- Supplier Selection, Evaluation and Supplier Audits.
- Obtaining quotations from suppliers and ensuring cost, quality and availability of materials, along with product cost reduction through effective negotiation before purchasing.
- Obtaining approval for Purchase Orders, part development, part approval and mass production readiness.
- Cost management, price analysis, cost-spending analysis, negotiation, strategic sourcing, cost-reduction planning and execution for all plants, supplier rating, supplier upgradation and supplier rationalization.
- BOP parts review, actualization, VA/VE for BOPs, yield improvement for RM and process reduction for BOPs.
- Project CAPEX procurement and timely commissioning and erection of equipment, jigs and fixtures, along with CAPEX cost savings through effective negotiations.
- Material planning based on customer requirements.
- Overall review of Raw Material, BOP, IDM parts and Stores as per minimum stock requirements and inventory reduction through ABC analysis.
- Ensuring proper storage arrangements to avoid damage to Raw Material during loading and unloading,
along with packing standard implementation.
- Meeting customer audit requirements and ensuring corrective action plans.
- Sales agreement and RM schedule creation against sales.
- Responsible for monthly PV and yearly external audits.
- Attending Group Buy meetings at the customer end.
- Ensuring zero-line stoppage in-house due to quantity and quality issues.
- Maintaining ITR as per management targets.
- Maintaining inventory levels as per targets.
- Periodic evaluation of supplier capacity.
- Coordinating with the Quality Department for supplier audits as per schedule.
- Alternate sourcing and cost-reduction planning.
- Submission of MPR and MIS reports.