Authority & Responsibilities:
· Ordering of all production materials: Raw materials & bought out parts as per the schedule released by SCM.
· Floating RFQs, getting quotations, Placing PO for all production materials, bought out parts followed by ASG approval documents.
· Coordinating monthly schedule PR to PO conversion for all Production materials, Bought out parts (Aluminium, Copper, Nickel, Magnesium, Silicon ,Al master alloys )
· Floating enquiries, getting quotes, for all New Products.
· Following with suppliers for on time submission of New Products samples.
· Cost reduction implementation through Negotiation, Alternate sourcing, VA/VE proposals & Localisation.
· Developing second source /Onboarding new sources to reduce the cost and also for risk management.
· Review purchasing agreements with vendors and maintain open lines of communications with those vendors.
· Preparation of monthly MIS for purchase spend / monthly reports/ analysis
· Achieving the yearly purchase objective set by the management like Cost Savings, Improvement in payment terms, Dual Sourcing.
· Handling audits (external & internal) and conversant with IATF16949 & EMS.
· Dealing in scrap sales through E Auction.
· Coordinating with cross-functional teams (Production, Finance, Quality) to align purchasing strategies with organizational goals.
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