Larsen & Toubro Ltd

Lead Buyer

Larsen & Toubro Ltd
Chennai
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 10 yearsMin. 10 years

Job Description

Lead Buyer

Strategic Sourcing & Procurement

  • Lead procurement activities for cementitious materials and assigned categories.
  • Develop and execute sourcing strategies aligned with organizational objectives.
  • Drive annual sourcing plans and establish long-term supply agreements.
  • Ensure uninterrupted availability of materials to support project requirements.

End-to-End Procurement Management

  • Execute the complete procurement cycle including:
    • Vendor identification and development
    • Request for Quotations (RFQs)
    • Bid analysis and evaluation
    • Commercial negotiations
    • Contract finalization and award
  • Ensure procurement activities are completed within agreed timelines.

Market Intelligence & Cost Optimization

  • Conduct market research and industry analysis.
  • Monitor commodity price movements and market trends.
  • Perform supplier benchmarking and competitive analysis.
  • Identify opportunities for cost reduction, value engineering, and process improvements.
  • Drive commercial negotiations to achieve cost savings while maintaining quality and service standards.

Supplier Relationship Management

  • Develop and maintain strong relationships with domestic and international suppliers.
  • Monitor supplier performance against defined KPIs.
  • Identify and develop alternate sources to ensure business continuity and mitigate supply risks.
  • Resolve supply, quality, and commercial issues in a timely manner.

Stakeholder Management

  • Collaborate closely with projects, business units, and cross-functional teams.
  • Engage with internal stakeholders to understand procurement requirements and priorities.
  • Provide procurement expertise and recommendations to leadership teams.
  • Support supplier and stakeholder engagements to strengthen partnerships and business outcomes.

Compliance & Governance

  • Ensure adherence to procurement policies, procedures, and ethical standards.
  • Maintain compliance with contractual requirements and audit guidelines.
  • Ensure proper documentation and procurement governance.
  • Support audit reviews and implementation of corrective actions where required.


Job role

Work location
Work locationChennai Head Qrs.
Department
DepartmentPurchase & Supply Chain
Role / Category
Role / CategoryPurchase - Quality Management
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 10 years

About company

Name
NameLarsen & Toubro Ltd
Job posted by Larsen & Toubro Ltd

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