Senior Manager
2 weeks ago
Job Summary
This role is responsible for managing end-to-end purchasing activities for allocated commodities. The position holder will be responsible for onboarding strategic vendor partners for specific part categories within DMC and capex targets received from product lines, with a focus on achieving cost efficiencies through various cost reduction levers.
Key Responsibilities
- Prepare DMC and capex estimation for upcoming models.
- Identify vendors with advanced technology, prepare business plans, and validate vendors for empanelment.
- Review SOR on technical specifications to shortlist vendors.
- Review technical specifications/drawings shared by product development for specific commodities.
- Prepare RFQ documents for vendors and ensure TRSO signoff from SQ.
- Analyze quotations received for RFQ.
- Prepare cost estimates for parts according to TML standard cost estimation processes.
- Propose a shortlist of suitable vendors after negotiation.
- Recommend SOB for vendors according to the organization's 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 suppliers for long-term sustainability.
- Identify vendors that can be groomed as long-term partners for TML.
- Supplier negotiation – assess the current situation (business environment-external) along with SQ and SCM, and negotiate terms and conditions with suppliers.
- EVI (early vendor involvement) – develop vendors for critical long-lead-time items.
- Process and supply chain optimization by localization of components through resourcing or introduction of alternate technologies with vendors.
- Compare current parts with proposed changes and review commercial impact.
- Release RFQ for shortlisted vendors.
- Ensure amendment of purchase orders on revised pricing.
Requirements
- Experience in purchase process.
- Experience in supplier negotiation.
- Experience in should costing/zero-based costing.
- Understanding and 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 TML audit guidelines and purchasing agreements.
Tata Motors Leadership Competencies
- Customer Centricity – anticipating, understanding, and focusing efforts on meeting customer (stakeholders) needs or expectations.
- Developing Self and Others – recognizing continuous development is essential for success and taking steps to develop self and helping others to excel.
- Driving Execution – translating strategy into action and execution.
- Leading by Example – encouraging and following ethical standards.
- Leading Change – recognizing the need for change, initiating, and adapting to change.
- Motivating Self and Others – inspiring teams and individuals.
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