JOB TITLE : Manager - Sourcing and Development DEPARTMENT : Sourcing and Development, EXPERIENCE : 15 to 18 Years
Responsibilities
- SCOPE AND MAIN RESPONSIBILITIES:
- Develop sourcing strategies for respective category group.
- Develop short-term/ long-term Part Development Strategy for categories including, Vendor Pricing / Cost, Contractual Relationships, Lead Time, Inventory Levels etc.
- Continuously explore alternative sources of Part development.
- Ensure strategic coordination with cross functional teams from R&D;, Production, Marketing, Finance and Manufacturing Engineering functions to ensure effective planning and development.
- Monitor the following activities for the respective category of Part development.
- Vendor identification
- Vendor qualification assessment and short-listing
- Release of Request for Quotation/ Enquiry
- Receipt of offers from vendors and Preparation of comprehensive comparative statements.
- - Develop sourcing and negotiation strategies for key spend areas.
- Monitor the process of Commercial Negotiation Meetings and finalization of the most optimal price with the vendors.
- Ensure obtaining of commercial concurrence.
- Ensure set-up of Agreements with the finalized vendors, and timely release of Purchase Order, Sample approval and PPAP Approval.
- Provide updates on lead times for Development to Senior Management.
- Evaluate vendor capabilities and establish sources for current technologies and markets as dictated by business requirements.
- Continuously evaluate vendor capacity, performance & take initiative for continuous improvement.
- Explore cost reduction ideas through VAVE , Strip Down analysis and Bench marking Focus on overall automation of development functionalities through best-in-class technology adoption through digitization
- Coordinate with internal/external auditors to resolve queries and review post audit observations; identify and monitor improvement initiatives.
- Develop an Annual Budget for the respective category under his/her control.
- Monitor actual spend vs. budget on a regular basis to capture variations.
- Capability of Team / People Handling.
- Drive Daily Work Management through Team.
Qualifications
- QUALIFICATION : BE Mechanical + Prefer MBA
Required Skills
- SOFT SKILL : S4 Hana MM Modul
- BEHAVIOR SKILL : Team Handling
- TOOLS PROFICIENCY : PPT, Excel Sheet and Word File.