Regional Buyer

3 weeks ago


Faridabad, India GKN Full time

**Role Purpose**:

- Purchases materials, parts, supplies, and equipment following established purchasing policies and procedures and optimizes price, delivery, and terms.

**Key responsibilities**

**Procurement**

Achieve specific procurement goals or provide support to others while following established procurement systems and protocols.

**Contract Requirements**

Identify contract requirements and write specifications for a small portfolio or area of the business for existing contracts and/or new contracts.

**Contract Management**

Deliver required outcomes by managing day-to-day relationships with contract service providers while working within an established contract management plan.

**Buying**

Negotiate with vendors on product assortment and price. Involves working either on a small to medium category of products, merchandise or services or on specified products and services within a large category.

**Sourcing**

Collect and analyze the key cost drivers, market dynamics and issues, areas of innovation, and alternative suppliers for a low-risk area with many alternatives/minimum costs of changing, in consultation with relevant functions to provide solid market information for decision making.

**Data Collection and Analysis**

Collate and analyze data using pre-set tools, methods and formats. Involves working independently.

**Cost Accounting**

Evaluate costs and identify variances or opportunities to improve profitability for more senior colleagues.

**Category Management**

Deliver specific category goals within a significant category plan/program in line with the organizations’ purchasing/procurement and/or sales strategy. Identify improvements to the plan/category program.

**Change Management**

Develop knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.

**Document Preparation**

**Information and Business Advice**

Resolve queries from internal or external customers or suppliers by providing information on complex processes and the related policies, referring to others where necessary for interpretation of policy.

**Stakeholder Engagement**

Assist with stakeholder engagement by arranging actions, meetings, events, and supporting materials to promote stakeholder understanding and commitment.

**Skills**

**Costing and Budgeting**

Works without supervision and provides technical guidance when required on costing, budgeting and finance tasks.
**Negotiation**

Uses comprehensive knowledge and skills to negotiate independently while providing guidance and training to others on how to help the organization by obtaining consensus between two or more internal or external parties who may have different interests.

**Verbal Communication**

Uses clear and effective verbal communications skills without supervision and provides technical guidance when required on expressing ideas, requesting actions and formulating plans or policies.

**Action Planning**

Works without supervision and provides technical guidance when required on developing appropriate plans or performing necessary actions based on recommendations and requirements.

**Review and Reporting**

Works without supervision and provides technical guidance when required on reviewing and creating relevant, lucid and effective reports.

**Supplier Management**

Uses comprehensive knowledge and skills to act independently while guiding and training others on managing vendors so that they deliver the best possible results given available resources.

**Project Management**

Works without supervision while providing technical guidance when required on managing projects and/or programs within desired cost, time and quality parameters.

**Stakeholder Expectation Management**

Works with full competence to identify potential stakeholders, analyze their expectations, and develop strategies for managing stakeholders and their expectations. Typically works without supervision and may provide technical guidance.

**Education**

Bachelor's Degree or Equivalent Level

**Experience**

Experience enables job holder to deal with the majority of situations and to advise others (Over 6 years to 10 years)