[Urgent] Senior Manager-purchase Electricals

Purpose of the RoleThis role is responsible to manage end-to-end purchasing activities for the allocated commodity The position holder is responsible to on-board strategic vendor partners for part category within DMC and capex targets received from product line with a visibility of achieving cost efficiencies by deploying various cost reduction levers Job Responsibility1 Strategy Development 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 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 TMPV 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 TMPV 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 Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors Compare current part with the Proposed change and review the commercial impact Release of RFQ for the shortlisted list of vendors Ensure amendment of Purchase orders on the revised pricing2 Finance Management Collaborate with Engineering 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 Evaluate vendors to track target cost in case of cost escalation quality issues initiate re-sourcing along with SQ and SCM for identified commodity Drive cost reduction through Commercial reduction VAVE Resourcing SOB mix Track market commodity prices for costing references Analysis of POGR and CR CI reports Analysis and resolution of audit queries3 People Management Effective communication and interaction with the stakeholders to ensure proper process and necessary improvements to achieve optimal performance Effective networking with all the internal and external stake holders to ensure required support which is crucial to meet deadlines Stakeholder Profiles Nature of InteractionsInternal Product Lines Internal Project status ApprovalsEngineering Internal Technical SpecificationSQ AQ Internal Product Process Quality AssuranceSCM Internal Supplier performanceFinance Internal Budgets payments and other finance related terms conditionsExternal Suppliers RFQ Bidding Price SettlementDesired Candidate Profile Education Bachelor of Eng MBA or other qualifications with relevant experience Relevant Experience Experience of Purchase Process Experience of Supplier Negotiation Experience of Should Costing Zero Based Costing Understanding experience of Cost reduction levers Thorough knowledge of manufacturing and surface protection processes Understanding of part validation and performance measures Knowledge of various raw materials and commercial implications Understanding of TMPV audit guidelines purchasing agreements Skills CompetenciesFunctional Competencies Costing skills Negotiation skills Financial Acumen Supplier Relationship Management Performance Management Technical Competencies Demonstrates substantial knowledge of electrical technology Able to independently handle procurement of commonly used electronic components Understands the technical specifications of microcontrollers processors semiconductors infotainment and multimedia units and components for driver assist experience and self drive to purchase components as per product needs Works with empanelled suppliers to ensure timely delivery of parts in line with defined quality specifications and TAT Able to negotiate all parts independently with minimal supervision Self preparation leads negotiations with final outcome for the negotiated parts Able to do Zero based costing on his own Able to suggest alternate ways of producing a part which can result in capex saving and consistent quality Benchmarking of parts processes specifications suppliers and competition