:-

Material Cost Budgeting: Workout and managing material cost budgets for FY

Commodity Management: Controlling and optimizing on commodity cost

Financial Analysis: Analyzing financial data related to SOB, rule of buying , premiumto take procurement decisions.

Bill of Materials (BOM) Analysis: Reviewing and optimizing BOM structures.

Cost Reduction Initiatives: Identifying and implementing cost-saving opportunities – PACE, Modularity & Focus models

Supplier Financial Analysis: Evaluating supplier financial stability & identify the cost reduction opportunities

Price Negotiation: Negotiating prices with suppliers

Contract Negotiation: Secures favorable terms, prices, and delivery schedules.

Cost Forecasting: Predicting future material costs.

Variance Analysis: Analyzing cost deviations & drive to implementation of actions





Reporting and Dashboard Management: Monthly reporting on material cost

Cost data digitalisation : All cost data elements to be digitalised & use AI/ML tools for variance and improvement in cost structures

Contract management : Implement purchase order terms & condition agreement with supplier and update whenever necessity arises

Group Buying : Bring all commodity spending with in group buying

Meet Govt regulations: Participate in SIAM, ACMA forum & understand the government proposed regulations & act accordingly

Team building for cost governance, Digital approval through ML tools

📌 Development Engineer (Hosur)
🏢 TVS Motor
📍 Hosur