Plant Purchase Head

Responsibilities :

• Purchase Strategy & Performance.
• Formulate overall sourcing & supplier selection strategy in line with business strategy.
• Formulate long term commodity and purchase risk management strategy and manage commodity pricing and forecasting.
• Drive overall business policy with suppliers including aspects such as pricing, tooling compensation, credit terms, loans & advances, commodity linkage, forex etc Lead and guide various organization wide initiatives & strategic projects.
• Governance.
• Participate in organization level governance forums which deliberate on critical decisions and facilitate coordination and alignment in these forums.
• Purchase Operations, Processes & Policies.
• Establish & follow purchase and supplier management related processes, policies and procedures.
• Follow policies regarding payment terms, advances, price variation, price increase / decrease, compensation, penalties, consequential damages, volume-based pricing and other critical items.
• Ensure availability of raw material / bought out parts as per the production plans agreed.
• Oversee overall purchase operations.
• Ensure adherence to policies and process by carrying out periodic audits of procurement process and vendor selection quality.
• Supplier Relationship Management.
• Lead supplier relationship management activities including development of : Long-term supplier strategies for new / advanced technology in alignment with engineering roadmap.
• Supplier quality standards.
• Evaluate suppliers and develop a pool of preferred suppliers(Category A, B & C) for approval from the Finance and Operations Head.
• Pricing & Cost Optimization for Identified Categories.
• Own and drive optimization of procurement costs for identified categories.
• Explore opportunities for alternate sourcing avenues for cost reduction and risk mitigation.
• Manage revenue budgeting and capex budgeting of the Plant.
• Oversee process of raw material and commodity pricing approvals from Corporate Team.
• Drive purchase cost reduction initiatives and oversee cost benchmarking through analysis of auto components and raw material manufacturing industry.
• Get approvals regarding price increase / decrease quantum for identified categories from Corporate as per Company SOP.
• Supply Chain Planning.
• Supply chain strategy oversee supply planning & master production plan.
• Oversee the production planning resources & capacity to forecasting from sales team.
• Monthly collation of demand plan across sales teams.
• Matching monthly demand supply requirement ensuring process adherence.
• Demand allocation to vendors.
• Design and implement methods to gather and manage supply chain data.
• Prepare strategy for descriptive, predictive & preventive analytics on supply chain data for supply planning, demand forecasting etc Oversee Master data cell (bill of material, item, vendor master, MRP, target inventory level) management.
• Employee Engagement & Talent Development.
• Effectively communicate vision, management philosophy, and business strategy to Plant Purchase team.
• Actively seek to motivate and inspire team members to adopt the company's values and to realize the company's vision.
• Serve as the key reference person for all levels of team members in Purchase; present at town halls and community meetings; lead people events at key forums.
• Ensure that there is clarity of objectives and focus for all Central Purchase Guidelines to Team Members & that there are clear and appropriate standards and measures of performance.
• Review manpower requirements and ensure that they are in line with business plan.
• Review, approve and provide guidance regarding talent management and talent development initiatives in order to generate a healthy talent pipeline.
• Analytics.
• Review / Validate the models / projects which are undertaken / planned as per the business needs.
• Oversee the development of anaytics models and its adoption by the business.

Skills Required

Supply Chain Management, Negotiation Skills, Vendor Management, Cost Analysis, Contract Management, Inventory Control