Role & responsibilities
- Ordering of all production materials: Raw materials, Scrap bundle general, boron free scrap bundle & bought out parts as per the schedule released by SCM.
- Floating RFQs, getting quotations, Placing PO for all production materials, bought out parts followed by ASG approval documents.
- Define and build purchasing strategy with input from BU top management.
- Lead sourcing decisions in the assigned area of responsibility.
- Oversee supplier selection and contract process; manage supplier base and develop & maintain relationships with key suppliers.
- Coordinating monthly schedule PR to PO conversion for all Production materials, Bought out parts ( Copper, Nickel, Magnesium, Silicon)
- Floating enquiries, getting quotes, for all New Products.
- Following with suppliers for on time submission of New Products samples.
- Cost reduction implementation through Negotiation, Alternate sourcing, VA/VE proposals & Localization.
- Developing second source /Onboarding current sources to reduce the cost and also for risk management.
- Review purchasing agreements with vendors and maintain open lines of communications with those vendors.
- Preparation of monthly MIS for purchase spend / monthly reports/ analysis
- Achieving the yearly purchase objective set by the management like Cost Savings, Improvement in payment terms, Dual Sourcing.
- Handling audits (external & internal) and conversant with IATF16949 & EMS.
- Dealing in scrap sales through E Auction.
- Coordinating with cross-functional teams (Production, Finance, Quality) to align purchasing strategies with organizational goals.
- Training and Development of team members to equip them with required skills
- Bachelors degree in mechanical
- 12+ years of experience in Purchasing