Lab Procurement Specialist

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  • Bangalore
  • Confidential
  • 5-10 years
  • 10 Jun 2015

  • Purchase

  • Logistics/ Courier/ Cargo/Transportation
Job Description

Ability to analyze the various elements, enlist and identify cost drivers which are the various elements that add up to the total cost of ownership (TCO)

Is responsible for contributing towards business continuity planning (BCP)

Conducting from time to time a comprehensive risk analysis

Analyze data on industry and market dynamics and products/services trends.

Required to develop negotiation strategies for sole source procurement- i.e. negotiating in a scenario, where there is only one supplier in the market for a particular requirement.

The role bearer has the end to end responsibility for conducting RFQs(Requests for Quotation) and RFPs (Requests for Proposal).

For high value procurements, the role bearer is responsible for conducting competitive bidding; E-auctions (reverse, forward, Dutch etc.)

Establish and maintain relationships with the stakeholder community for an effective implementation of the P2P process and policy enforcement, across businesses

Contribute to vendor evaluation criteria and policies

Alignment with Honeywell global for implementation of common processes and systems (CPS)

Develop, track, and report savings, spending compliance and variances

Periodically reviewing supplier performance, in collaboration with the stakeholder community

Is responsible for improving the average payment terms (AWPOT)

Is required to work with the stakeholders to ensure timely payment to vendors

Is needed to report one kaizen per month.

Responsible for facing external audits, internal audits, audits conducted by the tax authorities

Responsible for enforcement of contractual obligations on vendors and flagging of non-compliance

Contribute towards revision of contract templates- in the context of amendments or introduction of new laws/ statutes. Also, revision of internal policies, technological advancement which would need us to strengthen the contract/ amend the contract template.

Responsible for enforcement of contractual obligations on vendors and flagging of non-compliance

Support the SCM leadership and the HTS legal counsel in the situation of a vendor dispute

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