Buying Professional

Educational Qualification:

• Diploma / Degree in Mechanical / Electrical Engineering
• 8-10 years of experience of working in Vendor Development / Procurement
• Communication :
• Proficient in English & Hindi languages
• Excellent communication and conflict management skills
• Firm believer in collaboration with relevant stakeholders including suppliers and customers.
• Trainings:
• Internal / Lead Auditor in ISO 14001:2015 & ISO 45001:2018 (Preferred)
• Trained in ISO 17025:2017 (Preferred)

Experience :

• Procurement of components needed to build Electromagnetic Flowmeters
• Procurement of commodities such as rubber, plastic, paint-resin-hardener, coils, small castings & machined parts.
• Supplier diversification by developing Tier based suppliers
• Rate Contract management with Suppliers
• Independently handle negotiations with suppliers
• Sourcing of polyster based components
• Use of data analytics for sourcing
• Experience in negotiating 'Production Equipment' (Preferred).

Roles & Responsibilities:

• Establish local supply chain for magnetic flow metering production by active supplier scouting, technical assessments / auditing and supplier development.
• Build the appropriate supply chain by making the right supplier selections, offshoring or onshoring decisions and applying make or buy.
• Prepare and conduct local sourcing decisions with cross-functional partners, aligned to global material field strategies.
• Conduct local supplier benchmarks und conduct supplier negotiations (e.g. price agreements, terms & conditions of supply, frame contracts)
• Identify local supply chain risks, opportunities and market forces to avoid potential damage/ exploit potential opportunities
• Ensure early Procurement involvement, compliant sourcing and Procurement processes
• Implement globally aligned Commodity strategies to ensure long-term, cost-efficient supply of materials.
• Actively contribute to the product development / manufacturing process as well as implement cost reduction measures.
• Establish transparency in cost and value of supplied components and contribute by improvement proposals to support PLM in Target Costing, R&D/Engineering in Design to Value or SCM in Supply Chain Resilience.
• Forward systematically all relevant Procurement related project information (e.g. updated contractual conditions, Supplier Management data) to keep all project participants up to date.
• Contribute with your expertise related to rubber, metal, flanges, copper and piping as key commodities for flow metering
• Independently handle vendor negotiations
• Development of Supply chain as per Just in time model
• Achieve cost reduction by encouraging suppliers to contribute towards innovation