- Identification of potential suppliers and finalization of suppliers based on consideration of norms
- Preliminary discussion for manufacturability with supplier
- Assess quality of products to our expected standards and quality
- Quotation, Comparison of quotation and negotiate pricing terms and conditions
- Assess risk, issues and opportunities from suppliers end and finalize as per process
- Monitor and manage supplier performance including root cause and recovery for Escalations
- Initiate Vendor improvement activities and integrate results into Vendor Contracts
- Review and monitor purchase requisitions
- Make sure the Sourcing is optimized for quality, margin and lead time."
- Ensure no production loss due to material shortage
- Giving forecast to the suppliers in accordance with the rolling plan.
- Follow up with the accounts for timely payment to the suppliers.
- Inventory control & management in order to avoid ageing of material.
- New Vendor development for alternate sourcing to reduce the raw material cost.
- Arrange the samples from Vendors as per the drawings for evaluation and testing purpose.
- Preparation of daily inventory reports.
Minimization of the quality problems, new improvements & co-ordination for the free replacement with the supplier.
Requirements
Graduation
Min of 8 years of experience in Sourcing / Procurement for OEM / Automobile / Engineering Sector
Graduation in Engineering Prior Business Development in Heavy Machinery