Sr. Manager (Purchase) Job in Pune at Tata motor

Tata Motor is hiring for the role of Sr. Manager (Purchase)!

Responsibilities of the Candidate:

• Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models    
• Identify vendors with advanced technology, prepare business plans and validation of vendors and initiate vendor empanelment process
• Review SOR on Technical specifications to shortlist vendors
• Review tech specifications/drawings shared by Product development for a particular commodity     
• Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ. 
• Analyse the quotation received for RFQ. 
• Prepare Cost Estimate for parts as per TML Standard Cost Estimation Process
• Propose a shortlist of the most suitable vendors after negotiation
• Recommend SOB for vendors as per the organizations long-term sourcing strategy    
• Obtain internal approval for vendor finalization through the sourcing council and release the PO
• Monitor and Review the financial health, operations, IR health, etc. of the suppliers for long-term sustainability    
• Identify vendors that can be groomed as long-term partners for TML        
• 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 the 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

Requirements:

• Education: BE/B Tech
• 3 to 9 years of Experience