Manager Strategic Purchase

Designation: Manager Strategic Purchase
Location: Alex Machine Tools Pvt Ltd, Mumbai
Position Reports to: Directors
Positions Reporting to Manager Procurement: Purchase Engineers.

Basic job description
Plan, direct, organize, coordinate & control the entire strategic procurement activities to ensure increase in profit by reducing input Material cost.

Duties and Responsibilities

• Conduct research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality
• Developing, leading and executing purchasing strategies
• Tracking and reporting key functional metrics to reduce expenses and improve profits
• Crafting negotiation strategies and closing deals with optimal terms
• Forecast price and market trends to identify changes of balance in buyer-supplier power
• Perform cost and scenario analysis, and benchmarking
• Assess, manage and mitigate risks
• Monitor and forecast upcoming levels of demand
• Build and maintain good relationships with new and existing suppliers
• Negotiate and agree contracts, monitoring the quality of goods provided.
• Develop strategies to make sure that cost savings and supplier performance targets are met – or exceeded
• Forecast price trends and their impact on future activities
• Development of New Vendors, vendor evaluation & rating.
• Plan, Develop & Implement cost reduction strategies.
• Report the performances regularly and accurately, together with other matters of importance, to the Top Management in prescribed MIS format.
• To assist Top management in various areas as per requirement.

Competence Profile
Education: B.E. Mech/prod
PG in materials management preferred
Experience: 8 to 10years

Specialized knowledge

• Proven work experience as a Procurement manager.
• Plan & develop vendor network.
• Must be expert in strategic cost reduction.
• Excellent in costing
• Excellent negotiation skills
• Analytical skills with a problem-solving attitude.

Personal Attributes

• Possess excellent verbal & written communication skills.
• Possess good negotiation skills
• Familiarity with MS Office
• Availability to travel as needed.