Job description

Key Result Areas:
Working capital management
Procurement Strategy
Supply Chain Management
Vendor & supplier management

Job Description:

The incumbent will be responsible for the following:
Working Capital Management
Driving Working capital by improving Vendor Payables.
Negotiating with the Suppliers and Contractors for better payment terms without affecting the cost.
Encouraging suppliers to go for Cash discounting/ Vendor Finance scheme(VFS) for immediate payment
Procurement Strategy
Revenue - On time procurement of material as per the procurement plan.

-Keeping track of the status of the order as per flow sheet and release orders based on the project team's requirements
Actual project margin against budget.
Surpass the target margin increase of the tendered budget by negotiating with Original Equipment Manufacturer (OEMs), dealers, and local vendors
Preparing Corrective and Preventive Actions (CAPA) for items with margin lesser than the budgeted margin for future reference
Keeping track of the updated budget sheet.
Updating with every order's actual price and Engg.



quantities.
Keeping track of negative items separately
Supply Chain Management
Keeping a track/review weekly with Procurement/Project team on the status of the order.
Releasing orders as per the project team-s requirements and update the flow sheet weekly
Identifying and empanelling current vendors/labour contractors.
Studying their past projects, identify strengths/weaknesses, and maintain an updated vendor database zone-wise
Rating Contract/Rate Card process implementation with selected suppliers and labour contractors for commonly used items
Vendor & Supplier Management

-Negotiating directly with Original Equipment Manufacturer (OEMs), dealers, and local vendors from the approved list in the procurement plan to get competitive rates
Preparing and maintaining International Organization for Standardization (ISO)compliant documents and ensure 100% compliance
Willingness to travel to project zones to meet and manage vendors/suppliers

📌 Mep Specialist Mumbai (India)
🏢 Godrej Boyce
📍 India