Buying Mgr. - Elastomers

Reliance Industries Limited


Date: 22 hours ago
City: Navi Mumbai, Maharashtra
Contract type: Full time
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
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