Assist the sourcing of critical contracts in alignment with Category Manager &Contracts Manager guidance
Develop demand profile
Specify sourcing events
Monitor technical & price evaluation
Help Contract Engineer in preparing for negotiation & selection of suppliers for major items
Ensure & review PO generation
Understand requirements for services procurement for the critical items and provide inputs to Contracts Manager in defining overall procurement strategy
Align on timelines and spend planning for the assigned items
Shortlist initial supplier options and time / spend estimates
Oversee preparation of contracts plan
Execute Orders & Coordinate Expediting
Receive purchase requisitions / expiring contracts list
Prepare & release Request for Quotation/ Enquiry to the short-listed vendors
Study offers from vendors, and prepare a comparative statement to aid in selection of vendors, optimization of price and other commercial terms
Develop Internal Cost Estimates
Participate in Commercial Negotiation Meetings
Negotiate & finalize price for items covered under this role#s limits
Set up Agreements and SLAs with the finalized vendorsPrepare & release the final PO
Implement escalation process
Maintain co-ordination with inbound logistics and all commercial departments
Monitor post-award project contract management
Enforce supplier feedback mechanism for improvement
Review contractor feedback, gather feedback from expediting team, P&C, supplier
Manage Change Order Process
Participate in routine planning meetings
Coordinate supplier information / confirmation on the changes
Additionally assess and monitor emergency situations and related procurement
Manage Supplier Relationships at working Level
Manage positive vendor relationships at the working level
Engage with vendors on a regular basis to share organizational requirements and understand their constraints
Gather feedback from field execution team and supplier
Review the feedback and send reports to PCM as well as the respective Contracts Lead
Ensure contractor performance as per end-user needs and identify improvements and suggest the same to Contract Manager
Uphold ethical values in procurement dealings and operations in line with the corporate values
Use technology extensively to increase efficiency & control costs
Use the SAP system optimally to drive efficiency and cost optimization
Focus on usage of technological tools like e#auction and reverse auction to improve efficiency, and improve transparency
Guidance to Contract Engineer in Critical Contracts