Lead, Vendor Development, Purchase, SciTech Centre

ACG World; Mumbai; On-site; INR 550,000 - 900,000; Full time

Job summary

ACG World, based in Mumbai, India, seeks a procurement professional to manage vendor development, negotiate terms, and optimize material sourcing for pharma machinery parts. You will evaluate vendors, monitor costs, and ensure timely supply while maintaining design intent and quality standards.

The role emphasizes cross-functional collaboration with design, quality, and finance to drive value through cost reduction and reliable vendor performance.

Qualifications

• Experience in vendor development and procurement of components/parts.
• Strong negotiation skills and cost-reduction focus.
• Knowledge of SAP MM or similar ERP for procurement processes.

Responsibilities

• Ensure material availability and engage in vendor negotiations for critical items.
• Negotiate terms, quotes, and ensure competitive pricing and delivery.
• Coordinate vendor evaluation and maintain procurement documentation.
• Monitor procurement spend and identify cost-reduction opportunities.
• Collaborate with design and quality teams to align on specs and audit incoming parts.

Skills

Vendor development

Negotiation

Procurement

Cost reduction

Sourcing

Education

Bachelor’s degree in Supply Chain/Procurement

Tools

SAP MM

ERP systems

Job description

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Lead, Vendor Development, Purchase, SciTech Centre

• Ensures availability of material/Vendor parts/sub-assembly parts with the activity line; gets involved in negotiations with vendors/suppliers typically for critical items, Machining, fabrication, particularly pharma machinery parts development (Class A, B).
• Looks to optimize within the budget allocated for the activity line through negotiations and new sources of material suppliers
• Follows SOPs and protocols such as vendor evaluation, commercial terms etc.; floats enquiries and examines quotes for technical and commercial viability for different items in order to buy material at competitive price
• Forwards request for high value/volume items to the level above
• Floats quotations for technical and commercial viability for different items and evaluates, negotiates vendors based on the protocols set
• Manufacturing processPlanningfor developmentof new components.
• Estimation of Cost and Time for Development Components.
• Negotiation with Vendors and rate finalization.
• Data sheet preparation and verification of PO prepared and its details. Maintains and updates databases of all the statutory documentation from the vendors/suppliers
• Looks for new vendors as per the requirement of design team, Provides inputs on cost reduction strategies for Vendor parts.
• Keeps track of status of the list of Vendor parts, Follows-up with vendors for timely supply of material.
• Speedy developmentof new components at minimum cost and conforming to the design intent.
• Co-ordinates with the Quality for audit of the incoming parts; Collates feedback on vendors through factory personnel and provides inputs to the seniors

Improvements

• Monitors purchase expenditure for the activity line and shares inputs with the level above on improving both, quality and cost.
• Looks for new sources of material in both international and local markets and shares any leads with the level above

Advanced understanding of :

• Product related characteristics relevant for material and Parts purchase within the activity line to be able to assess vendor/supplier on the incoming material against user specifications
• Advanced negotiation skills and business acumen to be able to negotiate on terms and conditions on critical items
• Knowledge of SAP MM Module for Monitoring Procurement Process against project requirement.