Buyer - Engine Proprietary, SSU A

4 days ago

Mumbai, India Mahindra Rise Full time

Company: Mahindra & Mahindra Ltd Responsibilities & Key Deliverables Negotiation Excellence & Supplier Relationship Management Exhibit strong negotiation acumen to secure favourable commercial terms. Cultivate long-term, trust-based supplier relationships to support strategic partnerships. Costing & Product Cost Analysis Develop precise cost estimates using standardized templates and advanced costing methodologies tailored to proprietary engine parts (Plastic & Rubber commodity) Collaborate with internal teams to continuously improve cost structures. Supplier Scouting & Industry Mapping Lead comprehensive scouting initiatives to identify and evaluate potential suppliers for critical components. Conduct in-depth industry mapping to benchmark leading players, emerging technologies, and evolving supply trends. Supplier Selection & Commercial Negotiation Drive supplier identification and qualification aligned with technical specifications and strategic sourcing goals. Lead end-to-end price negotiations, ensuring commercially viable outcomes within budgetary frameworks and quality expectations. Cost Optimization & Value Engineering Identify and implement innovative cost reduction strategies during sourcing and negotiation phases. Deliver measurable savings while safeguarding product integrity, delivery timelines, and compliance standards. Financial Analysis & Risk Assessment Analyze supplier financials, including balance sheets and liquidity indicators, to inform negotiation strategy and risk mitigation. Proactively assess supplier viability and exposure to ensure continuity and resilience across the supply chain. Price Containment & Purchasing Spend Control Deploy structured price containment mechanisms to manage cost escalations coming from suppliers and ensure alignment with overall purchasing spend targets. Process Compliance & Ethical Governance Uphold rigorous adherence to sourcing processes, documentation standards, and high-order ethical conduct across all supplier engagements. Benchmarking & Market Intelligence Conduct regular benchmarking of technologies, pricing models, and supplier capabilities to maintain competitive advantage. Cross-Functional Collaboration Actively engage with cross-functional teams (CFTs), including engineering, quality and logistics, to drive sourcing decisions and project success. Preferred Industries AutomobileFarm SectorEducation Qualification Qualification: BE – Mechanical, Production, AutomobileGeneral Experience 3 - 6 yearsCritical Experience SAP, Advanced Excel, Presentation skillSystem Generated Core Skills Analytical ThinkingCommunication SkillsInfluencing SkillsProject Planning & ExecutionRisk AnalysisSupplier SelectionPricingPrice OptimizationSupplier Risk ManagementSourcingStrategic SourcingBenchmarkingSystem Generated Secondary Skills NegotiationProject ManagementSupplier Management

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