Supply Chain Engineer

Virya Electric Powertrains; Bengaluru; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Virya Electric Powertrains in Bengaluru is seeking a strategic procurement professional to shape supply chain, purchasing strategies, and supplier relationships. You will partner with sales, production, and engineering to align procurement with company goals and implement lean processes.

You will lead contract management, demand forecasting, inventory optimization, and logistics collaboration to drive cost savings and risk mitigation across the supply base.

Responsibilities

• Develop and implement supplychain and purchasing strategies aligned with the organization's overall objectives.
• Analyse market trends, demand patterns, and supplier capabilities to optimize procurement strategies.
• Collaborate with cross-functional teams to define procurement requirements andestablish long-term supplier relationships.
• Manage and ensure Generalpurchase agreements, Tool agreement and Supply agreement are in place.
• Manage contracts with suppliers, including negotiation with approval of Top management, its renewal, and performance evaluation.
• Ensure compliance with contractual terms and conditions, legal requirements, and ethical standards.
• Resolve contract disputes and issues in a timely and professional manner.
• Manage relationships with key suppliers, execute contract as per agreed contract, and ensure compliance with terms and conditions.
• Monitor supplier performance, conduct periodic reviews, and implement improvement initiatives.
• Identify alternative suppliers and evaluate their capabilities to ensure a robust supply base.
• Develop and implement procurement policies, procedures, and guidelines to streamline operations.
• Lead the procurement processfor purchase order management, scheduling and material inward.
• Monitor procurement activities, ensure adherence to budgets, and manage cost-saving initiatives.
• Collaborate with sales and production teams to develop accurate demand forecasts.
• Work closelywith suppliers to communicate anticipated demand, ensuring alignment with production schedules and inventory levels.
• Optimize inventorylevels to minimizestock-outs and excess inventory.
• Implement inventorymanagement strategies, such as safety stock levelsand just-in-time (JIT) inventory systems.
• Conduct regularinventory audits to identify discrepancies and implement corrective actions to maintain data accuracy.
• Manage relationships with logistics service providers and negotiate favourableterms.
• Optimize freight forwarding, customsclearance, and warehousing processes.
• Identify potentialrisks in the supply chain and develop mitigation strategies.
• Monitor and assess supplier risks, including financial stability, geopolitical factors, and natural disasters.
• Implement contingency plans to minimize disruptions in the supply chain.
• Identify opportunities for process improvements and cost savingsin the supply chain and purchasing functions.
• Lead cross-functional teams in implementing lean methodologies and best practices.
• Conduct regularperformance reviews and implement corrective actions to enhance efficiency and effectiveness.
• Conduct trainingand development programsto enhance the skills and knowledge of team members.

Job description

Strategic Planning:

• Develop and implement supplychain and purchasing strategies aligned with the organization's overall objectives.
• Analyse market trends, demand patterns, and supplier capabilities to optimize procurement strategies.
• Collaborate with cross-functional teams to define procurement requirements andestablish long-term supplier relationships.

Contract Management:

• Manage and ensure Generalpurchase agreements, Tool agreement and Supply agreement are in place.
• Manage contracts with suppliers, including negotiation with approval of Top management, its renewal, and performance evaluation.
• Ensure compliance with contractual terms and conditions, legal requirements, and ethical standards.
• Resolve contract disputes and issues in a timely and professional manner.
• Manage relationships with key suppliers, execute contract as per agreed contract, and ensure compliance with terms and conditions.
• Monitor supplier performance, conduct periodic reviews, and implement improvement initiatives.
• Identify alternative suppliers and evaluate their capabilities to ensure a robust supply base.

Procurement Operations:

• Develop and implement procurement policies, procedures, and guidelines to streamline operations.
• Lead the procurement processfor purchase order management, scheduling and material inward.
• Monitor procurement activities, ensure adherence to budgets, and manage cost-saving initiatives.

Demand Forecasting:

• Collaborate with sales and production teams to develop accurate demand forecasts.
• Work closelywith suppliers to communicate anticipated demand, ensuring alignment with production schedules and inventory levels.

Inventory Management:

• Optimize inventorylevels to minimizestock-outs and excess inventory.
• Implement inventorymanagement strategies, such as safety stock levelsand just-in-time (JIT) inventory systems.
• Conduct regularinventory audits to identify discrepancies and implement corrective actions to maintain data accuracy.

Logistics and Distribution:

• Manage relationships with logistics service providers and negotiate favourableterms.
• Optimize freight forwarding, customsclearance, and warehousing processes.
• Identify potentialrisks in the supply chain and develop mitigation strategies.
• Monitor and assess supplier risks, including financial stability, geopolitical factors, and natural disasters.
• Implement contingency plans to minimize disruptions in the supply chain.
• Identify opportunities for process improvements and cost savingsin the supply chain and purchasing functions.
• Lead cross-functional teams in implementing lean methodologies and best practices.
• Conduct regularperformance reviews and implement corrective actions to enhance efficiency and effectiveness.
• Conduct trainingand development programsto enhance the skills and knowledge of team members.