FunctionProcurementPay BandM3 to M5RoleAs the Sub - Section Head you will be part of the Procurement and will report to the SH- Sourcing & Development The purpose of your role will be to inspire team, collaborate with stakeholders and creatively deliver the following:1. New product development: Adherence to 4M, timely development with inbuilt quality and ECN implementation.2. Supplier relationship management3. Define sourcing strategy basis supplier capability, financials and growth prospects.4. VA initiatives, Pricing decision & Negotiation5. Multisourcing (Product & location wise) and Derisking.6. Ensure timely settlement of price changes7. Supplier technology upgradation & new supplier enrolment.8. Proactively financial health check-up of SCPs and risk mitigation.A purpose driven role for youYour key responsibilities will include, but not limited to:1. New Product Development2. Inflation Management: Cost Management, Cost reduction/improvement3.Periodic cost norm review and rationalization (Addressing to SCP concern)4. Supplier commercial resolution backed up with detail analysis and due approval5. Supplier technology upgradation & new supplier enrolment6. PCR automation / PIR7. Team DevelopmentA Day in the life1.Costing norms - SCPs Input cost estimation (Manpower/ consumables etc.)2.SCPs acceptance for low volume parts - Upfront FTG cost, manpower / process cost actualization etc.3.Fulfilment of obsolete model parts in SPDAcademic Qualification & Experience
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