Procurement Specialist
4 weeks ago
Job Summary
We are seeking a highly skilled Procurement Specialist to join our team at Maruti Suzuki India Limited. The successful candidate will be responsible for sourcing and developing plastic parts, lamps, and rubber parts, as well as negotiating with suppliers and managing procurement activities.
Key Responsibilities
- Timely sourcing and development of plastic parts, lamps, and rubber parts
- Negotiation with suppliers and cost settlement for various parts at competitive prices
- Timely procurement of parts for smooth line running
- Understanding cost reduction concepts like yield, VAVE, etc. to assist in cost reduction
- Project schedule monitoring, MIS reporting activities, budget making, vendor capacity assessment, and planning
Technical/Functional Requirements
- Well-versed with logistics, planning, and production techniques and terms (e.g., milk run, cross-docking, etc.)
- Understanding of zero-based costing
- Understanding of component development procedure
- Basic understanding of plastics technologies and handled similar components in the past in a supply chain role in the automotive industry
- Experience with ERP systems and understanding of its usage in scheduling, price monitoring, etc.
- Handled suppliers and knows the basics of commercial agreements, etc.
- Good knowledge of Excel, MS Word, etc.
- Ability to effectively communicate specific requirements with suppliers and monitor the overall development process
- Good negotiating skills, ability to analyze commercial information, and propose strategies
- Ability to evaluate alternatives with cost-benefit analysis
- Strategic thinking
- 360-degree approach to business situations
- Strong execution orientation and problem-solving approach
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