Manager - Strategic Procurement
Job Description
A. Job Purpose
• Develop and execute strategic procurement strategies customized for aircraft BFE and and other contracts aligning closely with Air India's overarching business goals.
• Take charge of negotiation processes and oversee contract management.
• Lead and participate in initiatives aimed at optimizing costs without compromising on quality or regulatory compliance within the strategic procurement domain.
• Cultivate strong relationships with key stakeholders within the aviation sector to identify and capitalize on opportunities for strategic partnerships and collaborations.
• Perform the evaluation of suppliers and vendorsto ensure their alignment with Air India's standards and requirements in the context of aircraft procurement.
• Keep abreast of industry dynamics, market shifts, and regulatory updates to proactively identify potential risks and opportunities.
B. Key Accountabilities
Strategic Procurement Strategy:
• Implement strategic procurement plans tailored for strategic procurement in alignment with Air India's business objectives.
• Identify opportunities for cost savings and value optimization within procurement processes.
• Analyze market trends, supplier capabilities, and industry dynamics to inform procurement strategies.
• Stay informed about industry developments and emerging technologies in strategic procurement.
Supplier Management:
• Manage relationships with suppliers sales representatives and contract negotiation teams.
• Collaborate with legal, finance and user department teams to finalize procurement contracts and agreements.
• Monitor supplier performance and address issues related to delivery timelines, quality, and contractual obligations.
• Conduct supplier evaluations and implement improvement initiatives to enhance supplier performance.
Financial Analysis and Negotiation:
• Develop models for supplier and proposal evaluation, conduct research into various competing technologies and products and develop commercial recommendations.
• Benchmark pricing, payment terms, and other commercial terms of suppliers and the market.
• .
Compliance and Risk Management:
• Ensure compliance with regulatory requirements, industry standards, and internal policies governing aircraft procurement.
Any other additional responsibility could be assigned to the role holder from time to time as a standalone project or regular work. The same would be suitably represented in the Primary responsibilities and agreed between the incumbent, reporting officer and HR.
C. Skills/Qualities Required
Strategic Procurement Planning Supplier Relationship Building
Negotiation & Contract Management Regulatory Compliance Assurance
Financial Analysis & Modeling Risk Mitigation Strategy
D. Key Interfaces
Internal Interfaces
Finance Department • Collaboration with tax and finance teams on contract budgets and terms.
Legal Department • Coordination on contract negotiations, legal compliance, and risk mitigation strategies.
User Departments
• Alignment on technical specifications, and user requirements.
External Interfaces
Suppliers
• Relationship management, negotiations, and contract administration for strategic procurement.