Job Description

Responsible for sourcing of commodities and further improves the procurement processes by suggesting improvement initiatives to enhance the organization's ability for timely delivery on materials and services and management of supplier relationship.
To perform various procurement activities across multiple categories of spend, search for better deals and find more profitable suppliers
Other areas of responsibility include price negotiation, planning, production, inventory control and quality control , enhance customer satisfaction.

Responsibilities

Operational

• Manage of purchasing information and systems, and review commodity strategy with the management team.
• Forecast price and market trends to identify changes of balance in buyer - supplier power.
• Search for new potential suppliers. Develop and set up a supplier data base including agree terms, and negotiate supply agreements where appropriate, including discount structures and volume rebates.
• Sending RFQ, Collecting Quotes, analysis of the quotes, preparation of comparison and finalization of vendor
• Attending to all calls and follow up all the enquiries to receive proposals.
• Negotiate and set up frame contracts in system (LTPA).Finalize and maintain rate cards with vendors for all major frequent purchases (Goods) to ease smooth operations.
• Effective & initiative-taking liaison with other departments as necessary to forecast, plan to meet purchase deadline to bundling of demands for necessary.
• Continually improve purchasing methods and drive down external spend.
• To conduct a comprehensive review of the Purchasing function and its methodology and identify and implement improvements, new technologies etc to optimize the spend
• Attends conferences to meet potential new suppliers and glean insight from other professionals in the purchasing field.
• Monitor and forecast upcoming levels of demand
• Assist in preparing Spend Analysis and related various reports
• Data analytics to provide interactive visualizations and business intelligence capabilities.
• Preparation of contract agreements (LTPA, Subcontracts, AMC ,manpower etc) after finalization of order including negotiation of terms & conditions
• Understand the needs of the new project formulate material and service delivery plan as per requirement and deadlines and finalization of all requirements
• Regularly update operation department on the progress of mobilization and follow for Indents and requirements.

Product/ Process Improvement

• Continuously perform Market research by Factory & industry visit, attend Webinar seminars, identify, and meet new potential suppliers and products and to identify areas of improvement to continually drive performance.
• Assist in Supplier Performance Management & Evaluation
• Evaluate supplier's performance based on Cost, Quality of Goods/Service, Competency, Consistency
• Negotiate with vendors to increase credit days.
• Administration and reporting as necessary

Qualifications

Qualifications

• Bachelors Degree

Knowledge and Skills

• Good Negotiation skills
• Vendor Management.
• Knowledge in ERP systems like Procurement FMS , Xpedeon System, D365
• Transparency & Honesty.
• Problem Solving
• Decision making

Experience

• 8-10 Years of Experience in Procurement.