Sr Manager – Purchase will work with the relevant teams to award the portfolio of contracts in order to maximize added value from 3rd Party Goods and Services and achieve business objectives in a timely manner within TML procurement procedures.
Job Responsiblities
Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models
Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process
Review SOR on Technical specifications in order to shortlist vendors
Review tech specification/ drawing shared by Product development for a particular commodity
Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.
Analyse quotation received for RFQ.
Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process
Propose a shortlist of most suitable vendors after negotiation
Recommend SOB for vendors as per organizations long term sourcing strategy
Obtain internal approval for vendor finalization through sourcing council and release PO
Monitor and Review financial health, operations, IR health, etc. of the suppliers for long term sustainability
Identify vendors which can be groomed as long term partners for TML
Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers
EVI (Early Vendor Involvement) – develop vendors for critical long lead time items
Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity
Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors
Collaborate with ERC on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement. Work along with vendors to get optimal advantage
Compare current part with the Proposed change and review the commercial impact
Release of RFQ for the shortlisted list of vendor
Track market commodity prices for costing references
Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix
Ensure amendment of Purchase orders on the revised pricing
Education
BE/B Tech
Work Experience
3-9 years
Tata Motors Leadership Competencies
Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations
Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel
Driving Execution - Translating strategy into action and execution
Leading by Example - Encouraging and following ethical standards
Leading Change - Recognizing the need for change, initiating and adapting to change
Motivating Self and Others - Inspiring teams and individuals
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