03 Oct
|
Mahindra & Mahindra
|
Mumbai
03 Oct
Mahindra & Mahindra
Mumbai
Responsibilities & Key Deliverables
Knowledge about Exhaust Hot End/ Cold end, Precious metals & its processes etc
Conduct thorough scouting of potential suppliers for proprietary components like Exhaust etc.
Perform detailed industry mapping to identify leading suppliers and emerging trends.
Evaluate suppliers based on technical capabilities, cost, quality, and sustainability.
Build and maintain robust relationships with suppliers to ensure quality, reliability, and innovation.
Lead price negotiations, ensuring competitive pricing aligns with company standards and budget.
Regularly update costing models to reflect market conditions and supplier pricing.
Assess financial health and risk indicators of suppliers to mitigate potential supply chain risks.
Identify and implement cost reduction ideas during negotiations.
Develop plans for cost savings without compromising quality or delivery timelines. •
Collaborate with engineering and product development teams on value engineering opportunities.
Exhibit robust negotiation skills for favorable terms and pricing from suppliers.
Maintain robust relationships with suppliers for smooth negotiations and long-term partnerships.
Implement strategies for effective price containment aligned with cost management objectives.
Devise sourcing strategies considering current and future business needs and industry dynamics.
Conduct benchmarking studies to compare technology and prices across the industry. • Use benchmarking data for informed decision-making to ensure competitiveness.
Demonstrate robust coordination and communication skills within cross-functional teams.
Engage with suppliers to ensure compliance with ESG guidelines.
Conduct capacity planning and signoff with critical suppliers to ensure smooth supplies.
Regularly update prices to ensure accuracy, considering RM and Forex indexing.
Provide support to other business units, including spares. • Develop differential sourcing strategie
📌 Deputy Manager Mumbai
🏢 Mahindra & Mahindra
📍 Mumbai