Buyer Capex- Equipments (Mechanical)- On third party payroll

Job Purpose-

Will be responsible for handling procurement activities related to Equipments for API & Formulation plants. Follow strategic sourcing process through, industry benchmarking and cost leadership for local & oversea plants. This Role ensures that all procurement processes are carried out efficiently and ensure Audit compliance with organizational policies/ internal SOP and industry regulations. Procurement which includes CER PO and PR-PO processing, OTIF, to ensure unconstrained & uninterrupted Supply and Service. Buyer to work closely with vendors and internal teams to secure materials, services and contracts necessary for successful project execution.

Key Responsibilities-

I. Establishing best-in-class sourcing strategies for Capex Procurement Categories (Items related to Equipments supply and services).

• Float RFQ, prepare comparative statements, ensure approval as per DOA & follow up for deliveries.

II. Long-term contracts & Savings & Target

• Identify opportunities for Long-term contracts

• Continuous endeavour for cost reduction and achieving savings as per guidelines.

• Performance measures against goal / targets

III. Resolution of transactional issues

• Resolve issues related to local taxes, withholding taxes etc. involves interaction with CFTs like finance and taxation

• Interaction with vendors & finance for resolving any payment-related issues.

IV. De-Risking & Business Continuity plans

• Anticipate cost escalations and materials/service unavailability and implement the required strategy to ensure the least business risk.

• Continuous Engagement with the CFT team for timely execution of alternate vendor development wherever possible.

V. Build & nurture strategic relations with key vendors to ensure preferential treatment toCipla in terms of technical assistance, pricing & delivery of materials

• Regularly connect with vendors to ensure correct exchange of information and continuously share their performance and our expectations.

• Providing Vendors, with the upcoming requirement for their proper planning.

VI. Stakeholder Management

• Engage with internal stakeholders including finance, Production, Engineering, Logistics, Import clearance etc. for issue resolutions and ensure concerns are addressed with proper resolution.

• Sustainability Activities as per EHS & CS team guidelines

VII. Site and Vendor Visits

• Field visits (own sites/ vendor sites) if required