Sourcing of equipment

Market analysis and supplier assessment
PR with technical specifications acts as input
Find potential bidders in association with ME
Float RFQ and get quotations
Conduct auctions and enter negotiations for price reduction & achieving good credit periods
drive the procurement strategies to meet cost savings targets.
Study rate benchmarks and T&C of earlier purchases
Create commercial comparison sheet
Get commercial approval as per DOA
Award Pos and contracts
Ensure the milestone progress (DAP, FAT, Delivery, Installation & commissioning)

Letter of credits

Coordinate with corporate finance for establishment of LC for payment to abroad vendors

Tax benefit schemes (EPCG/IGCR/CEPA) & Freight

Coordinate with corporate IDT & corporate logistics team to evaluate the coverage of capital import goods under EPCG license
Coordination for obtaining EPCG license & clearing machines under EPCG to enjoy duty waiver
Provide packaging dimensions & shipper details to corporate logistics for arranging the equipment transport
New vendor identification
With the help of ME team identify new vendors for different types of SPMs

Monthly MIS PPT to management

Create Purchasing performance report & calculate savings in cost of financing due to credit period extension

Query resolution / coordination

Assist plant purchase team for their daily issues, supplier related issues and SAP system related issues
Identify Process Improvement Projects

Establish Standard operating Procedures .

Sr. Category Buyer (Indirect Purchase)