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