End-to-end supply management of respective category Materials within parameters of targeted cost, quality and time, while participating in category management activities as directed by the Procurement Lead.
Formulate the respective category Procurement Strategy
Track supply market dynamics and global trends in the respective category of Direct items
Understand the likely impact on sourcing operations in the immediate and medium term
Conduct ongoing supply market analysis
Develop detailed supply market profile of all materials under his/her control
Provide inputs for formulation of Procurement Strategy for category under his/her control including:
Vendors
Pricing/ Cost
Contractual Relationships
Lead Time
Inventory Levels etc.
2 Guide Buyer/Senior Buyer in Undertaking respective Category Management related activities like:
Undertake category portfolio analysis, and classify items into bottleneck, strategic, routine, leverage etc.
Prepare internal cost estimates (ICE)
Consolidate / optimize category-wise spend across the Organization
Explore alternative sources of procurement
Standardize contract templates and SLAs and obtain approvals
3 Provide inputs for Annual Procurement Planning & Budgeting
Conduct annual requirement planning of respective category of Direct items, based on Annual business Plan
Provide pricing inputs for development of an Annual Procurement Budget
Prepare a basis for the pricing inputs by conducting ongoing category market analysis
Review the approved Budget and make necessary changes in the respective Annual Materials Plan
Analyze spend vs budget on a regular basis to capture variations, and develop actions plans to bring spend under control, if required
4 Undertake activities for sourcing events, vendor identification, technical and commercial negotiation and vendor selection
5 Manage timely delivery of procured Direct items
Address any issues regarding delivery management, timely receipt, quantity, quality etc.