Senior Manager - Purchase Powertrain

Job Description

Date: May 17, 2025 Location: Pune, India Apply now » Apply now Apply for Job Enter your email to apply Purpose of the Role This role is responsible to manage end-to-end purchasing activities for the allocated commodity. The position holder is responsible to on-board strategic vendor partners for particular part category within DMC and capex targets received from product line with a visibility of achieving cost efficiencies by deploying various cost reduction levers. Job Responsibility Process Execution Execute 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. Check SOR on Technical specifications in order to shortlist vendors. Check tech specification/ drawing shared by Product development for a particular commodity. Execute RFQ document for floating to Vendors & ensure TRSO signoff from SQ. Analyse quotation received for RFQ. Execute 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. Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors Compare current part with the Proposed change and review the commercial impact Release of RFQ for the shortlisted list of vendors Ensure amendment of Purchase orders on the revised pricing Finance Management 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 Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix Track market commodity prices for costing references. Analysis of POGR and CR – CI reports Analysis and resolution of audit queries People Management Effective communication and interaction with the stakeholders to ensure proper process and necessary improvements to achieve optimal performance. Effective networking with all the internal and external stake holders to ensure required support which is crucial to meet deadlines. Stakeholder Profiles & Nature of Interactions Internal Product Lines Project status, Approvals ERC Technical Specification SQ (AQ) Product/Process Quality Assurance SCM Supplier performance Finance Budgets, payments and other finance related terms & conditions External Suppliers RFQ, Bidding, Price Settlement Desired Candidate Profile Diploma in Engineering Experience of Purchase Process Experience of Supplier Negotiation Experience of Should Costing/Zero Based Costing Understanding & experience of Cost reduction levers Thorough knowledge of manufacturing and surface protection processes Understanding of part validation and performance measures Knowledge of various raw materials and commercial implications Understanding of TML audit guidelines , purchasing agreements Skills & Competencies Costing skills Negotiation skills Financial Acumen Supplier Relationship Management Performance Management. Apply now » Apply now Apply for Job Enter your email to apply Show more Show less