Base Location: Delhi HO

Business Unit: Procurement

Role & responsibilities

Vendor Selection and Evaluation:

- Identify potential vendors that align with the organization's procurement goals and requirements.
- Evaluate vendors based on criteria such as quality, cost, reliability, and service levels.
- Collaborate with cross-functional teams to determine the suitability of vendors for specific projects or needs.

Contract Negotiation, Cost Negotiations and Supply Management:

- Negotiate favourable terms and conditions with vendors, ensuring competitive pricing, favourable payment terms, and appropriate service level agreements.
- Plan, organise and ensure supplies in line with S&OP; Plan.
- Zero bases and BOM Base costing for FG and RM
- Monitor and manage vendor contracts, including renewals, amendments, and terminations, ensuring compliance with contractual obligations.
- Awareness on import process, commercial transaction and documentation

Relationship Building and Management:





- Establish and maintain solid relationships with key vendors, serving as the primary point of contact for any issues, escalations, or inquiries.
- Conduct regular vendor performance reviews and provide feedback to vendors on their performance, addressing any concerns or areas for improvement.
- Collaborate with vendors to identify opportunities for continuous improvement, cost savings, and process efficiencies.

Risk Management:

- Assess and mitigate risks associated with vendor relationships, including vendor financial stability, quality control, delivery delays, and regulatory compliance.
- Develop and implement risk mitigation strategies and contingency plans to minimize potential disruptions to the procurement process.
- Analyze vendor performance metrics, such as delivery times, product quality, and pricing trends.
- De-risking the single supplie

📌 Hiring Finished Goods Sourcing / Procurement (Delhi HO)
🏢 Orient Electric
📍 Delhi