Senior Manager – Purchase Powertrain

Purpose of the Role

This role is responsible to manage end-to-end purchasing activities for the allocated commodity. The position holder is responsible to on-board strategic vendor partners for part category within DMC and capex targets received from product line with a visibility of achieving cost efficiencies by deploying various cost reduction levers.

Job Responsibility

• Strategy Development

Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.

Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process.

Review SOR on Technical specifications to shortlist vendors.

Review tech specification/ drawing shared by Product development for a particular commodity.

Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.

Analyse quotation received for RFQ.

Prepare Cost Estimate for parts as per TMPV Standard Cost Estimation Process.

Propose a shortlist of most suitable vendors after negotiation.

Recommend SOB for vendors as per organizations long term sourcing strategy.

Obtain internal approval for vendor finalization through sourcing council and release PO.

Monitor and review financial health, operations, IR health, etc. of the suppliers for long-term sustainability.

Identify vendors, which can be groomed as long-term partners for TMPV.

Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.

EVI (Early Vendor Involvement) – develop vendors for critical long lead time items.

Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors

Compare current part with the Proposed change and review the commercial impact

Release of RFQ for the shortlisted list of vendors

Ensure amendment of Purchase orders on the revised pricing

• Finance Management

Collaborate with Engineering on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement & Work along with vendors to get optimal advantage

Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SCM for identified commodity

Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix

Track market commodity prices for costing references.

Analysis of POGR and CR – CI reports

Analysis and resolution of audit queries

• People Management

Effective communication and interaction with the stakeholders to ensure proper process and necessary improvements to achieve optimal performance.

Effective networking with all the internal and external stake holders to ensure required support which is crucial to meet deadlines.

Stakeholder Profiles & Nature of Interactions

Internal

Product Lines

Project status, Approvals

Engineering

Technical Specification

SQ (AQ)

Product/Process Quality Assurance

SCM

Supplier performance

Finance

Budgets, payments, and other finance related terms & conditions

External

Suppliers

RFQ, Bidding, Price Settlement

Desired Candidate Profile

Education: Bachelor of Eng., MBA, or other qualifications with relevant experience

Relevant Experience:

Experience of Purchase Process

Experience of Supplier Negotiation

Experience of Should Costing/Zero Based Costing

Understanding & experience of Cost reduction levers

Thorough knowledge of manufacturing and surface protection processes

Understanding of part validation and performance measures

Knowledge of various raw materials and commercial implications

Understanding of TMPV audit guidelines, purchasing agreements

Skills & Competencies

Functional Competencies

Costing skills

Negotiation skills

Financial Acumen

Supplier Relationship Management

Performance Management.

Technical Competencies

Understands technical specification of components and matches the technical side of production equipment / tools - cutting edges, such as drill bits, end mills, and inserts, that remove material through cutting, grinding, or other mechanical processes to produce the desired component.

Know-how of materials - metals, plastics, REM's, and aggregate level understanding

Uses know how of surface finish precision and tolerances to ensure components meet quality standards.

Negotiates agreements (including pricing, delivery, quality, payment terms etc.) with Suppliers.

Understands the properties of different types of plastics and tooling expertize needed.

Understands concepts of sheet metal fabrication processes, including cutting, stamping, bending, welding, and painting

Understands the technical specifications of sheet metal components and the tools used

Able to perform basic checks of precision and durability of tooled plastic components.

Understands the types of rubber like natural, synthetic, rubber compounds and production methods like molding, extrusion, and vulcanization.