Search by job, company or skills

Supply Chain Management - LTSSHF

Supply Chain Management - LTSSHF

Larsen & Toubro
Fresher
Not Disclosed
Early Applicant
  • Posted 9 hours ago
  • Be among the first 10 applicants

Job Description

Handling of Contracts – Manpower & Job Work

(Portfolio Value: 27 Crore)

  • Issue of Contracts
  • Preparation and issuance of manpower and job work contracts in line with approved scope, rates, and commercial terms.
  • Coordination with user departments, IR, finance, and HR to ensure contractual correctness.
  • Verification of:

oScope of work (SOW)

oContract tenure and extensions

oRate structures and escalation clauses

oStatutory and compliance requirements

  • Ensuring timely contract issuance to avoid operational disruptions.

________________________________________

  • Contract Amendments
  • Handling contract amendments arising due to:

oChange in scope or quantities

oRate revisions

oTenure extensions

oStatutory changes

  • Ensuring all amendments are:

oReviewed, approved, and documented

oDigitally and physically archived

oCommunicated to all stakeholders

________________________________________

  • Performance Feedback – VPRS
  • Monitoring contractor performance through VPRS (Vendor Performance Rating System).
  • Collection and consolidation of performance inputs from:

oUser departments

oSafety

oQuality and compliance teams

oIR

  • Evaluation parameters include:

oManpower availability and productivity

oJob work quality and turnaround time

oSafety adherence and discipline

oCompliance behaviour

  • Sharing performance feedback with contractors and initiating corrective actions where required.

________________________________________

  • Grievances & Compliance
  • Addressing contractor grievances related to:

oBilling and payments

oDeployment issues

oWork conditions and coordination

  • Ensuring full compliance with:

oLabour laws (PF, ESI, minimum wages, bonus, etc.)

oStatutory documentation and renewals

oCompany EHS policies

  • Coordination with IR, finance, and compliance teams to resolve issues proactively.
  • Supporting internal and external audits related to manpower and job work contracts.

________________________________________

  • Overall Control & Governance
  • End-to-end control of manpower and job work contracts with focus on:

oCost optimization

oRisk mitigation

oCompliance assurance

  • Maintaining contract records, trackers, and MIS for management review.
  • Supporting strategic decisions related to contractor consolidation, renewal, or exit.

________________________________________

Handling of Consumables

(Annual Procurement Value: 25 Crore)

  • RFQ (Request for Quotation)
  • Preparation and floating of RFQs for consumables based on:

oApproved BOM / consumption norms

oTechnical specifications and quality requirements

oDemand forecasts and inventory policies

  • Identification and communication with approved and potential suppliers.
  • Ensuring competitive sourcing while adhering to procurement timelines.

________________________________________

  • BID TAB (Bid Tabulation & Commercial Evaluation)
  • Comparative analysis of received quotations through Bid Tabulation (BID TAB).
  • Evaluation parameters include:

oPrice competitiveness

oDelivery lead time

oPayment terms

oQuality consistency and past performance

  • Coordination with technical/user departments for techno-commercial evaluation.
  • Recommendation of best-value supplier through transparent and auditable processes.

________________________________________

  • Approval Process
  • Ensuring statutory and internal approvals as per DOA (Delegation of Authority).
  • Alignment with finance, management, and budget controls.
  • Maintaining complete documentation to support audit and compliance requirements.

________________________________________

  • Purchase Order (PO) Issuance
  • Timely issuance of Purchase Orders with defined:

oSpecifications

oQuantity and delivery schedules

oPrice and tax structure

oTerms & conditions

  • Ensuring PO accuracy to prevent disputes, rework, or supply delays.
  • Maintaining PO records and system updates for traceability.

________________________________________

  • Delivery Chase-Up
  • Proactive follow-up with suppliers to ensure on-time deliveries.
  • Coordination with stores and production teams to align deliveries with consumption.
  • Mitigation of risks related to:

oDelayed supplies

oProduction stoppages

oEmergency purchases

________________________________________

  • Supplier Performance Record
  • Monitoring and maintaining supplier performance metrics, including:

oOn-time delivery (OTD)

oQuality acceptance rate

oResponsiveness and service levels

  • Periodic performance reviews and corrective action implementation.
  • Input to supplier continuation, development, or rationalization decisions.

________________________________________

  • Application of DBM (Dynamic Buffer Management)
  • Implementation of Dynamic Buffer Management (DBM) to:

oOptimize inventory levels

oReduce excess stock and obsolescence

oImprove service levels

  • Continuous monitoring of consumption trends and buffer adjustments.

________________________________________

  • Application of VMI (Vendor Managed Inventory)
  • Implementation and monitoring of VMI models for selected high-consumption or critical consumables.
  • Defining VMI parameters such as:

oMinimum and maximum stock levels

oReplenishment triggers

oConsumption visibility

  • Reduction of working capital and improvement in material availability.

________________________________________

  • Source Development
  • Identification and development of new and alternate suppliers to:

oReduce dependency risks

oImprove competitiveness

oEnhance supply continuity

  • Supplier onboarding including:

oTechnical assessment

oQuality validation

oCommercial negotiation

  • Supporting localization and cost optimization initiatives.

________________________________________

  • Overall Procurement Control & Governance
  • End-to-end ownership of consumable procurement with focus on:

oCost optimization

oSupply assurance

oInventory optimization

oCompliance and audit readiness

  • Maintenance of MIS, trackers, and dashboards for management review.
  • Continuous improvement initiatives aligned with operational excellence.

More Info

Job Type:
Industry:
Employment Type:

Key Skills

Bid Tabulation (BID TAB)

Dynamic Buffer Management (DBM)

Purchase Order (PO) Issuance

About Company