Project Execution- MEP Purchase | Godrej Interio

Godrej Interio

Godrej Interio is Indias premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing and retail. With presence in over 430 cities with 52 company owned stores and over 800 dealers, Godrej Interio is one of the largest business of Godrej and Boyce Mfg. Co. Ltd.
Led by the largest in-house design team in the country in the furniture category and awarded with 34 India Design Mark Awards till date, Godrej Interio aims to transform spaces with its thoughtfully designed furniture to create brighter homes and offices with products that have the highest design quotient in aesthetics, functionality and technology. With consistent pursuit of excellence and a special focus on health and ergonomics, the product portfolio of Godrej Interio comprises a massive range in the home, office and other specialized applications.

The brand boasts of noteworthy awards received so far- CII Exim Bank Award for Business Excellence 2016, Asias most admired brand 2016, Superbrands 2017-18, Readers Digest Most Trusted Brand 2018 Gold (Home Furniture) and Readers Digest Most Trusted Brand 2018 Gold (Modular Kitchens).

Key Result Areas:

1. Working capital management

2. Procurement Strategy

3. Supply Chain Management

4. Vendor & supplier management

Job Description:

The incumbent will be responsible for the following:

1. Working Capital Management - Driving Working capital by improving Vendor Payables.

- Negotiating with the Suppliers and Contractors for better payment terms without affecting the cost.

- Encouraging suppliers to go for Cash discounting/ Vendor Finance scheme (VFS) for immediate payment

2. Procurement Strategy - Revenue

- On time procurement of material as per the procurement plan.

-Keeping track of the status of the order as per flow sheet and release orders based on the project team's requirements

- Actual project margin against budget.

- Surpass the target margin increase of the tendered budget by negotiating with Original Equipment Manufacturer (OEMs), dealers, and local vendors

- Preparing Corrective and Preventive Actions (CAPA) for items with margin lesser than the budgeted margin for future reference

- Keeping track of the updated budget sheet.

- Updating with every order's actual price and Engg. quantities. - Keeping track of negative items separately

3. Supply Chain Management

- Keeping a track/review weekly with Procurement/Project team on the status of the order.

- Releasing orders as per the project team-s requirements and update the flow sheet weekly

- Identifying and empaneling new vendors/labour contractors.

- Studying their past projects, identify strengths/weaknesses, and maintain an updated vendor database zone-wise

- Rating Contract/Rate Card process implementation with selected suppliers and labour contractors for commonly used items

4. Vendor & Supplier Management

- Negotiating directly with Original Equipment Manufacturer (OEMs), dealers, and local vendors from the approved list in the procurement plan to get competitive rates

- Preparing and maintaining International Organization for Standardization (ISO) compliant documents and ensure 100% compliance

- Willingness to travel to project zones to meet and manage vendors/suppliers