Position Summary with Job Responsibilities
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.
1. Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.
2. Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process.
3. Review SOR on Technical specifications in order to shortlist vendors.
4. Review tech specification/ drawing shared by Product development for a particular commodity.
5. Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.
6. Analyse quotation received for RFQ.
7. Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process.
8. Propose a shortlist of most suitable vendors after negotiation.
9. Recommend SOB for vendors as per organizations long term sourcing strategy.
10. Obtain internal approval for vendor finalization through sourcing council and release PO.
11. Monitor and Review financial health, operations, IR health, etc. of the suppliers for long-term sustainability.
12. Identify vendors, which can be groomed as long-term partners for TML.
13. Supplier negotiation - Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.
14. EVI (Early Vendor Involvement) - develop vendors for critical long lead time items.
15. Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
16. Compare current part with the Proposed change and review the commercial impact
17. Release of RFQ for the shortlisted list of vendors
18. Ensure amendment of Purchase orders on the revised pricing
Education
Work Experience
1. Experience of Purchase Process
2. Experience of Supplier Negotiation
3. Experience of Should Costing/Zero Based Costing
4. Understanding & experience of Cost reduction levers
5. Thorough knowledge of manufacturing and surface protection processes
6. Understanding of part validation and performance measures
7. Knowledge of various raw materials and commercial implications
8. Understanding of TML audit guidelines , purchasing agreements
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
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