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BorgWarner Inc. Indirect Buyer in Chennai, India

This position holder needs to handle suppliers and internal customers for Purchase activity and independently should handle all indirect purchase order

  • Develop and implement procurement strategies for indirect goods and services.

  • Conduct market research and benchmarking to identify best competitive suppliers for Quality/Performance/cost-saving opportunities (https://www.velvetjobs.com/job-descriptions/indirect-buyer) .

  • Identify, evaluate, Develop and maintain relationships with suppliers to secure favourable terms and ensure long-term partnerships.

  • Purchasing includes Capex/Opex/Services/Production operation related consumables.

  • Generate and analyse procurement reports to support decision-making.

  • Negotiate contracts and terms with suppliers to ensure the best value (https://www.velvetjobs.com/job-descriptions/indirect-buyer) and ensuring contracts are executed properly.

  • Focus on reducing the Total Cost of Ownership (TCO) for indirect purchases.

  • Work closely with internal customers to understand their requirements and align procurement strategies accordingly. Monitor and control the spend (https://www.velvetjobs.com/job-descriptions/indirect-buyer) based on Material request against the Forecast.

  • Execute procurement processes, including requisitions and purchase orders.

  • Ensure compliance with procurement policies and procedures (https://www.velvetjobs.com/job-descriptions/indirect-buyer) and ensure all procurement activities comply with legal and regulatory requirements.

  • Maintain accurate procurement data in systems like SAP (https://www.velvetjobs.com/job-descriptions/indirect-buyer) & reports in the form of files. Generate reports to track spending and procurement activities.

  • Provide support and guidance throughout the procurement cycle (https://www.velvetjobs.com/job-descriptions/indirect-buyer) .

  • Promote the adoption of e-procurement solutions and other innovative tools.

  • Support business transformation initiatives through effective procurement (https://www.velvetjobs.com/job-descriptions/indirect-buyer) .

  • Identify and mitigate risks associated with indirect procurement (https://www.velvetjobs.com/job-descriptions/indirect-buyer) .

  • Promote the adoption of digital tools and innovative solutions to streamline procurement processes and support business transformation.

  • Conduct market assessments and benchmarking to support the development of procurement strategies.

Internal Use Only: Salary

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