Sr Buyer II

Key Job Responsibilities

• Strategic Planning : Develop and implement strategic plans for supply chain management and procurement to optimize sourcing strategies, reduce costs, and improve efficiency.
• Vendor Management : Identify, evaluate, and select suppliers and vendors based on quality, cost, reliability, and other factors. Negotiate contracts, terms, and pricing agreements to secure favorable terms and conditions.
• Supplier Relationship Management : Build and maintain strong relationships with suppliers and vendors to foster collaboration, resolve issues, and drive continuous improvement in quality, delivery, and cost.
• Procurement Process : Oversee the entire procurement process, from requisition to payment, ensuring compliance with company policies, procedures, and regulatory requirements. Implement procurement best practices to streamline processes and improve efficiency.
• Inventory Management : Optimize inventory levels to minimize carrying costs while ensuring adequate stock availability to meet production requirements and customer demands. Implement inventory control measures and demand forecasting techniques to optimize inventory turnover and reduce stockouts.
• Cost Management : Monitor and control procurement costs, including material costs, supplier pricing, transportation costs, and other related expenses. Identify opportunities for cost savings and implement cost reduction initiatives without compromising quality or service levels.
• Quality Assurance : Collaborate with quality assurance teams to ensure that suppliers and vendors meet quality standards and specifications. Implement quality control measures and supplier performance evaluations to monitor and improve supplier quality and performance.
• Logistics and Distribution : Coordinate with logistics and distribution teams to ensure timely and efficient transportation of materials, components, and finished products to and from suppliers, warehouses, and manufacturing facilities.
• Risk Management : Identify and mitigate supply chain risks, such as supplier disruptions, geopolitical risks, and market volatility. Develop contingency plans and alternative sourcing strategies to minimize the impact of potential disruptions on operations.
• Compliance and Ethics : Ensure compliance with legal and regulatory requirements, including procurement policies, import / export regulations, ethical sourcing practices, and sustainability initiatives.

Skills Education

• BE in Mechanical. Relevant experience in Capital Goods Purchase and Sourcing. MTB Industry preferred
• Proven experience in supply chain management, procurement, and purchasing functions, preferably in the machine tool industry.
• Strong knowledge of supply chain principles, procurement strategies, and sourcing best practices.
• Demonstrated leadership skills with the ability to lead and develop teams, drive change, and achieve results.
• Excellent negotiation and contract management skills.
• Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions.
• Proficiency in ERP systems, procurement software, and other relevant tools.
• Strong communication and interpersonal skills.
• Strategic thinking and problem-solving abilities.
• Knowledge of relevant legal and regulatory requirements.
• Ability to work collaboratively in a cross-functional environment.
• The SCM Purchase Head plays a critical role in optimizing the supply chain, sourcing quality materials, and ensuring timely delivery of goods and services to support the production and operational needs of the machine tool industry.
• Complete knowledge of MM module in sourcing.
• Should have led a team of 4-5 engineers in purchasing function . Should be familiar with HR processes like performance management,
• Should have strong team building skills . Should work with team to develop

Skills Required

Contract Management, Project Management, Erp, Procurement, Logistics