Lead Buying Specialist (Gujarat)

Lead Buying Specialist (Gujarat)

31 Jul
|
Fortune Personnel Services
|
Gujarat

31 Jul

Fortune Personnel Services

Gujarat

Role & responsibilities

Manage the buying process for a given set of goods. Apply sourcing policy, interface between supplier and entity with respect to specifications and budgets.

- Understand market dynamics and support strategies for assigned commodities & proactively drive initiatives to meet sourcing objectives. Support commodity buys.
- Acts as functional expert for the development and negotiation of purchasing contracts for the organization e.g. for partnering, strategic alliances, technology transfers. Provides contracting expertise as needed across the organization.
- Take initiatives & propose Vendor Development, cost reductions, Lead-time reduction, lean etc.
- Manage supplier relationships in the best interest of company
- Work across factory teams and in tandem with Engineering, Shop, MMI, Process specialists, Quality (Shop + Supplier), Purchase & Logistics teams for timely supplies
- RFQ preparation based on all the technical information and requirement.
- Cost estimation, Quotation Tabulation and Budgetary cost consumption data preparation.
- Negotiation with selected vendors. (Lead negotiations with key suppliers, ensuring favorable pricing and terms as per the business need.)
- Order placing on Suitable vendor considering cost, Supplier Qualification, technical competency, Budget & delivery.
- Monitor Supplier performance & drive for improvement plans.




- Develop and implement procurement strategies, including sourcing, vendor selection, and contract negotiation for New Supplier development drives.
- Identify Potential Suppliers in India /Low-cost countries and drive new supplier development /qualification initiatives. (Localization Initiatives, Supplier on boarding, Product Qualification process.)

Preferred candidate profile

- B.E/BTech/Master of Mechanical with positive business acumen and holistic understanding of cross functional working in a business
- 10-15 years of experience in sourcing/procurement / Project Management / understanding of various manufacturing process.
- Basic commercial awareness.
- Basic knowledge on order management and scheduling
- Experience in Turbine & Generator manufacturing Industries/Knowhow about the Turbine & Generator Parts preferable
- Pro-active, Problem solving attitude Networking and communication skills.
- Organizational skills including prioritization and resource deployment.
- Ability to write reports, business correspondence and procedure manuals. Ability to effectively present information and respond to questions.
- Global sourcing experience preferable
- Process and procurement knowledge pertaining to Forging, valve internal, bearing, Commodity management, Medium and heavy component machining along with Special Process knowledge.

📌 Lead Buying Specialist (Gujarat)
🏢 Fortune Personnel Services
📍 Gujarat

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