As an Assistant Manager - SCPC within the Buying department at Mahindra & Mahindra Ltd, you will play a pivotal role in ensuring efficient planning and procurement of parts spanning four key platforms: LTV, MHCV, U202, and W201. Managing approximately 800 to 1000 parts per platform, you will coordinate and liaise with suppliers across multiple geographies to facilitate a diversified material supply chain, both locally and globally.
Your responsibilities include:
- Developing and executing procurement strategies that align with the company’s objectives and market dynamics, especially focusing on the agricultural equipment segment.
- Collaborating closely with cross-functional teams to forecast material requirements, ensuring timely availability for production schedules without inventory surplus.
- Implementing robust material cost benchmarking processes to attain competitive pricing and cost optimisation across all platforms.
- Driving initiatives aimed at reducing inventory carrying costs by enhancing inventory turnover and minimising excess stock.
- Engaging suppliers through strategic negotiations and relationship management to maintain high-quality standards and supply reliability.
- Identifying and segmenting suppliers to support diversified sourcing strategies and mitigate risks associated with single-source dependencies.
- Participating in current product introduction activities by aligning procurement and supply chain processes with vehicle launch timelines.
- Supporting and contributing to the digitisation and analytics transformation projects within the supply chain to enhance procurement visibility, data-driven decision-making, and process efficiencies.
- Monitoring supplier performance, conducting periodic reviews, and facilitating continuous improvement initiatives to foster supplier development.
- Ensuring adherence to internal compliance standards and regulatory requirements relevant to procurement and supply chain acti