Strategic Purchasing Manager
6 days ago
Company Overview
Tata Motors is a leading automotive manufacturer with a strong presence in the global market.
Job Summary
We are seeking an experienced Strategic Purchasing Manager to join our team. The successful candidate will be responsible for managing end-to-end purchasing activities for allocated commodities, on-boarding strategic vendor partners, and driving cost efficiencies through various cost reduction levers.
Responsibilities
- Prepare DMC (Direct Material Cost) 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 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 TML Standard Cost Estimation Process.
- Propose a shortlist of most suitable vendors after negotiation.
- Recommend SOB for vendors as per 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 Tata Motors.
- Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully 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 component by resourcing or by introduction of alternate technologies with help of vendors.
- Compare current part with Proposed change and review commercial impact.
- Release of RFQ for shortlisted list of vendors.
- Ensure amendment of Purchase orders on revised pricing.
Requirements
- 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 Tata Motors audit guidelines, purchasing agreements.
Estimated Salary: ₹1,200,000 - ₹1,800,000 per annum
Location: Mumbai, India (or remote)
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