Job Description

:Hello Visionary!We empower our people to stay resilient and relevant in a constantly changing world. Were looking for people who are always searching for creative ways to grow and learn. People who want to make a real impact, now and in the future. Does that sound like you? Then it seems like youd make a great addition to our vibrant international team.We provide extensive high-quality and cost-efficient Purchase-to-Pay services from purchasing to the processing of outgoing payments.
We work with a strongly integrated system and a highly automated purchasing processOur customers receive state-of-the-art, easy-to-use Purchase-to-Pay (P2P) services. We deliver maximum value to the business by driving P2P optimization and digitalization using our entrepreneurial approach, and we support our customers current and future business requirements with the help of our high level of process and automation competency.Youll make a difference by:xc2xb7 The person will be responsible for Procurement of commodities Direct Material for Health Care commodityxc2xb7 The person receives Purchase Requisitions from end users through Manual PR, Shopping Carts which he evaluates to check the correctness and enquires back when he/she seeks clarification.xc2xb7 The person uses Siemens tools to send RFQs, get offers with cost break ups (wherever applicable), evaluate offers and negotiate them to get best possible prices.xc2xb7 The person has access to frame agreements and rate contracts with suppliers, performs market scan for potential sources, supplier evaluation & approval through cross functional team for vendor blocking/ unblocking, extension and on-boarding.xc2xb7 The person can close the request with the best single offer as well because time is the essence here.xc2xb7 The person works on cost reduction using various techniques like negotiations based on quantity, payment terms, logistics, delivery time, alternate source, design-to-cost, pooling of demand etc.xc2xb7 The person has to complete the Sourcing activity and intimate the end user on approval within the stipulated TAT which is part of his/her SLAxc2xb7 The person has to parallelly work on No touch and Catalog push improvement.xc2xb7 The person develops short term strategies for the commodity by working towards Supplier Base Optimization after doing analysis on the Tail spend and implementing MSP / alternate vendors to source the material/service.xc2xb7 The person will maintain tracker for capturing the Savings and PVO to derive analyse the Tail spend vendors.xc2xb7 The person attends Team huddles MOM and action for closure (Both Internal & External).Negotiation Skillsxc2xb7 As a buyer, you need to interact with suppliers for various deals. The success or failure of the deal depends on how effectively you are able to negotiate with your suppliers. To gain maximum advantage from the suppliers, you need to keep in mind certain principles of negotiation.xc2xb7 Negotiation is a process in which you and your supplier with conflicting requirements reach an agreement of mutual interest. It is thus all about creating a movement between each other.xc2xb7 The objective of the negotiation process is to ensure the supply of five rights: right product or service at the right price, right time, right location and right quantity. You will have to balance these rights i.e. a faster product delivery may result in a higher price.Preparing a negotiationxc2xb7 Before making a deal, you need to prepare for it. You need to gather all the important information that you may need to successfully execute the best possible deal. If you are prepared, you can steer the way the negotiation moves forward and close it to your advantage.xc2xb7 Before you contact the suppliers, you need to do some homework. You need to gather information such as your timelines and budget for the deal.xc2xb7 You have to prepare and decide upfront the critical issues for the deal and what your targets are. Every deal has some critical issues. To identify these issues, think what your internal customers are expecting from you. After identifying the critical issues, you should put a target on each issue before you enter a negotiation.xc2xb7 For every issue, decide a wow and a walk-away target. These are two ends of a spectrum.Opening a negotiationxc2xb7 Opening the negotiation is all about starting on a friendly note and building a climate for the negotiation, understanding the offer and listening attentively to what the supplier has to say. In most circumstances, let the supplier talk first and try to delay your opening offer as much as possible.xc2xb7 Let the supplier give you his one-way concessions and then make your offer.Conducting a negotiationxc2xb7 After you have understood the suppliers offer, you should present your offer. Discuss all the negotiable requirements you identified before starting to negotiate and bargain to get the most favorable offer on each requirement. Part of being a good negotiator is to extract information from the other party by asking relevant questions. The questions you ask and the manner in which you ask them can impact the results of your negotiation.Closing a negotiationxc2xb7 During a negotiation, you will come across several signals indicating it is time to close the deal. When the supplier starts accepting your terms and conditions and presents very few counter offers, the supplier is willing to close the deal.xc2xb7 Before closing the deal, summarize all the points you have discussed to avoid any disagreements at the later stage.xc2xb7 Suppliers may ask for a concession at the time of closing the deal. In such a situation, you should consider the importance of the deal, the time you have spent on negotiation, the alternatives and the nature of suppliers demand. If the demand is not critical, it is not worth negotiating at this stage. If the supplier asks for a concession on a critical component, you must not accept it. You should handle it by giving a credible explanation.xc2xb7 Tools Knowledge: SAP, OneSRM. PEGA & Nexus.Your success is grounded in:xc2xb7 4year-5 years of experience into Strategic Sourcing.xc2xb7 Proficient knowledge of MS Office.xc2xb7 A working knowledge of SAP.xc2xb7 Must be fast learner and should be able to think analyticallyxc2xb7 Excellent Verbal and written Communication skills.Join us and be yourself!This role is based in Bangalore, where youll get the chance to work with teams impacting entire cities, countries and the shape of things to come.Were Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and We welcome applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination and help us shape tomorrow.

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