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Mahindra & Mahindra Ltd

Buyer – SSU Engine Proprietary

 Location : Mumbai, Maharashtra, India

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Job Description

Responsibilities & Key Deliverables
  • Supplier 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 Industries
Automobile
Farm Sector
Education Qualification
BE – Mechanical, Production, Electrical & Electronics
General Experience
2 to 6 yrs experience
Critical Experience
Experience in Data Analyst role, MIS,
Good Communication – buyer Engine proprietary
System Generated Core Skills
Analytical Thinking
Communication Skills
Influencing Skills
Project Planning & Execution
Risk Analysis
Supplier Selection
Pricing
Price Optimization
Supplier Risk Management
Sourcing
Strategic Sourcing
Benchmarking
System Generated Secondary Skills
Negotiation
Project Management
Supplier Management

Job Segment: Electrical, Engineering

 
Mahindra & Mahindra Ltd
Source : Mahindra & Mahindra Ltd Company website

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