Job Position ID
Value Stream:
Money, Materials & Compliance
Job Family:
Procurement & Contracts
Sub-Job Family:
Procurement & Contracts
Grade/Level
Location:
SECTION II: PURPOSE OF THE ROLE
To conceptualise and oversee the overall sourcing strategy for the assigned unit / projects for various direct material /engineering material procurement to aid in production of quality products and contributing ultimately on growth and profitability targets of O2C business
SECTION III: KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE
Responsibilities
Functional Planning & Strategy
- Provide inputs in creating the procurement strategy inline with internal guidelines & create Annual Operating Plan (AOP) in consultation with GMS team
- Oversee end to end execution / implementation of functional plans and track achievement to functional targets/goals as per Annual Operating Plan
- Collaborate with leadership team to identify new initiatives/ projects and set operational plans that meet these future demands
- Participate in budgeting cycle & process and provide inputs on budget allocation for own sub-function/ team
- Oversee deployment of own budget and ensure efficient utilization and minimum variance in target v/s actual
- Stay abreast of the developments in the domain and identify best practices for in-house implementation
Procurement Operations
- Achieve the mandated product/spares quality through cost productive and timely procurement within the budget
- Collaborate with multiple stakeholders as Business teams, technology teams etc. for implementing cost optimisation/value maximisation opportunities
- Review exception process against various KPIs and take suitable corrective actions
- Monitor current inventory levels vis a vis lead time to achieve timely repl