Procurement /Sourcing/Purchase – Head - TAG Corporation - Chennai
(2024-10 - 2025-11)
Heading the Overall SCM which includes Strategic Sourcing, Vendor Development, Capital Purchase and Procurement. Responsible for Designing and Implementing Strategic Supply Chain to optimize & balance the Local potentials and Import/Global opportunities in achieving Purchase Cost efficiency , Achieve Global Quality in supplier's System & product Quality Improvements with Lean Supply replenishing process towards building Robust Supply Chain. Responsible for formulation & Implementation of Time to Time SCM & Marketing Strategy and commodity Price Management. Responsible for Capacity Management at Suppliers and Overall Cost Reduction as per Management's commitments to the Board on VA-VE, Localization, Supplier rationalization etc.,. Identification and Approval of New Sources.
Deciding
Make-Buy for New products and Complete responsible for New Product Development across all plants w.r.t SCM.
- Procurement of Raw Materials – Aluminium Ingots , Aluminium extrusions , Aluminium Wire rods , Copper wires, Zinc Ingots, EPDM Raw Materials , Rubber related Raw materials ,Forging Raw Material, MS plates, rods and Chemicals.
- Procurement of Machined components, Fabrication components, Sheet Metal Components and Aluminum die casting components
- Procurement of Capex Equipment's – VMC, CNC, HYDRAULIC PRESS, FORGING PRESS AND SPM
- Procurement of Closed Die forging tooling's and Jigs & Fixtures
Manager – Project Procurement - BGR NEO PVT LIMITED - Ambattur, Chennai
(2023-12 - 2024-09)
- Develop sourcing strategies for Machined components, Fabrication Components Hydraulic and Pneumatic component.
- Negotiating & finalizing price with vendors
- Developing New Vendor Base for Manufacturing of Components
- Developing overseas vendors for manufacturing of Components
- Preparation of project costing to submit the customer
Sr.Manager – TIMB- Purchase, Quality & Stores - Tube Products of India - Avadi, Chennai
(2022-10 - 2023-06)
Role in TIMB
- Develop sourcing strategies for Casting, forging, Fabrication, Machined components, Hydraulic and Pneumatic component.
- Negotiating & finalizing price with vendors
- Establish annual saving plan from -5% to -7%.
- Coordination with Logistics for Imports and clearances
- Developing new vendor base for new products conduct existing supplier risk assessment and managing it.
- Knowledge and experience in new product development and products localizations.
- Effective supplier management to ensure smooth production and services by having the SLA with them
- Strong analytical capability to analyze the historical data to drive various initiative such as localization, AVD, Dual sourcing, Payment terms, Inco-term etc
- Managing the team and keeping them engaged through setting up the annual objective and monitoring these for timely execution.
- Ability to Reward Recognize the efforts of the team members for their contribution.
- Mapping the skill set of the team members in-order-to have the growth plan and balance the workload accordingly.
- An unconditional mindset to improve the quality of products (supplier PPM) and services provided by vendors by visiting them and monitoring supplier performance.
- Approach towards continuous improvement to keep the processes up to mark and achieving next level.
Sr.Manager - Tool Engineering - Sourcing/Vendor Development/Stores - M/s Wheels India Limited - Padi, Chennai – 600050
(2003 - 2022)
Role in Tool Engineering
- Procurement of Raw materials- Castings, forgings and die steel materials.
- Procurement of Sheet Metal, Fabrication and Machined Components.
- Procurement of Capex Equipment's – CNC , VMC , HMC,VTL , HYDRAULIC PRESS , ROLL FORMERS ,BUTT WELDERS AND SPM MACHINES
- Develop sourcing strategies for new Supplier.
- Technical Feasibility Check & Sourcing of new development parts.
- Preparing Project timelines effectively assigning task to cross functional team and conducting regular follow-ups through weekly project progress meetings.
- Responsible for controlling the project budget relation to the Management target.
- Responsible for Procurement Process which involves Floating Inquiries, Collecting Quotations, arranging Techno-Commercial Comparison & verifying, Vendor selection, Negotiation and releasing Purchase Order / Contract Order.
- Preparation of Cost comparisons & Cost Actualization after SOP for components, sub-assemblies & assemblies.
- Responsible for New part development with 100% adherence as per project timeline and product requirement of desire quality.
- Material Requirement Planning & project management with reference to product BOM.
- Vendor development (New/existing) & up-gradation activities (Thru Audits/Trainings).Conducting & Leading Vendor visits along with design & quality team, against development plan to check in-process quality.
- Sourcing & cost settlement for Components Cost, tooling/fixtures & prototype parts with use of tools like Drawing analysis, internal Cost Estimation & negotiations.
- To continuously work for optimizing material cost and creating healthy productivity pipeline to achieve sustainable Year-On-Year cost reductions thru (LEAP, Vendor Negotiation. & Multi Sourcing).
- Budgeting & planning the funds for procurement / sourcing of materials ensuring optimum utilization of materials, maximum cost saving by considering Strategic Sourcing, Economic Order Quantities, Storage Capacity.
- VA/VE activities for Improvement & Cost Reduction.
- Price reduction through alternate process /alternate supplier/alternate material selection
- Make or buy decision for Products manufacturing in-house or subcontractor.
- Localization of imported Products
- Preparation of operation planning sheet.
- Supervision and control of all the stores functions like in-warding, issue and storage of materials,issue control, managing incoming and supplier line rejection material.
- Inventory control, warehousing or receiving.
- Effectively co-ordinate with procurement & production department for ensuring all the materials on time.
- Ensure proper and on time documentation in stores related to movement of all goods and keep all the documentation up-to-date.
- Optimizing of raw material stock levels in stores. Controlling the inventory by maintaining the maximum Level, minimum level, re-orders levels of stock.
- Use of various material management tools like FIFO Control, Kanban Control, 2 Bin System, 5S etc.
- Conduct physical inventory vs. system inventory reconciliation for every quarter and tracking material variances & reconcile the difference in stocks.
- Conduct material consumption analysis, coordinate and resolve BOM issues, Inventory aging analysis & classification, wastage and scrap reconciliation, control of supplier returnable packaging, shelf-life items monitoring, dead and slow-moving stock monitoring and inventory control.
- Exposure to internal/external audits related to stores management and circulate various MIS reports related to stores management.
Technical Apprentice - Central machine shop - Eveready Industries India Limited - Guindy, Chennai
(2002-08 - 2003-11)
Role in Central machine shop:
- Purchasing of consumables and all kind of machinery spares, safety items.
- classifying materials thro ABC analysis for inventory management.
- Maintaining Vendor based Inventory.
- Familiar with Commercial Procedures like Sales Tax, Excise and can handle Negotiations effectively.
- Identifying areas with Scope for Cost Reduction, Negotiation, Fixing Price for parts Sourced Out.