Procurement Specialist for Proprietary Parts
3 days ago
Job Title: Procurement Specialist for Proprietary Parts
We are seeking a highly skilled Procurement Specialist to join our team at Tata Technologies. In this role, you will be responsible for sourcing and costing proprietary parts, managing supplier relationships, and ensuring timely delivery of high-quality components.
About the Role:
We offer a competitive salary package with an estimated annual compensation of ₹12-20 lakhs depending on your experience and qualifications.
Key Responsibilities:
- Supplier Management: Identify and evaluate potential suppliers for proprietary parts, including domestic and overseas vendors. Negotiate terms and conditions to secure the best possible deals with respect to pricing, delivery timelines, and quality standards.
- Costing and Budgeting: Conduct thorough cost evaluations for proprietary parts and ensure that all costs are accurately accounted for.
- Purchase Order Management: Create and manage purchase orders (POs) accurately and promptly to ensure timely delivery of components.
- Invoicing and Payment: Oversee the invoicing process, ensuring that all invoices are correctly issued and processed. Coordinate with the finance department to ensure timely payment release to suppliers.
- Logistics and Dispatch: Coordinate the logistics and dispatch of parts, ensuring timely delivery to the manufacturing units or job sites.
- Supplier Performance Evaluation: Track and evaluate supplier performance based on key metrics such as quality, delivery time, and cost. Conduct regular performance reviews with suppliers and implement improvement plans where necessary.
Required Skills and Qualifications:
- Technical Skills: Proficiency in MS Office (Excel, Word, PowerPoint), Power BI, SAP, ERP, and 2D/3D design reading and interpretation.
- Analytical and Problem-Solving Skills: Strong analytical and problem-solving skills, with the ability to solve complex problems and take decisive action.
- Communication and Interpersonal Skills: Excellent communication and interpersonal skills, with the ability to coordinate with multiple teams located at different locations.
- Category Management and Cost Optimization: Proven experience in category management, negotiation, cost optimization, spend management, and low-cost country cost database management.
Working at Tata Technologies:
Tata Technologies is a leading provider of engineering services and solutions. We offer a dynamic work environment with opportunities for growth and professional development. As a Procurement Specialist, you will have the chance to work with a talented team of professionals and contribute to the success of our organization.
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