Sr. Executive / Assistant Manager

Job Description

He / She will be primarily responsible for developing new and potential vendors, along with streamlining the existing ones. He/she will also be responsible for driving DFM changes to drive down cost and lead times.

·      Develop and implement sourcing strategies for assigned categories.

·      Should be proficient in Electronics / Electrical Components including PCBA’s and other Electrical Category.

·      Identify and evaluate potential suppliers.

·      Negotiate contracts and agreements with suppliers.

·      Prepare and process purchase orders.

·      Track orders and manage deliveries.

·      Monitor supplier performance and address any issues.

·      Identify cost-saving opportunities and implement cost reduction initiatives.

·      Drive and execute Annual and Strategic Plan with supporting strategies

·      Lead DFM opportunities with suppliers along with Engineering and Process functions

·      Ensure Relationship development and management with key Supplier Leaderships

·      Align with Product management, R&D, Operations, Finance and Quality and other departments

·      Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes

·      Ensure Relationship development and management with key Supplier Leaderships

·      Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes by maintaining Supplier Scorecards

·      Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity

·      Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions.

·      Manage fixed assets capital procurement by establishing sustainable vendor base and developing a strong and robust Capital equipment’s expenditure process.

·      Manage Annual spend worth 10 cr INR by creating a sustainable vendor base.

·      Should have developed alternate OEM during the tenure as Sourcing Lead.

·      Should have completed cost reduction projects to the tune 10-15% of spend YOY.

·      Strong analytical, problem-solving, and decision-making skills.

·      Proficiency in procurement software and ERP systems.

·      Excellent communication and interpersonal skills.

Skills