31 Jul
|
Visteon
|
Chennai
Detailed Roles & Responsibilities
- Own the full procurement lifecycle including requirement intake, SOW validation, RFQ creation, supplier evaluation, negotiation, and purchase order execution.
- Develop explicit and comprehensive Statements of Work (SOW) defining scope, deliverables, timelines, and success metrics.
- Lead contract and agreement management including MSA, SOW, rate cards, and milestone-based contracts.
- Ensure contractual compliance with company terms, confidentiality agreements (NDA), and intellectual property protection clauses.
- Drive competitive sourcing using Approved Vendor List (AVL) and ensure selection based on capability, cost, and risk.
- Coordinate sourcing approvals including Sourcing Board reviews for higher spend engagements.
- Ensure compliance with quality (IATF) and information security (ISO 27001/TISAX) requirements where applicable.
- Monitor supplier performance on deliverables, quality, timelines, and stakeholder satisfaction.
- Drive continuous improvement through supplier development plans and performance reviews.
- Deliver cost savings through negotiation, rate benchmarking, and demand consolidation.
Competency Levels Supports RFQs, basic sourcing execution, follows defined process
Manages sourcing independently, handles negotiations and stakeholder engagement
Leads global sourcing strategies, complex deals, and governance
Basic understanding of contracts and commercial terms
Negotiates contracts (MSA, SOW, rate cards) with moderate complexity
Designs contract strategy, mitigates legal/commercial risks
Follows compliance and procurement policies
Ensures AVL compliance, supplier evaluation, audit readiness
Defines governance models, drives continuous improvement and policy adherence
Limited supplier interaction
Manages supplier relationships and performance reviews
Builds strategic partnerships and drives supplier development programs
📌 Indirect Purchasing Buyer Professional Services (Chennai)
🏢 Visteon
📍 Chennai