– Rich experience in New Product Development, Supplier Evaluations as per quality norms, Internal as well as External Audit handling, Process improvements, Manufacturing Engineering & Quality Assurance at supplier end.
– Lead New Product Development right from assessing market, scout vendors, qualify according to process, negotiate, and execute long term agreement for flawless procurement.
– Executing sourcing strategies for different product categories while integrating all processes to reduce cost significantly and meet important performance metrics.
– Understanding of the intricacies of establishing a long term working relationship with suppliers of raw materials to further the profit model of the organization.
– Effectively manage supplier interactions, negotiate contracts, prices, and timelines in line with the short and long term goals of the organization.
– Strong deep domain knowledge on sourcing of Lubricants, Paints & Coatings, and Chemicals and connections across the globe with top chemical manufacturing companies.
– Manager supplier on-site visits to conduct Monthly/Quarterly/Yearly business reviews, to identify new ideas to improve business & long term relationship.
– To keep abreast of industry and market trends and best practices.
– Develop yearly and quarterly raw material budgeting for product cost contribution.
– Negotiate and formalize legal contracts with suppliers.
– Leading the development and implementation of key sourcing projects.
– Deploy RM Localization and Value Engineering Initiatives to sustain & improve business profitability.
– Drive and implement commercial initiatives, supplier productivity, e-Sourcing and VE initiatives in collaboration with various stakeholders.
– Conduct market research and collect information of suppliers and handle cross functional projects and support business goals and objectives.