Responsibilities
- Overall responsibility for Purchasing and Cost Estimating activities across the business
- Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance
- Contribute to overall business strategy and annual budget process
- Take ownership of the purchasing policy, guidelines and any associated documents
- Responsible for managing relationships and negotiating with key suppliers at a senior and strategic level
- Negotiate contract terms with key suppliers to ensure value for money, quality standards and delivery terms with technical and operational input from stakeholders if appropriate
- Craft negotiation strategies and close deals with optimal terms
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Seek and partner with reliable vendors and suppliers
- Input and hold responsibility for Purchasing and cost estimating budgets
- Prepare the annual Purchasing budget and forecasts and all Capital Expenditure proposals as well as ensure compliance with customer and legal requirements. Manage the budget from identification to completion of projects
Qualification & Experience
- BE Mechanical + PG in Materials Management
- 25-30 years’ relevant work experience
- Technical and Commercial knowledge of various casting/forging/machining/fabrication processes and costs related to it
- Experience in purchase, costing, vendor development, warehousing & logistics
- Various raw materials and their standards
- Knowledge of working on SAP
