Group Head - Procurement - FMCD (14-30 yrs)

PROFILE SUMMARY (Client of Elora Solutions):

- Expertise in Strategic Sourcing, Commodity Handling, Contracts Management. Imports of Traded Products & components.

- Planning and Vendor Development

- Experience in developing and managing a large vendor base of high buy value and monitoring their (QCD) Quality, Cost & Delivery parameters

- Handling sourcing of traded products like Chest Freezers, Air Conditioners & manufactured products like Refrigerators, Washing Machines, Air Conditioners, Water Dispensers, Mini Bar, FOW, Chest Freezers & Small Kitchen Appliances.

- Expertise in handling supply chain management function encompassing vendor development to ensure uninterrupted & steady flow of material for timely production.

- Designing and implementing key global sourcing strategies which are effective in ensuring that plans are aligned with project / demand requirements.

- Proficient in implementing Cost Innovative (CI) Sourcing Projects to manage the BOM within the assigned budget.

- Implementing supplier partnership programs that provide competitive advantage while ensuring premium quality supply and a reduction of total system costs.

- Skilled at China/LCC Sourcing for new products & suppliers to get better prices, quality & delivery as desired.

- Acquired international exposure by travelling to various countries like China, Korea, Vietnam, Italy, Germany, Netherland.

CORE COMPETENCIES:

- Strategic Sourcing, Global Sourcing, Manufacturing / Production Mgmt., Quality Mgmt., Vendor Development & Mgmt. (Foreign & Local), Commodity Management, Imports / LCC Sourcing, Contracts, Component Costing, Materials Management, Supply Chain

- Management, Inventory Mgmt., Negotiations, Planning, Budgeting, Cost Optimization, Spend analysis & Project Management,

AREAS OF EXPERTISE - Strategic Sourcing & Commodity Management

- Initiate long term contract/MOU for various commodities/components with suppliers to gain price stability.

- Commodity Management, Component costing, Spend analysis, Tracking commodity movements, Cost Benefit Analysis (CBA),

- Hedging, Forward & Spot buying, Consolidation, Negotiation & managing BOM cost within the specified budget.

- Initiate China/LCC Sourcing for new products & suppliers to get better price & productivity.

- Explore & develop new sources to achieve competitive cost, new technology & supply chain efficiency.

- Initiate competitive benchmarking, Tear Down Analysis (TDR) to explore opportunities in terms of cost, content, quality & delivery.

- To support & achieve NPD (New Product Development) targets.

Global Sourcing:

- Imports of various Products (CBU), components (CKD, SKD) and commodities.

- Conversant with INCOTERMS & FTA agreements with various countries.

- Hands on experience with entire imports procedure, documentation & clearance formalities.

- Imports of Traded products such as Window AC, Split AC & Chest freezers.

- Hands on experience of liaising with overseas vendors mainly from China, Korea, Vietnam, Italy etc.

Project Management:

- Proficient in handling various Sourcing Projects to get price advantage & to maintain the cost within the budget.

- Skilful in using various sourcing levers to get the price advantage such as Insourcing/Outsourcing, Make Vs Buy, Contracts, Negotiations, Hedging/Forward Buying, VE/VA, Volume Consolidation, LCC Sourcing, Alternate Supplier, Alternate Material. Vendor Development

- Part of Vendor Cluster Program. It involves handholding of suppliers to improve on 5S, My Machine Concept, Green Mgmt.,

Quality Improvement & Productivity improvement:

- Identifying and developing dedicated alternate vendor source to achieve cost, quality & delivery objectives.

- Developing foreign & local vendors to buy critical parts & components.

- Vendor assessment based on various criteria such as Mgmt. Responsibility, Mfg. Technology, Production Capability, Quality Assurance, Financial Stability, Environment & Safety, Logistics & 5S etc.

Materials & Inventory Management:

- Forecasting, planning, scheduling of commodity/component.

- Effective co-ordination with vendors for uninterrupted & steady supply chain.

- Maintain effective stocks to maintain healthy working capital of the company.

Manufacturing / Production / Operations Management:

- Managing the complete production / operations of the plant as well as OEM supplier.

- To ensure all the legal compliances of the factory

- To make sure quality production, hence quality vendor base & smooth supply chain mgmt.

Business Traits:

- Leadership, Networking, Production Mgmt., Communication Skills, Strategic Planning, Financial Mgmt., Operations Mgmt., Team Building, Teamwork & Collaboration, Innovation, Risk Mgmt., Mentorship, Problem Solving, Adaptability, Time Mgmt., Interpersonal Skills, Customer Centricity & Presentations Skills