Buyer - Engine Proprietary, Ssu A

24 hours ago

Mumbai Maharashtra, India Mahindra & Mahindra Ltd Full time

**Responsibilities & Key Deliverables**

**Negotiation Excellence & Supplier Relationship Management**
- Exhibit strong negotiation acumen to secure favourable commercial terms.
- Cultivate long-term, trust-based supplier relationships to support strategic partnerships.

**Costing & Product Cost Analysis**
- Develop precise cost estimates using standardized templates and advanced costing methodologies tailored to proprietary engine parts (Plastic & Rubber commodity)
- Collaborate with internal teams to continuously improve cost structures.

**Supplier Scouting & Industry Mapping**
- Lead comprehensive scouting initiatives to identify and evaluate potential suppliers for critical components.
- Conduct in-depth industry mapping to benchmark leading players, emerging technologies, and evolving supply trends.

**Supplier Selection & Commercial Negotiation**
- Drive supplier identification and qualification aligned with technical specifications and strategic sourcing goals.
- Lead end-to-end price negotiations, ensuring commercially viable outcomes within budgetary frameworks and quality expectations.

**Cost Optimization & Value Engineering**
- Identify and implement innovative cost reduction strategies during sourcing and negotiation phases.
- Deliver measurable savings while safeguarding product integrity, delivery timelines, and compliance standards.

**Financial Analysis & Risk Assessment**
- Analyze supplier financials, including balance sheets and liquidity indicators, to inform negotiation strategy and risk mitigation.
- Proactively assess supplier viability and exposure to ensure continuity and resilience across the supply chain.

**Price Containment & Purchasing Spend Control**
- Deploy structured price containment mechanisms to manage cost escalations coming from suppliers and ensure alignment with overall purchasing spend targets.

**Process Compliance & Ethical Governance**
- Uphold rigorous adherence to sourcing processes, documentation standards, and high-order ethical conduct across all supplier engagements.

**Benchmarking & Market Intelligence**
- Conduct regular benchmarking of technologies, pricing models, and supplier capabilities to maintain competitive advantage.

**Cross-Functional Collaboration**
- Actively engage with cross-functional teams (CFTs), including engineering, quality and logistics, to drive sourcing decisions and project success.

**Preferred Industries**

**Automobile**

**Farm Sector**

**Education Qualification**
- Qualification: BE - Mechanical, Production, Automobile

**General Experience**
- 3 - 6 years

**Critical Experience**
- SAP, Advanced Excel, Presentation skill

**System Generated Core Skills**
- Analytical Thinking
Communication Skills
Influencing Skills
Project Planning & Execution
Risk Analysis
Supplier Selection
Pricing
Price Optimization
Supplier Risk Management
Sourcing
Strategic Sourcing
Benchmarking

**System Generated Secondary Skills**
- Negotiation
Project Management
Supplier Management

**Job Segment**:Engineer, Engineering

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