About the role
Job Description
Role: Procurement buyer
Objectives of job:
• Candidate should have preliminary experience in procurement of goods and services/indirect procurement/capital goods.
• Experience in procurement of IT/Engineering Services, IT Hardware, software, facility services, Lab equipment would be added advantage
• Supporting buyers in tactical buying, floating RPQ’s, creation of Purchase Orders.
• Exposure to Commodity specific supplier base and understanding of supplier selection criteria
• Strong documentation acumen, basic to moderate Negotiations skills
• To ensure that all goods & services are purchased for the organization achieving the objectives: Best value; In-time Delivery; Minimized investment
• Adhere to Global Procurement policies
• Alignment of procurement activities with user departments and managing stake holders
• Experience: Purchase, Negotiation, Process knowledge, Supplier interactions
• Specific Knowledge: (Skill / Languages etc.)
Strong communication skills , excel + power-point skills, stakeholder management
Main Task Description
• Sourcing Strategy:
Analyzing procurement offers and suggest methods to decrease expenditure. Supporting buyers in generating and implementing efficient sourcing and category management strategies. Derive strategies through Spend Management, ABC analysis, Pareto Analysis
• Supplier Landscape: Continuously screen the domestic market preparing comprehensive supplier landscape and ensure compliance aspects adhered and monitored
• RFQ Management:
Supporting buyers in finalizing the negotiation strategy and negotiation design. Negotiate with the suppliers and achieve the target cost. Selecting the supplier based on comprehensive evaluation of the offers in terms of best in class price, delivery and quality. Experience in using various price plausibility tools like: Price breakdown, Bottom up cost calculation, Open Book Calculation & Linear Price Performance.
• Purchase Orders
Generating sourcing recommendations and creation of Purchase Orders and contracts. Negotiating with the suppliers for agreement on legal and commercial terms and conditions. Job also involved creation and finalization of maters service agreement and procurement agreements with the suppliers.
• Administration:
Follow the purchasing system and procedures of Procurement according to the company activities and market. Monitor and control all purchasing activities and procedures of company. Track and report key functional metrics to reduce expenses and improve effectiveness.
RFQ preparation and processing with shortlisted vendors. Obtaining competitive offers and evaluating the offers various techno commercial parameters. Collaborate with stake holders to ensure clarity of the specifications and expectations of the company.
• Negotiation with suppliers