Manager - Purchase

Responsibilities:

1. Category Management:

a. Developing & executing purchasing strategies for the categories handled across the abrasive business in line with business direction/ visions, with clear focus towards supply de-risking, cost reduction and value enhancement.

b. Lead and implement regional or global projects/ initiatives to support savings delivery or risk mitigation. Closely work with finance representatives to understand product costing, budgeting and savings implications for category sourcing initiatives.

c. Framework on Supply Chain Resilience: to be designed across the category with defined strategies for execution.

d. WC management: Focusing on establishing the best payment terms for effective working capital management. Driving projects on VMI for inventory control & Vendor financing model for payment term management.

e. Forecasting on inflations/ deflations for upcoming months and advising management in advance for any cost correction.

f. Cost Management:

• Cost will be a key parameter & candidate shall be looking for every available opportunity to minimize /optimize the cost spent to secure the quality goods/ services.
• Deliver YoY savings & cost avoidances as per the targets defined by the company/ management.

• Work closely with the stakeholders/ end users to identity opportunity by working collaboratively & bringing alternative approach to minimize cost at every level.

• Market Due Diligence:

a. Drive detailed market research & study on the different driving forces of the industry/ category (including primary & secondary research).

b. Evaluating suppliers core competencies and competitive positioning using various sourcing models and benchmarking techniques.

c. Gaining Market Intelligence and using the same in formulating purchasing strategies.

d. Competitors sourcing analysis and Import data analysis for making decisions towards the sourcing pattern or identification of sources.

1. Sourcing/ Procurement:

a. Identifying and developing potential new suppliers, which would strategically benefit the value chain.

b. Lead strategic relationships with critical suppliers providing secure and cost-effective sources for relevant commodities

c. Manage & execute sourcing activities: Floating of RFX, commercial evaluation, reviewing the technical evaluation, negotiations, management approval and contract finalization.

d. Market data related to price & index movement of raw materials/ logistics to be studied and decisions to be taken on sourcing patterns.

4. Contract Management:

a. Price finalization for long term and contract establishment & dissemination of quarterly/ half-yearly/ yearly purchase strategy (SOB, Supplier preference etc.,).

b. Negotiation: Negotiates the contracts with suppliers that secure favorable terms for purchasing of goods and services contracts in line with the agreed business requirements.

c. Establishing Outline agreement in SAP for the categories for a longer fixed period

5. Supplier Relationship Management:

a. Approved supplier list: Manage the supply base for the categories within scope through a robust performance management process.

b. Supplier Evaluation & rating: Periodic evaluation of suppliers performance followed by Supplier ratings. Review and rating to be completed for Strategic & Critical suppliers in every six months period.

c. Risk Mitigation Plan: Lead development and implementation of global / regional Risk Mitigation strategies to ensure security of supply.

6. Compliance:

a. Implement GNO's Central Procurement & Purchase processes, guidelines, strategies locally and ensure compliance.

7. Operational Performance/ Service Delivery:

a. Ensure the day-to-day Purchase activities of Indirect Items (Services, MRO, Consumables, Tooling & Capex) are performed in compliance to the standards and performance measure set in as per the purchase policy/SOP.

b. Ensuring effective utilization of E-tools for leveraging the negotiation and compliance of procurement process.

8. Stakeholder Management:

a. Building strong relationships with key stakeholders (internal & external) for managing expectations and improving cooperation across organization and the business.