Buyer - SSU Engine Proprietary

Mahindra & Mahindra

  • Mumbai, Maharashtra
  • Permanent
  • Full-time
  • 2 months ago
Responsibilities & Key DeliverablesSupplier Scouting and Industry Mapping:
  • Scout potential suppliers for engine proprietary components.
  • Map industry references to identify leading suppliers and emerging trends.
Supplier Selection and Price Negotiation:
  • Select appropriate suppliers and lead price negotiations to ensure competitive pricing aligned with budgets.
Costing and Product Cost Analysis:
  • Develop cost estimates using predefined templates and update costing models based on market conditions.
Financial Analysis and Risk Assessment:
  • Analyze supplier balance sheets for negotiations and assess financial risks to ensure supply chain stability.
Cost Reduction and Negotiation Strategies:
  • Implement innovative cost-saving strategies and execute plans for achieving cost efficiency.
Negotiation Skills:
  • Leverage strong negotiation skills to secure favorable terms and foster long-term supplier relationships.
Price Containment:
  • Develop strategies to manage and contain prices within cost management objectives.
Supplier Risk Management:
  • Create and execute risk mitigation plans, proactively addressing potential supply chain risks.
Differential Sourcing Strategy:
  • Ensure compliance with processes and ethical standards while driving sourcing differentiation.
Benchmarking Technology and Prices:
  • Conduct industry benchmarking to compare technologies and prices, ensuring competitiveness.
Cross-Functional Team Coordination:
  • Collaborate with cross-functional teams (CFT) and stakeholders to achieve project goals.
Preferred IndustriesAutomobileFarm SectorEducation QualificationBE - Mechanical, Production, Electrical & ElectronicsGeneral Experience2 to 6 yrs experienceCritical ExperienceExperience in Data Analyst role, MIS,Good Communication - buyer Engine proprietarySystem Generated Core SkillsAnalytical ThinkingCommunication SkillsInfluencing SkillsProject Planning & ExecutionRisk AnalysisSupplier SelectionPricingPrice OptimizationSupplier Risk ManagementSourcingStrategic SourcingBenchmarkingSystem Generated Secondary SkillsNegotiationProject ManagementSupplier Management

Mahindra & Mahindra