Should have experience in costing & development of following commodities. (Plastics RM & parts , Brass inserts, Fasteners, Machined parts, Stamping parts, Fixtures.
Should have strong negotiation skills & knowledge in product costing.
Providing product cost estimation to costing team for RM, B/o parts , Packaging items in regards to customer RFQ.
Manage competitive sourcing process with internal & external stakeholders.
Creating & monitor raw material indexation for price negotiation.
Floating RFQ and negotiate with Vendors. Finalizing costing with RM and child parts vendors.
Working in liason with plant team w.r.t daily activities viz. PO creation, Material availability, GRN & Payment disbursement to vendors.
Deliver and report sustainable cost savings and cost avoidance. Have to achieve planned cost savings on time.
Identify category and vendor cost savings opportunities with existing vendor base. Develop sourcing strategies utilizing marketplace competition, user demand management, and vendor consolidation.
Vendor and part development for new projects as per standards and arrange project material on time to meet project timelines.
Create expense analysis/spent analysis .
Evaluating major vendor's performance with business unit relationship owners & conduct audits for the same.
To perform quarterly performance review with key suppliers.
Required Candidate profileDegree / Diploma in Mechanical or Plastic Engineering Preferably with Diploma in Materials Management or related experience.
Salary: Not Disclosed by Recruiter
Desired Candidate Profile