Freelancer – Business consultant – Supply chain /Manufacturing services - Self-employed
(2019-11)
- Conducting industry benchmarking to ensuring a competitive on-going advantage
- Serve as a trusted business consultant to stakeholders, providing best-in-class technical consulting from a sourcing and external benchmark/industry perspective
- Lead Sourcing events, collaborating with stakeholders to define scope, identify suppliers and develop internal recommendations
- Build and maintain Supplier relationships with the objective of reducing costs and eliminating inefficiencies
- Responsible for proving strategic sourcing support for "Special Projects"
- Developing procurement strategies that are inventive and cost-effective
- Sourcing and engaging reliable suppliers and vendors
- Performing risk assessments on potential contracts and agreements
NPI Commodity /Sourcing Project Manager - Honeywell Technology Solutions Lab
(2007-09 - 2019-08)
- Promote flawless NPI Sourcing project execution and launch, embracing cross functional teams and processes to ensure seamless transition to operations by achieving all 6 phase gate deliverables
- Manage & support end to end sourcing activities and Early supplier engagement throughout New Product Development cycle from concept stage to product launch
- Prepare RFIs, RFPs and RFQs and evaluate supplier proposals
- Perform bench-marking, negotiation & establish contract price agreements with strategic suppliers
- Responsible for new source identification, evaluation & development
- DFM review with suppliers along with cross functional team to assess technical capabilities
- Lead Sourcing events collaborating with stakeholders like On-site Supplier workshops, Value stream mapping, E-auctions, should costing, VE/CE projects to achieve targeted cost savings
- Perform supplier performance appraisals, facilitate regular business review meetings with core suppliers that assure continuity of supply and best in class quality and pricing
- Execute new contracts, amendments and renewals along with legal team
- Implement Strategic Sourcing & Lean initiatives to improve productivity in areas like localization, rationalization, and emerging region transitions
- Assessing commodity risks and communicates risk mitigation strategies and contingency plans
- Timely review of BOM cost ensuring accurate Cost of Goods Sold and Product Profit Margins
- Implementation of Lean supply chain resulted 30% cost reduction
- Cost avoidance through e-Auctions yielding minimum 20%
- Risk mitigation through alternate vendor development for single source items
- Cost reduction through emerging region sourcing with > 40% savings
- Vendor localization & rationalization
- Early Supplier Engagements for new product developments
Sr. Sourcing Specialist - APC by Schneider Electric - Bangalore, India
(2005-04 - 2007-08)
- Responsible for sourcing and procurement of Electronics, Electrical and Electro Mechanical, Cable & Wiring harness commodities
- Managed all International and Domestic sourcing & procurement for NPD spend of 175 Mn+
- Development of all new parts including tooling for various new programs in co-ordination with the Engineering and Design departments
- Negotiation and contracts for Raw Material, Components and Tooling
- Supplier capacity analysis and evaluating alternative sourcing opportunities
- Driving and achieving cost savings targets through VAVE, Alternative sourcing, standardization etc
- Min 20% cost reduction in PCB, Relays, Power cords and other Electronic components through alternate vendor development in Far east
- 30 - 40% cost reduction in Localizing Magnetics & Wiring harness
- Alternate vendor development in Lynx project with 55% cost reduction
- Successful & smooth transition of more than 20 projects from group companies in USA, Denmark, Ireland, Taiwan, Philippines
Asst. Manager- Business development - Hical Magnetics Pvt Ltd - Bangalore, India
(1992-03 - 2005-04)
- Leading a team of four Business development Engineers
- Identify & Generate new customers / Business opportunities
- RFQs, Technical & commercial feasibility review with cross functional team
- Material price finalization with Vendors, Product costing & Quotation to customers
- Collaboration with Engineering team to provide prototypes on time to Customers
- Convert the enquiry to order with lesser lead-time
- Build & manage relationship with internal & external stake holders
- Single point Techno- Commercial contact for all Asian Customers like GE Medical Systems, APC, Kodak, Indo Nippon Electrical Ltd Etc
- Customer approval & smooth transition of more than 100 products to manufacturing
