Supply Chain Lead Role

Larsen & Toubro


Date: 3 days ago
City: Bengaluru, Karnataka
Contract type: Full time
Key Responsibilities

 Supplier Sourcing & Relationship Management:

  • Identify, evaluate, and establish relationships with reliable suppliers and

vendors.

  • Negotiate contracts, pricing, terms, and conditions to optimize cost-efficiency.
  • Conduct regular supplier performance assessments and address any quality or

delivery issues.

 Procurement Planning

  • Collaborate with Marketing, PMG, PTDC (Design) teams to forecast material

requirements.

  • Develop and execute procurement strategies to ensure a continuous supply of

components and materials.

  • Maintain an optimal inventory level by overseeing stock control and

replenishment systems.

 Cost Management & Budgeting

  • Implement cost-saving initiatives through strategic sourcing and vendor

negotiations.

  • Monitor market trends and pricing fluctuations of electronic components.
  • Prepare and manage procurement budgets, ensuring alignment with company

financial goals.

 Compliance & Risk Management

  • Ensure purchased components meet required specifications and industry

standards.

  • Manage risk related to supply chain disruptions by developing contingency

plans.

  • Ensure adherence to company policies, industry regulations, and

environmental standards in the procurement process.

 Vendor Development & Collaboration

  • Work closely with vendors to improve product quality and delivery efficiency.
  • Facilitate product development with suppliers in line with new product

launches and innovations.

  • Foster strong working relationships with key suppliers to support long-term

partnerships.

 Logistics Coordination

  • Collaborate with logistics teams to ensure timely delivery of goods.
  • Oversee the import/export process when dealing with international suppliers.
  • Manage freight, transportation, and warehousing requirements for the

electronics supply chain.

 Reporting & Analytics

  • Maintain accurate records of all procurement transactions, contracts, and

supplier information.

  • Generate procurement reports and analyze data to make informed purchasing

decisions.

  • Monitor and report on key performance indicators (KPIs) related to

procurement efficiency, cost savings, and supplier performance.

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