- Cycle starts from receipt of PR from user department, Floating RFQ, Compare & negotiate the offers, Placing POs, Follow up for Delivery as per schedule & timely payment to the Suppliers.
- Also should take initiatives for controlling the Inventory, Cost reduction, Process Improvement, Delivery Time reduction & supplier capacity improvement.
- Monitor changes in prices of various input materials to ensure effective negotiations.
- Periodic monitoring of performance of vendors with the help of QA, Establish vendors rating and initiate actions for improvement / development of alternate source.
- He is responsible for maintaining healthy relationship with Suppliers & addition of recent suppliers as per need.
Technical Skills Required
- New Supplier identification and development
- Conversant with Material Module of SAP ERP packages.
- Should be able to deal with various suppliers and have good knowledge of Supplier base.
- Cost Reduction & negotiation skills.
- Well conversant with Commercial terms and conditions and Cash Flow.
Soft Skills Required
- Should be able to collate inputs from all User Departments and be capable of quick turnaround of PR to PO & ensure appropriate material planning.
- Ability to develop good relationships with internal customers and vendors.
- Systematic & Methodical working.
- Teamwork.
Administrative Skills Required
- Planning own schedules and timely reporting to seniors and other concerned.
- Should be able to handle suppliers and expedite supplies while maintaining the quality requirements.