Oversee procurement of materials from vendors according to scheduled targets for mass production, ensuring alignment with production timelines.
Resource Management: Proactively ensure timely availability of raw materials, scheduling, and on-time dispatches to meet production demands.
Supplier Selection: Choose suppliers based on their expertise and product design requirements to achieve high quality and manufacturability standards.
Vendor Support: Provide continuous support to vendors for process improvement, cost reduction, and achieving savings.
Procurement Focus: Specialize in procurement and inventory control with a focus on new supplier evaluation and selection.
Communication Management: Maintain clear and consistent communication with suppliers to prevent unexpected shortages and ensure smooth operations.
Quality and Process Assurance: Collaborate with Quality Management Systems (QMS) and Cross-Functional Teams (CFT) to ensure first-time-right product delivery as per R&D and engineering specifications.
Supplier Engagement: Attend meetings with suppliers to address materials procurement and supply chain challenges, ensuring alignment with project timelines.
Project Monitoring: Conduct weekly supplier visits to ensure adherence to new project requirements and mutually agreed time plans.
Project Reporting: Present weekly updates to the Project Management Office (PMO) and higher management on critical project deliveries.
Tooling and Quality Assurance: Ensure new products are developed with the appropriate tooling, fixtures, and gauges, handling.
Process Audits: Perform monthly process audits at supplier sites to maintain quality standards.
Documentation and Coordination: Arrange PPAP documents from vendors for handover to the quality team and coordinate with suppliers on Engineering Change Notices (ECN) updates in projects.
Supplier Management: Decide the share of the business (SOB) percentage for vendors based on Quality, Commercial, and Delivery (QCD) criteria; manage tooling payment advances and follow-ups.
Purchase Order and Vendor Audits: Finalize Purchase Orders (POs) and conduct regular vendor audits and follow-ups.
Reporting and Systems Knowledge: Maintain daily and monthly MIS reports and demonstrate knowledge of ERP/SAP for effective procurement management.
Vendor Selection & part development for the new project as per target plan. Delivering cost savings for the company via VAVE, Alternate sourcing, SOB Rejig.

About Company

Our client is a leading, very successful nuts, bolts, and fasteners manufacturing company now diversified into International Sourcing of Precision Components and Supply Chain Consulting, set up with the objective of INDIA SOURCING MADE EASY. In collaboration with Quality Austria Central Asia for Vendor assessment, Audit rating, capacity assessment, and vendor upgradation.
Services include designing, developing, sourcing, and delivering standard and NPD precision components for automotive, Aerospace, and engineering OEMs.
They have a NABL-approved In-house Lab.
The objective is to help businesses optimize their global supply chain and procurement processes. The focus is on transparent relationships with suppliers and customers, optimizing the sourcing process, and maintaining high quality, sustainability, and efficiency standards. Continuously innovating procurement strategies to offer competitive advantages to the customer. The Vision is to help clients reduce their expenses. Achieve significant cost savings for direct and indirect products and services through factory sourcing, manufacturing, quality control, and logistics worldwide.

Procurement & Vendor Management -NPD aerospace,automobile, precision components