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Procurement & Vendor Management Expert

Procurement & Vendor Management Expert

Allegion IndiaBengaluru, Republic Of India, IN
1 day ago
Job description

Position Summary : Describe the overall purpose of this position, including the value that it brings to the organization.

Principal Responsibilities : List all major results / outcomes of this position. List them in descending order of importance.

  • Sourcing & supply management for Indirect materials / commodities and services.
  • Following / execution of sourcing strategies, vendor identification, vendor development and analytical assessment to strengthen supply chain effectiveness.
  • Strategizing and deriving the on-time & quality metrics by streamlining the process to support Engineering team to receive their prototype parts & get their engineering services done.
  • Executing and monitoring the purchase contracts & service agreements for various commodities, services, facility and operation requirements.
  • Relationship building with vendors and customers with proven ability to provide on-time delivery and quality expectations to customers.
  • Quality Inspection, Quality assurance, Process development and Product development techniques.
  • Exposure to QMS and EHS norms.
  • Good communication and presentation skills with demonstrated abilities in training, team building and driving executives

Procurement

  • Follow / execute strategic methodologies in sourcing, aiming at on-tme deliveries, reliable and smooth supplies.
  • Sourcing of materials and services ensuring, optimum utilization with maximum cost savings.
  • Meeting customer orders by designing, implementing / monitoring effective procurement along with finalizing the specifications of the materials required for operations.
  • Clear understanding of GST
  • Execution of complete purchasing cycle – right from obtaining quotes until payment received by vendor.

    • Vendor Development

  • Identification of cost effective and reputed vendors aiming at best cost with improved quality & reliability.
  • Monitoring incoming materials supplied by vendors & ensuring they are as per quality & quantity specifications as well as assisting them in following purchasing processes / systems.
  • Vendor evaluation, rating and development - Ensuring periodic vendor audits and performance rating. Assessing performance of vendors based on KPIs such as Quality, Quantity, Delivery, Cost, responsiveness, credit terms etc.
  • Percentage of Travel : 25%
  • Min. Yrs. Experience : 6 - 9 years
  • Education Standard : should be BE [Mech / ECE / EEE]

    • Does the Scope of the Job Encompass : (check all that apply)

    Whole Company Sector

    Sector Business Unit Location (please specify) : Bangalore,

    Product Line (please specify) _ Department : Global Supply Management

    SECTION 4

    Formal Education Requirement :

    Required Level : High School Bachelors Degree Masters Degree Other Mechanical Engineering

    Preferred level : High School Bachelors Degree Masters Degree Other Mechanical Engineering

    Minimum Years of Experience Necessary : 0 – 5 5 – 10 20+

    SECTION 5

    Key Competencies : Identify the Key Competencies required to successfully accomplish the Accountabilities of the position. Describe each Key Competency as it relates to this position. Assign a relative weight to each Key Competency on a scale of 1 to 5. More than one Key Competency can carry the same weight. NOTE : list ONLY competencies that are essential to the position.

    WEIGHTS

    5 = Most important relative to other key competencies

    2 = Somewhat important relative to o / key competencies

    4 = Very important relative to other key competencies

    3 = Important relative to other Key Competencies

    1 = Least important relative to other key competencies

    Key

    Competency

    Description

    Weight

    Determination to achieve excellent results and demonstrate top performance

    Required Skills : -

  • Atleast 6 - 9 years Experience in purchasing with reputed organization(s)
  • Sound Knowledge on Purchasing Process for both direct & in-direct materials (Local & Imports) and services
  • Experience in CAPEX Purchasing
  • Vendor identification & development process
  • Expertise & knowledge on Cost analysis at item and Raw Material levels
  • Negotiation skills and techniques to drive materials cost reduction
  • Technical know-how on products / commodities & manufacturing processes
  • Good Exposure to supply base in India
  • Experience in Corporate [incl Admin,Facility,Travel] & IT purchasing
  • Ensure compliance with industry standards, quality requirements, and regulatory guidelines
  • Experience in managing NDAs, supplier agreements, purchase orders, and service contracts to support procurement objectives
  • Negotiation skills to secure favorable terms and conditions that align with company policies and goals

    • Desired Skills :

  • Proven ability to work in Global Purchasing Environment
  • Fluent English, other Regional / International Languages added advantage
  • Familiar with ERP tools such as Navision / Oracle etc
  • Willing to travel domestic / International based on business need
  • Strong commercial acumen
  • Strong knowledge on MS Office ( MS excel, MS Power Point )
  • Clear understanding of EXIM, CHA & Customs processes
  • Supporting Engineering team as well as vendor by playing a key role in getting the vendors understanding our requirements.
  • Collaborate closely with CFT team and fulfil the end user procurement needs
  • Demonstrated willingness and enthusiasm to step up into a leadership role within 1-3 years
  • Lead the implementation of standardized processes, drive continuous improvement initiatives, and manage report generation and MIS activities to support informed decision-making

    • Quality

    adhere to quality and process guidelines in assigned role

    Communication

    should be able to clearly communicate ideas and thoughts through oral & written mode.

    Effective listner

    Customer Focus

    should be able to meet internal customers expectations on time

    Should be able to manage external suppliers as per ALLEGION ethics & code of conduct

    Relationship Builder

    should be capable of conversing comforatbly with managers and colleagues.

    should be able to build and manage smooth business relationships with external suppliers

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    Vendor Management • Bengaluru, Republic Of India, IN