Company : Omax Autos Ltd.
Grade / Level : Assistant / Deputy Manager
Department : Commercial
Location : Gurgaon
Experience : 7–8 years (Techno-commercial costing background required)
1. Job Purpose
To effectively plan and execute material procurement with a focus on cost optimization, timely delivery, and , ensuring alignment with customer expectations and the organization's operational goals. The role plays a critical part in material cost control, vendor management, store Management , inventory management and overall supply chain efficiency across the company.
2. Key Responsibilities & Accountabilities
A. Material Costing & Pricing
- Determine process and raw material (RM) costs.
- Drive cost-saving and cost-reduction initiatives (e.g., VA / VE, scrap / waste reduction).
- Lead procurement negotiations with vendors to ensure competitive pricing.
B. Raw Material Planning & Procurement
Schedule and order raw materials as per vendor Share of Business (SOB) and SOP compliance.Coordinate with plant teams for periodic reviews and align procurement with production needs.C. Vendor Development & Management
Implement vendor consolidation and improvement programs using vendor rating systems.Knowledge about Project Management.Resolve quality issues and assess supplier capacity.Support vendors in improving quality, cost efficiency, delivery performance, and 5S implementation.Price settlement with suppliers and ensure the supplementary and debit notes calculation as per price settlement in case of bad-debts with vendors and customers.Variance of standard cost vs actual cost of product.D. Costing & Procurement for New Product Development
Identify suitable suppliers and evaluate make vs. buy decisions with engineering teams.Share technical specs, drawings, and tentative POs for NPD requirements.Manage cost estimation and pricing for new components.Ensure quality monitoring of outsourced materials and provide feedback to suppliers.Finalize BOM and costing once the process stabilizes for mass production.E. Department Performance & Team Management
Lead and manage the Commercial team at corporate and plant levels.Conduct fortnightly / monthly reviews on key metrics :Vendor performance (quality, delivery, cost)Production losses / downtime due to material unavailabilityCost-saving initiativesPresent monthly performance reviews to MD / JMD based on key parameters.3. Desired Candidate Profile
Bachelor's degree in engineering (Mechanical / Electrical / Industrial preferred) or equivalent.Strong techno-commercial acumen with hands-on experience in costing and supplier negotiations.Proven experience in material planning, vendor development, and cost optimization.Excellent analytical, negotiation, and leadership skills.Prior experience in the automotive or manufacturing sector is highly preferred.Skills Required
Material Procurement, Quality Monitoring, Vendor Management, Project Management, Inventory Management, Cost Estimation, Cost Optimization