This role is responsible to manage end-to-end purchasing activities for the allocated commodity. The position holder is responsible to on-board strategic vendor partners for particular part category within DMC and capex targets received from product line with a visibility of achieving cost efficiencies by deploying various cost reduction levers.
- Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.
- Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process.
- Review SOR on Technical specifications in order to shortlist vendors.
- Review tech specification/ drawing shared by Product development for a particular commodity.
- Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.
- Analyse quotation received for RFQ.
- Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process.
- Propose a shortlist of most suitable vendors after negotiation.
- Recommend SOB for vendors as per organizations long term sourcing strategy.
- Obtain internal approval for vendor finalization through sourcing council and release PO.
- Monitor and Review financial health, operations, IR health, etc. of the suppliers for long-term sustainability.
- Identify vendors, which can be groomed as long-term partners for TML.
- Supplier negotiation – Assess the current situation (Business Workplace- External)
along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.
- EVI (Early Vendor Involvement) – develop vendors for critical long lead time items.
- Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
- Compare current part with the Proposed change and review the commercial impact
- Release of RFQ for the shortlisted list of vendors
- Ensure amendment of Purchase orders on the revised pricing
Education
Work Experience
- Experience of Purchase Process
- Experience of Supplier Negotiation
- Experience of Should Costing/Zero Based Costing
- Understanding & experience of Cost reduction levers
- Thorough knowledge of manufacturing and surface protection processes
- Understanding of part validation and performance measures
- Knowledge of various raw materials and commercial implications
- Understanding of TML audit guidelines , purchasing agreements
Tata Motors Leadership Competencies Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations
Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel
Driving Execution - Translating strategy into action and execution
Leading by Example - Encouraging and following ethical standards
Leading Change - Recognizing the need for change, initiating and adapting to change
Motivating Self and Others - Inspiring teams and individuals