Sourcing & Rate Contract Finalization:-
Responsible for Sourcing activity at Group level for the specified categories of items.
Finalize rate contracts as applicable at Corporate; facilitate release of purchase orders through BUs against valid Contracts.
Develop appropriate Sourcing Strategy incl. E-sourcing.
Detailed understanding of relevant contractual and legal matters to protect company's interest
Manage and constantly evaluate vendors
Ensure that CPC Web based system is effectively maintained
Spend Management & Cost Savings:-
Continuously review existing cost structure and coordinate with respective Spend Departments (BUs /Finance/ Operation) to identify opportunities and work out the cost reduction possibilities through key drivers like consolidation, purchasing efficiencies, value engineering, elimination and consumption control etc.
To analyse the spend pattern and identify key cost drivers for the spend and benchmark the same.
Set up systematic approach for spend control, benchmarking & standardization, drive competitive approach.
Review and provide updates on the cost reduction programs.
Monitoring and tracking cost reduction initiatives:-
Create feasible timelines and monitor implementation of ideas.
Maintain a track sheet and regularly update the same.
Partner Relationship Management:-
Align Partners with Group systems & processes
Set up periodic meetings & visits at appropriate levels.
Jointly work with Partners for value engineering & cost reduction programs.
Audit Compliance of key processes:-
Ensure compliance of various procurement processes and demonstrate through conduct of internal as well as statutory audits.
Understand various risks and put systems. to mitigate the same
Program Management of Group SCM initiatives:-
To efficiently manage, monitor and track the Program of Group SCM Initiatives.
Provide regular updates and timely escalations at appropriate levels.
Speed of execution without compromising on process adherence -- to have simplified processes with adequate controls and automation.
Geographical spread -- to have procurement plan to deliver materials to various locations in a timely manner.
Cost reduction -- to find opportunities to reduce cost through alternative sourcing and efficient ways to do the job.
Alignment with BU Purchase teams -- to ensure the Centralized Sourcing & Decentralized Operations are in sync.
16 to 18 years in any professional organization in the area of Procurement & Supply Chain function, Cost Control,Vendor Development etc. out of which at least 10 years experience in Procurement of Aluminium Conductors, Insulators, Zinc, Nuts & Bolts Assy , Hardware & Other Mechanical Proprietary Items used in Power transmission line