Procurement & Sourcing Operations
Manage the end-to-end procurement cycle (PR, RFQ, technical & commercial evaluation, negotiation, PO generation, and delivery tracking) for both direct and indirect materials.
Procure critical raw materials unique to the tool and die industry, including special grades of tool steel, copper, die components, and standard/special cutting tools.
Ensure all procured materials and sub-components meet required quality and engineering standards.
Vendor Development & Management
Identify, evaluate, and onboard recent suppliers. Develop a solid secondary vendor base to mitigate risks.
Monitor supplier performance against strict KPIs (Quality, Delivery, Cost) and conduct routine vendor audits.
Negotiate pricing, delivery timelines, and credit terms to achieve cost optimization targets.
Inventory & Cost Control
Forecast material requirements based on production schedules and ensure optimal inventory levels.
Identify and drive cost reduction initiatives (e.g., Value Analysis/Value Engineering - VAVE, bulk purchasing, and alternate sourcing).
Cross-Functional Collaboration
Work closely with the Tool Room, Design, and Engineering teams to understand tooling material specifications and avoid production delays.
Coordinate with the Quality and Stores departments to resolve any non-conformances or supply discrepancies.Role & responsibilities