Procurement and Cost Optimization Specialist

2 hours ago


Pune, Maharashtra, India Tata Technologies Full time

Job Title: Procurement and Cost Optimization Specialist - Proprietary Components

About the Role:

We are seeking an experienced Procurement and Cost Optimization Specialist to join our team at Tata Technologies. In this role, you will be responsible for identifying and evaluating potential suppliers of proprietary components, negotiating contracts, and optimizing costs.

About You:

To succeed in this role, you should have a strong analytical mindset, excellent communication skills, and the ability to work independently. You should also have hands-on experience with proprietary suppliers and knowledge of manufacturing processes.

Key Responsibilities:

  • Identify and evaluate potential suppliers of proprietary components based on quality, cost, and delivery capabilities.
  • Negotiate contracts with suppliers to secure the best possible deals.
  • Optimize costs by analyzing supplier proposals and creating agreements that meet company standards.
  • Maintain strong relationships with key suppliers to ensure long-term partnerships and collaboration.
  • Create and manage purchase orders accurately and promptly.
  • Oversee the invoicing process to ensure timely payment release to suppliers.
  • Coordinate logistics and dispatch of parts to ensure timely delivery to manufacturing units or job sites.
  • Track and evaluate supplier performance based on quality, delivery time, and cost.
  • Conduct regular performance reviews with suppliers and implement improvement plans where necessary.

Requirements:

  • Bachelor's degree in Supply Chain Management, Business Administration, or related field.
  • Minimum 4-15 years of experience in procurement and cost optimization.
  • Excellent analytical and problem-solving skills.
  • Strong communication and negotiation skills.
  • Ability to work independently and as part of a team.
  • Knowledge of SAP, ERP, and other procurement software.
  • Experience with MS Office, Power BI, and other business tools.

What We Offer:

Tata Technologies offers a competitive salary range of ₹10,00,000 - ₹20,00,000 per annum, depending on experience, plus benefits such as medical insurance, retirement plan, and paid time off.



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