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Job Opening details:-
Company Name :- Siemens
Position Name :- Process Expert – Purchase to Pay (Buying Professional)
Company Location :- Bengaluru, Karnataka
Job Category :- Jobs in Bengaluru
Full Job Description :-
Job title : Process Expert – Purchase to Pay (Buying Professional)
We provide extensive high-quality and cost-efficient Purchase-to-Pay services from purchasing to the processing of outgoing payments.
We work with a strongly integrated system and a highly automated purchasing process
Our customers receive state-of-the-art, easy-to-use Purchase-to-Pay (P2P) services. We deliver maximum value to the business by driving P2P optimization and digitalization using our entrepreneurial approach, and we support our customers’ current and future business requirements with the help of our high level of process and automation competency.
This is your role. What part will you play?The person will be responsible for Procurement of commodities which include IT/ Goods and Services/ Marcom for value upto Rs. 2 Lakhs.The person receives Purchase Requistions from end users through Manual PR, Shopping Carts which he evaluates to check the correctness and enquires back when he/she seeks clarification.The person uses Siemens tools to send RFQ’s, get offers with cost break ups (wherever applicable), evaluate offers and negotiate them to get best possible prices.The person has access to frame agreements and rate contracts with suppliers, performs market scan for potential sources, supplier evaluation & approval through cross functional team for vendor blocking/ unblocking, extension and on-boarding.The person can close the request with the best single offer as well because time is the essence here.The person works on cost reduction using various techniques like negotiations based on quantity, payment terms, logistics, delivery time, alternate source, design-to-cost, pooling of demand etc.The person has to complete the Sourcing activity and intimate the end user on approval within the stipulated TAT which is part of his/her SLAThe person has to parallely work on No touch and Catalog push improvement.The person develops short term strategies for the commodity by working towards Supplier Base Optimization after doing analysis on the Tail spend and implementing MSP / alternate vendors to source the material/service.The person will maintain tracker for capturing the Savings and PVO to derive analyse the Tail spend vendors.The person attends Team huddles MOM and action for closure (Both Internal & External)
As a buyer, you need to interact with suppliers for various deals. The success or failure of the deal depends on how effectively you are able to negotiate with your suppliers. To gain maximum advantage from the suppliers, you need to keep in mind certain principles of negotiation.Negotiation is a process in which you and your supplier with conflicting requirements reach an agreement of mutual interest. It is thus all about creating a movement between each other.The objective of the negotiation process is to ensure the supply of five rights: right product or service at the right price, right time, right location and right quantity. You will have to balance these rights i.e. a faster product delivery may result in a higher price.
Preparing a negotiation:Before making a deal, you need to prepare for it. You need to gather all the important information that you may need to successfully execute the best possible deal. If you are prepared, you can steer the way the negotiation moves forward and close it to your advantage.Before you contact the suppliers, you need to do some homework. You need to gather information such as your timelines and budget for the deal.You have to prepare and decide upfront the critical issues for the deal and what your targets are. Every deal has some critical issues. To identify these issues, think what your internal customers are expecting from you. After identifying the critical issues, you should put a target on each issue before you enter a negotiation.For every issue, decide a wow and a walk-away target. These are two ends of a spectrum.
We don’t need superheroes, just super minds.Excellent communication (Verbal & written),
3-5yrs experience as Buyer
Make your mark in our exciting world at Siemens:
This role is based in Bangalore, where you’ll get the chance to work with teams impacting entire cities, countries – and the shape of things to come.
We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We’re dedicated to equality, and We welcome applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination and help us shape tomorrow.
Organization: Global Business Services
Company: Siemens Technology and Services Private Limited
Experience Level: Early Professional
Job Type: Full-time
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