Sr Manager – Purchase

Position Summary with Job Responsibilities

Sr Manager – Purchase will work with the relevant teams to award the portfolio of contracts in order to maximize added value from 3rd Party Goods and Services and achieve business objectives in a timely manner within TML procurement procedures.

Job Responsiblities

• Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models

• Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process

• Review SOR on Technical specifications in order to shortlist vendors

• Review tech specification/ drawing shared by Product development for a particular commodity

• Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ. 

• Analyse quotation received for RFQ. 

• Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process

• Propose a shortlist of most suitable vendors after negotiation

• Recommend SOB for vendors as per organizations long term sourcing strategy

• Obtain internal approval for vendor finalization through sourcing council and release PO

• Monitor and Review financial health, operations, IR health, etc. of the suppliers for long term sustainability

• Identify vendors which can be groomed as long term partners for TML

• Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers

• EVI (Early Vendor Involvement) – develop vendors for critical long lead time items

• Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SC for identified commodity 

• Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors

• Collaborate with ERC on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement. Work along with vendors to get optimal advantage

• Compare current part with the Proposed change and review the commercial impact

• Release of RFQ for the shortlisted list of vendor

• Track market commodity prices for costing references 

• Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix

• Ensure amendment of Purchase orders on the revised pricing

Education

BE/B Tech

Work Experience

3-9 years

Tata Motors Leadership Competencies

Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectationsDeveloping Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excelDriving Execution - Translating strategy into action and executionLeading by Example - Encouraging and following ethical standardsLeading Change - Recognizing the need for change, initiating and adapting to changeMotivating Self and Others - Inspiring teams and individuals

Functional Competencies

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