Rate Contracts Professional Larsen & Toubro

About Larsen & Toubro

Job Description

Rate Contracts Professional LNT/RCP/1337839 DC-Divisional CorporateChennai Posted On 19 Apr 2025 End Date 16 Oct 2025 Required Experience 6 - 10 Years Skills Knowledge & Posting Location PROCUREMENT CONTRACTOR MANAGEMENT CONTRACTOR LIAISON BULK MATERIAL HANDLING Minimum Qualification PROGRAM IN PROJECT MANAGEMENT LEVEL -1 Job Description 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: 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 divisions of L&T for smooth running of ARCs. 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. Upgradation and maintenance of E-Commerce platform ConKart for best User Experience. Upgradation and maintenance of Chatbot for ConKart.,