Rate Contracts Professional
Larsen & Toubro
Date: 3 weeks ago
City: Chennai, Tamil Nadu
Contract type: Full time
Role
Supply chain / Procurement role in Central Materials department to service 600+ project locations across India. Central material does strategic procurement of major commodities like Steel, Cement, Fuel , Frame Agreements ( Rate Contracts), Capital goods, IT Hardware and software and EXIM operations for L&T Construction.
Responsibilities
Supply chain / Procurement role in Central Materials department to service 600+ project locations across India. Central material does strategic procurement of major commodities like Steel, Cement, Fuel , Frame Agreements ( Rate Contracts), Capital goods, IT Hardware and software and EXIM operations for L&T Construction.
Responsibilities
- Strategic sourcing and cost-effective procurement through Annual Rate Contracts (ARC) for PAN L&T requirement.
- Capture and realize new ARC opportunities.
- Establish strategic partnership with suppliers on PAN India & PAN L&T basis to ensure long term collaboration and cost efficiency.
- Establish Price Variation Formula to capture price volatility.
- Perform market intelligence, vendor base enhancement, vendor evaluation and due diligence.
- Stakeholder Management including Leadership Management and Vendor Management.
- Procurement Excellence through governance and compliance, standardization of specifications, process improvement and adherence to Annual Rate Contract.
- Co-Ordination with various divisionsofL&TforsmoothrunningofARCs.
- Adoption of Rate Contract items on E-Commerce platform“ConKart” and its development and upgradation to enhance its effectiveness.
- Upgradation and maintenance of Power BI Dashboard for monitoring adherence, spend and compliance to ARC.
- UpgradationandmaintenanceofE-Commerceplatform“ConKart”forbestUserExperience. Upgradation and maintenance of Chatbot for ConKart.
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