Procurement Manager

Role: Procurement Manager

Location: Vareli, Surat

Work Experience : 5-10 years functional experience in Sourcing, Procurement, Inventory Management in a Manufacturing Organization

Education Requirements: Graduate Engineer

Preferred prior experience in in SAP Hana MM Module

Payroll- Randstad

Key Responsibilities:

• Sourcing and Buying of Engineering spares and M&R requirements for various Site functions, including Mechanical, Utilities, Safety, Production, Administration, Logistics Departments.
• Securing highly efficient Commercial deals for the Organization in respective spend areas, with respect to prices, payment terms, guarantees/ warranties, sales & service support and from a total cost of Ownership perspective contributing to overall operating cost efficiencies.
• Build, maintain and expand a comprehensive database and catalogue of goods and services used in Plant operation.
• Ownership of the entire Procure-to-pay process with effective interfacing with the Finance-AP team to ensure payments term adherence.
• Ensure efficiency of the Ordering with minimum turnaround time from PR to material Delivery/ service related deployments.
• Effective Inventory level monitoring through timely replenishment and avoiding over-inventorization in an extremely dynamic business environment. Timely actions for liquidation of slow-moving and obsolete inventories to minimize risks of provisions and write-off.
• End-to-end Contract Lifecycle Management for effective deployment and drawal of various types of services for the Plant requirements.
• Effective interface with Internal Customers and External providers to ensure On- Time & In-Full at competitive costs.
• Managing Supply Chain risks due to external variabilities, volatile market conditions, internal changes and adjustments and regulatory changes impacting operations and processes and initiating proactive countermeasures to ensure supply chain continuity for assigned spend categories.
• Effectively build and communicate governance metrics to establish efficiency and effectiveness of buying process to Management periodically, and provide justifications for variances against determined targets/ budgets.

Personality Trait & ; Work Requirements:

• Excellent Negotiation Skills and knowledge of advance negotiation techniques.
• Excellent Analytical Skills to evaluate comparative competitiveness of Offers and proposals with multiple variables influencing outcomes. High degree of proficiency in Procurement analytics and data visualization to help Management drive decisions based on data and market information. Should have very good knowledge of Advance MS Excel and MS Powerpoint.
• Understanding the technicalities of Key Engineering requirements and ability to communicate requirements for external providers and carry out basic level of vetting of offers and proposals from a techno-commercial perspective.
• Good knowledge of external supply markets, key influencers, operating methodologies, industry practices, applicable regulatory frameworks.
• Very good oral and written communication & presentation skills and ability to relate and communicate at all levels in the Organization and with the external world.
• Good knowledge of Import Process, Custom clearance, INCOTERMS, and International Payment mechanisms.