| Accountabilities |
Major Activities |
Key Performance Indicators |
| Market Intelligence Development |
? Analyzing Markets and Supply/ Demand Dynamics ? Modeling Costs and Prices ? Distilling Market Insights |
? Develop system to ensure the right cost model |
| Maintaining pipeline of Raw Material |
? Effective & proactive liaison with other departments as necessary to forecast, plan to meet purchase and service deadline. ? Timely delivery of goods and execution of service in a cost effective manner to the utmost satisfaction of internal customers. |
? Timely delivery of the raw material |
| Developing Buying Strategy |
? To develop buying strategies which optimize the potential value of the supply markets and the business, ensuring their integration into the overall budget of the project. ? Defining procurement Objectives ? Selecting Options and Performing Risk Analysis ? Reviewing Consistency and Progress |
? Timely procurement of the raw material ? % Improvement in cost of ownership |
| Assist in Buyer Selection |
? Global Vendor Development for existing and new products. ? Reviewing Existing Supplier Base ? Defining Standard Selection Criteria |
? Development of new vendors |
| Vendor Management |
ment ? Ensure timely issuance of purchase orders and supplies ? Monitor delivery schedule & constantly follow up to on site delivery ? Evaluate vendor base in terms of time, cost, quality & delivery ? Ensure timely release of payments as per agreement/ payment terms ? Enrich Level of relationship with Vendors/ Vendor Relationship Management. |
Evaluating Vendor Performance |
| Compliance sustainability and integrity |
? Ensure all activities under his/her control and supervision are compliant with all the laws of land and statutory requirement. ? Conduct all operation of function, ensuring social responsibility & accountabilities by following the company guideline of the same. ? Be responsible for ethical operation under his control. ? Be responsible for prevention, detection and reporting of bribery and other forms of corruption including breach of code of conduct and other company regulation. ? Avoid all such activity that could lead to or imply breach of code of conduct, anti- bribery and anti-corruption etc. ? Knowledge in Taxation practices. |
? 100 % compliance |
