Key Roles & Responsibilities :
- The major / primary roles and responsibilities of the job will be as follows, including but not limited to :
- Prepare proposals, request quotes, and negotiate purchase terms and conditions for consumables, spares, bulk items, indirect raw materials, and project items within TAT at a competitive price and acceptable quality.
- Negotiate pricing, terms, and contracts with vendors to secure favorable agreements. Draft, review, and negotiate contracts with vendors ensuring compliance with company policies and legal requirements.
- Ensure compliance of legal, statutory and safety requirements related to procured goods & services.
- Cost reduction through value analysis, Alternate vendor development and ensure optimum stock level of auto procurement items.
- Analyze industry and demand trends and support senior management with the development and implementation of sourcing strategies.
- Work closely with the sales & Marketing teams in India.
- Develop and implement sourcing strategies for marketing materials, services, and vendors, identifying potential suppliers and evaluating their capabilities.
- Co-ordinate with marketing, creative, and brand teams to understand their requirements and align procurement strategies accordingly.
- Stay up to date with market trends and emerging suppliers to bring innovative ideas and solutions to the marketing team.
- Conduct market research to identify new suppliers and cost-saving opportunities.
- Maintain accurate procurement records and documentation, tracking all contracts, purchase orders, and supplier performance metrics.
- Prepare regular reports for senior management on procurement activities, savings achieved, and key supplier performance.
Skills Required
Proposals, Quotation, TAT Compliance, Consumables, Sales Marketing