Founder at Vyas Consultants
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Procurement Head - Vendor Management (15-20 yrs)
Job Description :
Leading the procurement team for raw material, engineering, packing material sourcing at the most competitive rates. The role is responsible for driving profitability by developing multiple vendors for each Raw Material, ensuring competitive price and maintain quality standards.
The key responsibilities are :
1. Raw Material Procurement : Develop different sources of RM procurement; identify the manufacturers and develop relationships; Should understand the supplier's business and their ingredients; Rate the suppliers on the various parameters - financial and manufacturing capacity. High Volume Oleo Chemicals
2. International Market tracking : Global Supplier tracking, exchange information globally to ascertain reliability& pricing and identify the RM to be imported, track pricing of Oil, Petrol, Metal especially lead. The volatility of these have direct impact on pricing. Decide the procurement volume and schedule based on the trend and market sentiments.
3. Vendor Development : Identify Small Vendors national and international who have potential and develop them with technical know-how and ensure they become reliable suppliers. Visit various exhibitions and events and identify potential vendors
4. Supplier's network management : In case of problem with regular suppliers, other suppliers have to be used. To ensure continuity, maintain a network pool of suppliers for each of the RMs. Keep in touch continuously, and keep track of the manufacturing, upgradation, capacity enhancements, adoption of new technology that they have engaged in
5. Indirect Purchase & Store Management.
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