Buyer - SSU Engine Proprietary

3 days ago

Mumbai, Maharashtra, India Mahindra & Mahindra Limited Full time US$ 80,000 - US$ 1,20,000 per year
Responsibilities & Key Deliverables


•    Supplier Scouting and Industry Mapping:

•    Conduct thorough scouting of potential suppliers for engine proprietary components.

•    Perform detailed mapping of industry references to identify leading suppliers and emerging trends within the industry.

•    Supplier Selection and Price Negotiation:

•    Identify and select appropriate suppliers for various engine proprietary components.

•    Lead the price settlement process, ensuring competitive pricing that aligns with company standards and budget constraints.

•    Costing and Product Cost Analysis:

•    Develop cost estimates for various engine proprietary components using predefined templates and comprehensive product costing methodologies.

•    Financial Analysis and Risk Assessment:

•    Analyze suppliers' balance sheets for commercial negotiations.

•    Assess financial health and risk indicators of suppliers to mitigate potential risks to the supply chain.

•    Cost Reduction and Negotiation Strategies:

•    Identify and implement innovative cost reduction ideas during negotiations.

•    Develop and execute plans to realize cost savings without compromising on quality or delivery timelines.

•    Negotiation Skills:

•    Exhibit strong negotiation skills to achieve favorable terms and pricing from suppliers.

•    Build and maintain robust relationships with suppliers to facilitate smooth negotiations and long-term partnerships.

•    Price Containment:

•    Implement strategies to contain and manage prices effectively, ensuring alignment with overall cost management objectives.

•    Supplier Risk Management:

•    Develop and execute supplier risk management and mitigation plans.

•    Proactively identify potential risks and take steps to minimize their impact on the supply chain.

•    Compliance to process and systems with high degree of Ethical Conduct.

•    Benchmarking Technology and Prices:

•    Conduct benchmarking studies to compare technology and prices across the industry.

•    Use benchmarking data to inform decision-making and ensure the company remains competitive.

•    Cross-Functional Team Coordination:

•    Demonstrate strong coordination and communication skills to work effectively within cross-functional teams (CFT).

•    Facilitate collaboration among various stakeholders to achieve common goals and drive project success.

Preferred Industries
Automobile Farm Sector Education Qualification

BE – Mechanical, Production, Automobile

General Experience

4 to 7 yrs experience

Critical Experience
  1. Excellent verbal & written communication skills
  2. Hands-on with Excel & PowerPoint
  3. Know-How of costing of manufacturing processes like Stamping, Machining, and Assembly
  4. Hand-On exprience in SAP, Advanced Excel, Presentation
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

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