Procurement Head/ Sr Supply Chain Manager

ROLE DESCRIPTION


Position Title
Procurement Head / Senior Supply Chain Manager
Purpose of the Position
Manage a Seamless Supply Chain, ensuring availability of Right Quality Materials at Optimal Cost, Reducing Inventory Turn Around time, and ensuring Inventory Control in the company, dveloping new vendors / alternate sourcing to reduce cost


Reporting To
DIRECTOR


KEY RESPONSIBILITIES


1
Develop a strategic plan (upto 2 years) & define the priorities to ensure material availability (within Cost, Quality, timelines)
2
Identify and implement best industry practices in vendor development, procurement and inventory management
3
Prepare annual plan (based on forecasted sales requirements) and break this down into a quarterly and monthly rolling plan.
4
Coordinate with Plant and Sales Dept on a real time basis to update supply chain plan and ensure the materials management is aligned to production and despatch plans.
5
Develop the procurement budget plan as well as the cost reduction plan in line with the targets/ growth objectives.
6
Engage with NPD for identification & management of vendors for specific NPD requirements
7
Identify new vendors and develop vendor base to ensure flexibility and reduce dependency
8
Lead the Vendor negotiation efforts at Muvtons to ensure that procurement is as per defined norms, reduces cost of materials/services and improves quality.
9
Define the performance evaluation criterion for vendors, conduct regular vendor evaluation to renegotiate contracts or discontnue vendors
10
Develop & review norms for Inventory Control, Review Actual Inventory Levlels vis a vis mandated levels in ERP Systems, and MRP, Analyze and reduce Inventory Turnaround Cycle and guide team on action on non-moving items
11
Define internal systems and procedures to ensure functional tasks are carried in the most efficient, cost effective and timely manner in order to achieve objectives covering lead time, handling costs and quality of work




KEY PERFORMANCE INDICATORS


1
Material Availability (Cost /Quality /Timeline /Quantity)
2
Inventory Planning & Control - reduction in Inventory holding cost
3
Procurement Spend Rationalization and Annual Savings Achieved
4
Vendor Management incl. Vendor Evaluation, alternate source creation

Requirements

Requirements

Graduate/Post graduate with 10+ yrs of experience in Procurement (Bearings/Steel Plates/casting/forging/ Auto components etc.), Vendor Development

Knowledge, Skills and personal attributes


Skills
Proven experience of Vendor Management - Identififcation, development and management.

Knowledge of materials viz. steel, alloy steels; forging, casting, assembly (precision assembly in particular) & other plant related functions.

Knowledge and experience of Best in class practices around - Procurement, Inventory Management and use of technology to achieve procurement effectiveness

Track record of having led intiatives to achive improvements (procurement process improvement, vendor rationalization, inventory control), over a period of time and delivered results successfully

Track record of bringing in procurement savings on a consistent and sustainable basis, in line with business objectives.




Personal Attributes
Must be a Strategist and aligned with the Vision of the company to grow 10x over next 5 years, using contributing to operational efficiences by identifying improvements, vendor rationalization, pricing initiatives and other intervention.

Trustworthy with High Integrity and Ethical Work principles

Excellent Communication Skills

Leading by example, of being a Role Model and motivating & building teams. Willing to roll up the sleeve an work with team members to solve problems by sharing expertise.

Must have a Positive Personality while high drive/ hunger to accomplish results

Should be Creative and offering out of the box solutions for issues

SPEED OF EXECUTION shall be a key trait in this role - speed of implementing thoughts and ideas into practical reality will be very important.

Strong analytical and data based decision making capabilities supported with strong commercial acumen.

Strong negotation skills + Influecing and relationship skills

Ability to take APR Absolute Personal Resposibility for his actions or inactions and the results thereof

Benefits

Best In the industry

Requirements Graduate/Post graduate with 10+ yrs of experience in Procurement (Bearings/Steel Plates/casting/forging/ Auto components etc.), Vendor Development Knowledge, Skills and personal attributes Skills Proven experience of Vendor Management - Identififcation, development and management. Knowledge of materials viz. steel, alloy steels; forging, casting, assembly (precision assembly in particular) & other plant related functions. Knowledge and experience of Best in class practices around - Procurement, Inventory Management and use of technology to achieve procurement effectiveness Track record of having led intiatives to achive improvements (procurement process improvement, vendor rationalization, inventory control), over a period of time and delivered results successfully Track record of bringing in procurement savings on a consistent and sustainable basis, in line with business objectives. Personal Attributes Must be a Strategist and aligned with the Vision of the company to grow 10x over next 5 years, using contributing to operational efficiences by identifying improvements, vendor rationalization, pricing initiatives and other intervention. Trustworthy with High Integrity and Ethical Work principles Excellent Communication Skills Leading by example, of being a Role Model and motivating & building teams. Willing to roll up the sleeve an work with team members to solve problems by sharing expertise. Must have a Positive Personality while high drive/ hunger to accomplish results Should be Creative and offering 'out of the box' solutions for issues SPEED OF EXECUTION shall be a key trait in this role - speed of implementing thoughts and ideas into practical reality will be very important. Strong analytical and data based decision making capabilities supported with strong commercial acumen. Strong negotation skills + Influecing and relationship skills Ability to take 'APR' Absolute Personal Resposibility for his actions or inactions and the results thereof