Responsible for entire materials function including timely procurement of Capital items, Spares, Various Consumables, Services and various Contracts.
Vendor development, Regular vendor meets, visit to vendors sites, vendors audits for continual improvement.
Cost reduction through global sourcing, strategic & centralized purchasing, Value engineering, e buying, hard negotiations with vendors for better price, vendor development, alternate items, new vendors, product bulking.
Achieve reductions in PO cycle time, reduction in stock outs, reduction in rejections, improve vendors delivery performance, machine up time through various process improvements, stream lining of entire activities of materials function, rationalization of suppliers and by introducing efficient suppliers.
Sourcing and developing suppliers and contractors.
Process all relevant documentation w. r. t. purchasing function in accordance with company policy and procedures.
Develop systems and procedures for efficient functioning of the Purchasing department.
Review all necessary periodical purchasing reports as required either manually or using computerized system.
Reduce Inventory Cost and No Down Time on account of want of Spare Parts.
Procure various Engg. Spares, Consumables, Capital items, Services in time with adherence to the laid down purchase procedures & SOP.
Maintain machine up time by ensuring availability of all critical items
Cost reductions through alternate items, new source, import substitute, hard negotiations.
Ensure timely handling of AMC Renewals, Customs Related Work, and sale of Scrap materials.
Handling any other tasks assigned by Finance or any other Functional HODs.
Ensure timely payments to vendors as per the agreed terms.
