Buyer - SSU Engine Proprietary

1 week ago

Mumbai, Maharashtra, India Mahindra & Mahindra Ltd Full time ₹ 8,00,000 - ₹ 12,00,000 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 8 yrs experience

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

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