Role Purpose:
The position is responsible for sourcing raw materials to ensure a robust supply of materials to develop manufacturing of new and existing products.
KRA:
- Lead sourcing activities supplier selection and negotiations efforts.
- Proactively build positive strategic relationships with suppliers and internal stakeholders.
- Collaborate with Manufacturing teams to optimize inventory levels and material flow while minimizing stockout risks.
- Continually optimize supply chain with respect to price inventory supply continuity and terms and conditions.
- Development of Sourcing strategy and execution while ensuring alignment with key stakeholders.
- Price negotiation with suppliers
- Work closely with external suppliers to proactively identify opportunities for implementation of cost optimization lead time reductions quality enhancements and overall improved service levels.
- Identify and qualify potential suppliers evaluate and communicate performance manage and develop longterm partnerships with suppliers to enhance overall capabilities and result in more efficient product development and a more agile supply chain.
- Development of MIS for Cost monitoring
- Development of Alternate Sources of Raw Material & coordination with R&D for necessary testing support.
- Development of Alternate type of Raw Materials
- Develop and maintain relationships with leadership of key suppliers that foster communication on forward looking strategies long range planning and partnerships.
- Review supplier onboarding and provide insight.
- Assists in the development and implementation of sourcing strategy while ensuring company alignment and execution
- Assessment of coverage of Raw Material to ensure sufficient availability of Raw Material
- Development of Alternate Sources of Raw Material & coordination with R&D for necessary testing support.
- Development of Alternate type of Raw Materials
sourcing,negotiation,relationship management,mis development,cost optimization,materials,supplier selection,strategic planning,price negotiation,supplier evaluation,supply chain optimization,raw materials