Manager/Senior Manager-Procurement

Assurance Intl Ltd.; Gurugram District; On-site; INR 6,628,787 - 8,522,727; Full time

Job summary

Assurance Intl Ltd. is looking for a procurement specialist to manage sourcing activities related to automotive lubricants and parts. The role requires 8-12 years of experience in procurement within the automotive industry, focusing on supplier relationship management and cost optimization. A Bachelor's degree in Supply Chain Management or related fields is preferred, with a Master's degree being an advantage. The position involves strategic sourcing, quality assurance, and cross-functional collaboration to enhance efficiency and drive improvements.

Qualifications

• 8-12 years of relevant experience in sourcing or procurement roles.
• Proven experience in the automotive industry, particularly with battery components.
• Strong negotiation skills and ability to manage supplier relationships.

Responsibilities

• Develop and implement sourcing strategies for automotive components.
• Maintain strong relationships with suppliers and negotiate contracts.
• Evaluate supplier performance to optimize costs and ensure quality standards.
• Collaborate with Quality Assurance teams to enforce quality standards.
• Identify and mitigate supply chain risks to ensure continuity.
• Work with cross-functional teams to align sourcing with production.

Skills

Supplier Relationship Management

Negotiation

Cost Optimization

Quality Assurance

Risk Management

Cross Functional Collaboration

Process Improvement

Education

Bachelor's degree in Supply Chain Management, Business Administration, or Engineering

Master's degree preferred

Job description

To oversee the sourcing and procurement activities related to automotive lubricants/battery/filters/auto parts components and materials,ensuretimelyand cost-effective acquisition whilemaintaininghigh quality standards

Principle Accountabilities

• Strategic Sourcing: Develop and implement sourcing strategies to secure the best suppliers for automotive, Inverter battery and Lubricants.
• Supplier Relationship Management: Cultivate and maintain strong relationships with existing and potential suppliers. Negotiate contracts and agreements to secure favorable terms and conditions while ensuring compliance with quality and regulatory standards.
• Cost Optimization: Continuously evaluate supplier performance and market conditions to identify opportunities for cost reduction and optimization. Implement initiatives to improve efficiency and drive down procurement costs without compromising quality.
• Quality Assurance: Collaborate with Quality Assurance teams to establish and enforce rigorous quality standards for automotive battery components and Lubricants. Conduct regular audits and assessments to ensure compliance with specifications and industry regulations.
• Supply Chain Risk Management: Proactively identify and mitigate supply chain risks, such as material shortages, price fluctuations, and geopolitical factors (If any). Develop contingency plans to maintain continuity of supply and minimize disruptions.
• Cross Functional Collaboration: Work closely with cross-functional teams, including Technical/Product Development, Manufacturing, and Logistics, to align sourcing activities with production schedules and product development initiatives. Provide procurement insights and support to drive strategic decision-making.
• Continuous Improvement: Lead initiatives to streamline procurement processes, enhance supplier performance, and optimize inventory management practices. Drive a culture of continuous improvement and innovation within the sourcing and procurement function.

Skills and Knowledge

• 8-12 years’ relevant experience
• Proven experience in sourcing or procurement roles within the automotive industry, with specific expertise in automotive battery components preferred.
• Bachelor's degree in any discipline but preferred Supply Chain Management, Business Administration, Engineering, or a relatedfield. Master's degree preferred