End-to-end supply management of respective category Materials within parameters of targeted cost, quality and time, while participating in category management activities as directed by the Procurement Lead.

Formulate the respective category Procurement Strategy
Track supply market dynamics and global trends in the respective category of Direct items
Understand the likely impact on sourcing operations in the immediate and medium term
Conduct ongoing supply market analysis
Develop detailed supply market profile of all materials under his/her control
Provide inputs for formulation of Procurement Strategy for category under his/her control including:
Vendors
Pricing/ Cost
Contractual Relationships
Lead Time
Inventory Levels etc.

2 Guide Buyer/Senior Buyer in Undertaking respective Category Management related activities like:

Undertake category portfolio analysis, and classify items into bottleneck, strategic, routine, leverage etc.
Prepare internal cost estimates (ICE)
Consolidate / optimize category-wise spend across the Organization
Explore alternative sources of procurement
Standardize contract templates and SLAs and obtain approvals

3 Provide inputs for Annual Procurement Planning & Budgeting

Conduct annual requirement planning of respective category of Direct items, based on Annual business Plan
Provide pricing inputs for development of an Annual Procurement Budget
Prepare a basis for the pricing inputs by conducting ongoing category market analysis
Review the approved Budget and make necessary changes in the respective Annual Materials Plan
Analyze spend vs budget on a regular basis to capture variations, and develop actions plans to bring spend under control, if required

4 Undertake activities for sourcing events, vendor identification, technical and commercial negotiation and vendor selection

5 Manage timely delivery of procured Direct items

Address any issues regarding delivery management, timely receipt, quantity, quality etc.

6 Monitor procurement dashboards for delivering targeted operational performance levels

Constantly monitor the dashboards prepared by the Operations Centre regarding the end-to-end supply management of respective category of items
Keep track of vendor portfolio management, and prepare a case for change required, if any
Constantly monitor Quality Reports (prepared by site QA teams) and take immediate necessary action with vendors in case of quality issues and rejection of items
In case of rejections, adjust orders and delivery schedules with respect to other vendors

7 Develop and manage vendor relationships for the respective category

Manage positive vendor relationships at the working level
Engage with vendors on a regular basis to share organizational requirements and understand their constraints
Implement specific programs for cost reduction & quality control for vendors
Monitor & report vendor performance and compliance with respect to contracted SLAs
Consolidate vendor base and institute powerful vendor development processes
Uphold ethical values in procurement dealings and operations in line with the corporate values

8 Use technology extensively to increase efficiency & control costs

Use the SAP system optimally to drive efficiency and cost optimization in the entire procure-to-pay transaction process
Focus on usage of technological tools like e # auction and reverse auction to improve efficiency, bring down costs and improve transparency

9 Liaison between procurement group and other departments

Ensure real time visibility to the plants/ sites on material availability status
Liaise with COE group, plants and businesses for harmonious implementation of initiatives
Liaise with the taxation departments (EXIM, Customs etc.) and provide necessary documents required for licenses obtaining, BoE preparation etc.
Coordinate with the Trade Finance group in businesses for preparation of LCs

10 Facilitate people development

Build and develop team with experience in the field of respective category procurement
Build commercial intelligence within the team
Motivate Procurement Analysts to perform better & take up higher responsibilities
Monitor their performance on a constant basis, and counsel them as required

Buying Mgr. - Elastomers