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Indirect Sourcing Buyer
2 months ago
As an Indirect Sourcing Buyer at Sterlite Power, you will play a pivotal role in managing the procurement of indirect goods and services to support the organization's operations. Your primary responsibility will be to ensure cost-effective sourcing, supplier management, and procurement processes for various indirect materials and services. You will contribute to the company's cost-saving initiatives while maintaining the highest standards of quality and efficiency.
Key Responsibilities:
• Sourcing and Supplier Management: Identify, evaluate, and select suppliers for indirect goods
and services. Build and maintain strong relationships with suppliers to ensure high-quality
products and services, timely deliveries, and cost efficiency.
• Cost Optimization: Analyze and negotiate pricing, terms, and contracts to achieve cost savings
without compromising quality or service levels. Continuously monitor and drive cost reduction
strategies.
• Procurement Process: Develop and execute procurement strategies and policies for indirect
materials and services. Collaborate with various departments to understand their procurement
needs and ensure compliance with established processes.
• Market Analysis: Stay updated on market trends, industry best practices, and emerging
technologies to identify opportunities for improvement and innovation in the indirect sourcing
process.
• Risk Management: Identify potential risks in the supply chain and develop risk mitigation
strategies to ensure a stable and uninterrupted flow of indirect materials and services.
• Contract Management: Manage contracts, agreements, and Service Level Agreements (SLAs)
with suppliers, ensuring compliance and enforcing contractual terms when needed.
• Reporting and Analysis: Generate reports and provide data-driven insights to support decision making and optimize sourcing strategies.
Qualifications:
• Proven experience in indirect procurement or sourcing, preferably in a corporate setting.
• Strong negotiation and communication skills.
• Familiarity with procurement software and tools like SAP
• Knowledge of relevant laws and regulations governing procurement activities.
• Analytical and problem-solving skills.
• Attention to detail and the ability to work under pressure.
• Strong organizational and time management skills.