AM-Commodity Sourcing Buyer Nexus Manpower Solutions

5.0 - 9.0 years

8 - 10 Lacs

Chennai

Work from Office

Role & responsibilities Perform zero-base costing and Total Cost of Acquisition (TCA) analysis. Identification of new and alternate vendors for cost competitiveness without compensating any quality requirements Coordinating with stakeholders like Project management, Production planning and Cost controlling team on the project Preparation of purchase orders/Long Term Price Agreement with terms & conditions, Annual Price Agreement and related amendments, as/when required Implement and execute local procurement strategies in alignment with global commodity strategies. Manage core commodities, ensuring cost-effectiveness and required quality and delivery, delivering year on year cost reduction. Develop and maintain strong relationships with local suppliers to ensure reliable supply and best value. Collaborate with the Global Procurement and Commodity teams to align local activities with global objectives. Conduct market analysis to identify new sourcing opportunities and mitigate risks. Negotiate contracts and pricing agreements with suppliers to secure best terms. Monitor supplier performance and implement improvement plans as necessary. Preferred candidate profile Strategic sourcing/New vendor development Commodity specialist/Commercial negotiation Buyer/Purchaser/Sub Contracting Knowledge in Domestic & Import trading activities Castings, Machined parts, forging

Posted 1 month ago

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