Technical Buyer
ELGI Equipments · Coimbatore · onsite · Posted 26d ago
About a minute. You'll make an account on the way through.
About this role
Purpose :
The role holder is individual contributor responsible for driving and executing Sourcing and Cost Reduction strategies to optimize supply chain operations and achieve cost efficiencies. This role involves managing supplier relationships, sourcing activities, and ensuring that sourcing practices align with organizational goals and industry best practices. The role holder contributes to strategic sourcing initiatives, enhances supplier performance, and supports global procurement processes, thereby ensuring the company's competitive edge and operational excellence in a dynamic market environment.
- Process Improvement
Drive continuous improvement in sourcing processes, identifying and implementing best practices and process enhancements to increase sourcing efficiency and effectiveness
- Strategy Development
Develop and implement comprehensive Sourcing strategies on Supplier development and Cost management initiatives that are aligned with the company's strategic objectives and operational needs
- Supplier empanelment
New supplier induction and development to expand the supplier base and ensure a robust supply chain.
- Supplier Selection and Qualification
Provide inputs for supplier selection and qualification processes, evaluating potential suppliers based on capabilities, quality, cost, and reliability
- Cross-functional Collaboration
Coordinate with cross-functional teams to align sourcing activities with operational requirements and project goals
- Compliance and Quality Assurance
Adhere to sourcing policies and procedures, ensuring compliance with organizational standards and industry regulations
- Budgeting
Support in Zero Base Costing (ZBC) of parts for cost reduction and process optimization.
- Documentation Management
Manage and maintain sourcing documentation, including supplier contracts, agreements, and performance reports
Sourced from naukri
Skills
About ELGI Equipments

ELGI Equipments
Industrial Machinery
1.3k+
employees
1960
66 years old
Coimbatore, Tamil Nadu
IN
₹10.1L PA avg
Avg at ELGI Equipments
About
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Employee ratings
10 reviews
Culture
3.7
Career growth
3.3
Work-life
3.8
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