- Develop and implement effective sourcing strategies for materials related to Sponge Iron, Power Plant, and SMS.
- Identify and evaluate potential suppliers, negotiate contracts, and establish long-term partnerships.
- Vendor Management:
- Oversee relationships with existing and potential suppliers, ensuring quality, reliability, and cost-effectiveness.
- Conduct regular vendor evaluations and performance reviews.
- Cost Optimization:
- Analyze market trends and pricing to negotiate favorable terms and conditions.
- Implement cost-saving initiatives without compromising on quality.
- Material Planning:
- Collaborate with production and project teams to understand material requirements and ensure timely availability.
- Maintain optimal inventory levels to support operational efficiency.
- Compliance and Quality Assurance:
- Ensure procurement activities comply with relevant regulations and industry standards.
- Collaborate with quality assurance teams to maintain high-quality standards in acquired materials.
- Team Leadership:
- Lead, mentor, and motivate the procurement team to achieve departmental goals.
- Foster a collaborative and results-driven work setting.
- Negotiation and Contract Management:
- Conduct negotiations with suppliers to secure advantageous terms.
- Draft, review, and manage contracts, including terms and conditions.
- Risk Management:
- Identify and mitigate potential risks associated with the procurement process.
- Develop and implement risk management strategies.