Head of Department

2 weeks ago

Mumbai, India Bajaj Electricals Full time

Purchase & Sourcing Head – Appliances ( 13~ 16 Yrs. Exp) 

  • Purchase & Sourcing
  • Material Management
  • Vendor development - Cost & Deliveries
  • Vendor assessment
  • New Part Development
  • Team Management

Essential Duties & Responsibilities:

  • Defining Factory Commodity Strategy & Execution plan.
  • Part development, follow processes and execute strategy for the commodity in line with overall Factory objectives (annual operating plan, long term plan, yearly targets), market research and analysis and available and potential supply base.
  • Constantly explore low cost supply base opportunities to improve the bottom line.
  • Constantly update knowledge energy regulations and requirements and incorporate the same in the sourcing strategy
  • Identify opportunities to source alternate materials from existing / new suppliers.
  • Identify need to create or refresh a strategy (capacity planning) to source materials by gathering internal / external data and study the implications of current and future business conditions
  • Analyse competitor strategy, industry cost structure, supplier landscape and capabilities.
  • Evaluate suppliers for future sourcing opportunities.
  • Work with other functions to assess supplier qualification and capabilities with a predefined set of criteria.
  • Finalise on the shortlisted suppliers by issuing an RFQ for the commodities to be sourced as per strategy or alternatively conduct an e- auction
  • Finalise on the shortlisted suppliers by issuing an RFQ for the commodities to be sourced as per strategy or alternatively conduct.
  • Develop key criteria for evaluating RFQs response by suppliers and determine the weight against each criterion (for eg: time, cost, quality, process etc).
  • Develop a negotiation strategy to be used with the supplier and ensure the same is signed off by the appropriate level of leadership.
  • Negotiate with suppliers to ensure factory financial and quality objectives are met whenever needed.
  • Value Creation and Cost Leadership by working on new Initiatives.
  • Experience of handling Purchase team (Daily, weekly & Monthly Purchase & Vendor development & Vendor assessments)
  • Daily supplier planning and scheduling management
  • Idle time reduction for production line (Resolution and target achievement for supplier, SBD issues)

Skills: 

  • Negotiation
  • Financial Acumen
  • Cost Management
  • Contract Management
  • Category Management
  • Inventory Management
  • Strategic Sourcing
  • Technological 
  • Analytical
  • Presentation
  • Risk Management

  • Abilities:

  • Significant exposure in performing purchase head duties as well as implementing application of standard purchase & Sourcing   principles and practices
  • Proficient in spearheading procurement initiatives, design, testing & validation, process improvement and systems designing initiatives & plans
  • An effective communicator with honed interpersonal, leadership, problem solving and analytical skills

  •  

    Exp & Qualification:

  • Engineering Graduate with 13-16 years of experience. Prefer Automotive / Appliance industry, MNC Commodity background preferred. Experience in Development and costing of Home appliances  parts .

  • Preferred industry Exp :

  • Automotive / Appliance industry

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