Times Group - Category Lead - Commercials

About Function/Department

Business & Commercials (B&C) is the Procurement function of Bennett, Coleman & Co. Ltd.

About the Position

We are looking for a candidate with 10-15 years work experience, preferably from PMC or Real Estate Sectors

Position Summary:

Obtain specific BOQ's (bills of quantities) from user team; assist in the development of procurement plan, liaise with vendors, finalize payments and implementation schedule with vendors, expedite order delivery with the objective of ensuring implementation of projects with adherence to targeted quality, cost and schedule parameters.

This is a central team role requiring coordination with interactions with users and suppliers spread geographically having a significant impact on the overall organizational goals.

Please note:

This is a PAN India role, the scope of work includes all Times Group Companies (Publishing, TV, Radio, Internet & Education business)

The employee will be a Category Lead and a front-line manager with 2 direct reports

Areas of Responsibility:

Contract Management: Review status of vendor deliveries against orders released, supervise timely follow-up with vendors, monitor changes in user requirements during implementation and communicate appropriately to vendors, coordinate with Finance for vendor payments to ensure timely delivery of orders and execution of projects as per project plan for:

Civil and Construction - Buildings (PAN India, All Times Group Companies)

Civil Interiors

MEP - DG compression, Sewage compressor plants, etc.

Procurement Planning: Work with a range of internal stakeholders to clearly identify procurement needs, oversee timelines and budget and ensure adherence to savings & other strategic objectives. Initiate negotiations and vendor relationship management. Optimize overall costs and focus on enhancing operational efficiencies.

Negotiations: Price discovery, external benchmarking and negotiating the most competitive prices, SLAs and contract terms. Identifying clear external benchmarks and collating the details of various cost components. Consistently improving cost competitiveness of the suppliers

Vendor Management: Prepare RFI/RFQ Management, identify potential suppliers and contract management & governance, Manage vendor accounts reconciliation. Develop a clear understanding of suppliers' strategic strengths, supplier performance evaluation, expand supplier network and maintain consistent vendor performance and engagement. New product development & trials execution

Operations Management: Manage conflicts, resolve escalations, ensure user satisfaction, ensure documentation compliant with Internal & External Audit standards, review delivery timelines, SAP operations (MM module). Inventory management & optimization. Ensuring compliant import operations

Logistics: Confirm order with the vendor; prepare internal approval note; coordinate sign off on the internal approval note; finalize the legal terms and conditions with the vendor; liaise with finance for financial transactions and legal for contracts; organize kick off meeting between supplier and modernization for handover on delivery and execution; resolve escalations by modernization (user) with respect to supplier in order to ensure the installation of equipment to user satisfaction

Educational Qualifications Required

B.E. Civil (preferred) / Mech / Elec,

Additional Certifications - Project Management, Construction Management, Contract Management

Relevant Experience

- 10-15 years of experience in Procurement function specifically:

Hard Skills - Civil, Construction & MEP (Mechanical Electrical & Plumbing) Procurement, Tendering process, Negotiations, Cost Estimation, Contract Management, Claim Management, Data Analytics

Soft Skills - Resolution of techno-commercial Issues, Conflict Management, Supplier & Internal User interface, Excellent Communication & Presentation