MOQ & Annual contract for better pricing. Annual Turnover discount. Closely follow with the plant for direct Wagon booking to optimize inventory.High value fasteners procurement from Ludhiana to cut down the cost.Conducted e auction with a Pool of suppliers for commoditized parts where multiple suppliers are willing to quote & offer same specification. Identified alternate suppliers to increase competition.across plants with limited suppliers to leverage volume advantages. Identify local low-cost suppliers. Shifted to annual rate contracts with suppliers instead of stopping frequent price change. Explore aggregator suppliers for C class parts.Sources identified for machined and stamping parts locally and developed suppliers in 50 km surrounding. Clean sheet costing. Validate RM input, Output weights & Scrap generation periodically and change the norms.Identified alternate suppliers like secondary mills etc. to increase competition on RM Procurements. Explore suppliers in FTA countries like Vietnam, Malaysia, and Thailand for Imparts. Identified alternate specification for same application.Optimise the RM procurement tolerance based on market availability to avoid the cost. Shift to index based for all suppliers RM

Power train specialization with exposure of more than 2 Engine development with localization ratio ranging 60 – 75%. Global sourcing for alliance partners to utilize the competitiveness of Low costCountries Export business growth by global sourcing , Support Alliance Purchasing CostReduction Target. Export promotion from India for best N Value parts to secure Global Costreduction and profitability Improvement. Commercial Negotiation /Price Finalization /Supplier Nomination /CostReduction/VAVESourcing and Profitability study for exportation from India or other LCC CountryCapacity and Supply chain management for all the Global sourcing Bottom upand Target settingSupplier assessment and evaluation (Technically /financially /commercially/Quality System). Supplier Management QCDDM(Quality/Cost/Delivery/Development/Management). Commodity Panel Strategy preparation and Finalization (Supplier Panel updation). Prepare roadmap / plans to achieve Yearly Cost reduction target for Global /DomCR TargetAlliance Purchasing strategy implementation in all Purchasing Processes Corporate Level Management review for SUPPLIER Performance A keen communicator with honed interpersonal, problem solving and analytical

Account abilities o Executing imports operations Export Product unit components o Serving as domestic part team leader and leading 6 team memberso Importing all direct materials & In direct materials for all business unit in Lucas TVS.o Procuring Auto Electrical parts like Alternators, Wiper motors, Starter motor & Compressor motor parts. o Handling 50 lacs of RM procurement like Steel ,Copper & Aluminiumo Handling customs clearance activity & overseas freight o Managing price settlement based on target costo Purchasing aluminium, copper, steel o Handling Plastics, Sheet Metal, Rubber, Forging, Die casting and Electrical Components, Cables and wiring harnesses, Fasteners, Proprietary parts and Consumables. Packing Materials and Insulations. o Acting as a member of Cross Functional Team (CFT) for new product development responsible for planned productionisation of new products, standardizing components and materials for new products and suggesting methods of improved tooling towards product cost reduction.o Handling 40 Overseas suppliers & 40 Local suppliers supplier.

Job Profile Handled.o Alternate source development.o Value engineeringo Company overheads reduction through rationalizations of vendorso Indigenous of Imported Parts & acknowledged for identifying strategic sources for Sheet Metal Components; Springs; Fasteners; Turned , Machined Components & Rubber Components etc.

Job profile handled 1. Essayed a stellar role in attaining 97% of production target. 2.Credited for reducing the cost to Rs 8 lacs per annum on packing materials through alternate source.3.Accredited for minimizing the cost to Rs 7 lacs per annum through value engineering of pressed components.4.Significantly contributed in enhancing the delivery performance of the vendors & Holds the merit of completing the two new development projects.5.Recorded cost saving of Rs 10 lacs per annum in logistics activities & Pivotal in decreasing the incoming rejections from 6% to 3.75%.6.Instrumental in implementing quality systems in in-house and in-vendor end for continuous problem parts.

Supervisor Trainee