QUALIFICATIONS BE Electrical/Mechanical, bachelors degree in SCM WORK EXPERIENCE 13 to 16 Years INTERNAL / EXTERNAL INTERFACE Interacting within internal Stakeholders i.e. Production/HR/QA/Maintenance/Stores/Finance/Purchase External Stakeholder-regulatory bodies, Vendors, Consultants