08/08/2025) Purchase Manager/AGM- Vendor Development

4 weeks ago

India Larsen & Toubro Limited Full time
Job Description

Purchase Manager/ AGM - Vendor Development

A Procurement Manager with expertise in vendor development, possessing a synergistic blend of technical & business insight, and interpersonal skills. Possesses comprehensive knowledge of machining, fabrication, and specialized processes. Responsible for the cultivation of new vendors through mentorship and guidance, ensuring they meet the requisite standards of Performance, Quality, Cost, and Delivery (PQCD).

Educational Qualifications

Bachelor's degree in mechanical engineering, Manufacturing Engineering, or a related field. With 15 to 18 yrs of experience OR Diploma Engineering in Mechanical/Production with 20-25 yrs of experience in vendor development or procurement at heavy Engineering company.

Technical Skills

1. Machining knowledge: Familiarity with various machines & machining processes, such as turning, milling, drilling, and grinding.

2. Manufacturing processes: Understanding of manufacturing processes, including casting, forging, and welding.

- Process knowledge
- Product knowledge
- CNC operation knowledge
- Tooling Knowledge
- Basic knowledge of materials
- Machine tools

Soft Skills:

1. Collaboration: Ability to work effectively with cross-functional teams, stakeholders, and suppliers.
2. Problem-solving: Strong problem-solving skills to address procurement challenges and optimize processes.
3. Adaptability:Ability to adapt to changing business needs, priorities, and market conditions.
4. Communication: Effective communication skills to negotiate, collaborate, and build relationships with stakeholders and suppliers.

Responsibilities:

1. Develop and implement vendor management strategies that align with business objectives.
2. Monitor vendor performance against contractual standards and service level agreements (SLAs).
3. Identify and mitigate risks associated with vendor partnerships.
4. Collaborate with internal teams to align vendor services with business needs
5. Develop a Vendor Development Plan: Create a structured plan outlining goals, objectives, and strategies for vendor development.
6. Foster Collaborative Relationships: Build strong, collaborative relationships with vendors to drive mutual benefit and growth.
7. Measure and Evaluate Performance: Regularly assess vendor performance using established KPIs and adjust strategies accordingly.
8. Provide Feedback and Support: Offer constructive feedback and support to vendors to help them improve and grow.

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