End-to-end supply management of respective category Materials within parameters of targeted cost, quality and time, while participating in category management activities as directed by the Procurement Lead.
- Formulate the respective category Procurement Strategy
- Track supply market dynamics and global trends in the respective category of Direct items
- Understand the likely impact on sourcing operations in the immediate and medium term
- Conduct ongoing supply market analysis
- Develop detailed supply market profile of all materials under his / her control
- Provide inputs for formulation of Procurement Strategy for category under his / her control including :
- Vendors
- Pricing / Cost
- Contractual Relationships
- Lead Time
- Inventory Levels etc.
2 Guide Buyer / Senior Buyer in Undertaking respective Category Management related activities like :
Undertake category portfolio analysis, and classify items into bottleneck, strategic, routine, leverage etc.Prepare internal cost estimates (ICE)Consolidate / optimize category-wise spend across the OrganizationExplore alternative sources of procurementStandardize contract templates and SLAs and obtain approvals3 Provide inputs for Annual Procurement Planning & Budgeting
Conduct annual requirement planning of respective category of Direct items, based on Annual business PlanProvide pricing inputs for development of an Annual Procurement BudgetPrepare a basis for the pricing inputs by conducting ongoing category market analysisReview the approved Budget and make necessary changes in the respective Annual Materials PlanAnalyze spend vs budget on a regular basis to capture variations, and develop actions plans to bring spend under control, if required4 Undertake activities for sourcing events, vendor identification, technical and commercial negotiation and vendor selection
5 Manage timely delivery of procured Direct items
Address any issues regarding delivery management, timely receipt, quantity, quality etc.6 Monitor procurement dashboards for delivering targeted operational performance levels
Constantly monitor the dashboards prepared by the Operations Centre regarding the end-to-end supply management of respective category of itemsKeep track of vendor portfolio management, and prepare a case for change required, if anyConstantly monitor Quality Reports (prepared by site QA teams) and take immediate necessary action with vendors in case of quality issues and rejection of itemsIn case of rejections, adjust orders and delivery schedules with respect to other vendors7 Develop and manage vendor relationships for the respective category
Manage positive vendor relationships at the working levelEngage with vendors on a regular basis to share organizational requirements and understand their constraintsImplement specific programs for cost reduction & quality control for vendorsMonitor & report vendor performance and compliance with respect to contracted SLAsConsolidate vendor base and institute powerful vendor development processesUphold ethical values in procurement dealings and operations in line with the corporate values8 Use technology extensively to increase efficiency & control costs
Use the SAP system optimally to drive efficiency and cost optimization in the entire procure-to-pay transaction processFocus on usage of technological tools like e # auction and reverse auction to improve efficiency, bring down costs and improve transparency9 Liaison between procurement group and other departments
Ensure real time visibility to the plants / sites on material availability statusLiaise with COE group, plants and businesses for harmonious implementation of initiativesLiaise with the taxation departments (EXIM, Customs etc.) and provide necessary documents required for licenses obtaining, BoE preparation etc.Coordinate with the Trade Finance group in businesses for preparation of LCs10 Facilitate people development
Build and develop team with experience in the field of respective category procurementBuild commercial intelligence within the teamMotivate Procurement Analysts to perform better & take up higher responsibilitiesMonitor their performance on a constant basis, and counsel them as required