Assistant Manager Of Product Development
Current• Assigned to purchase LED products and luminaries from the local market as well as overseas.• According to the sales projection and requirement, procurement of the LED products, by considering the stocks, previous months’ sales, and the market situation.• Receive plans from Trade, Projects, E-commerce, and Retails sales projection for PAN India and plan the product purchase quantity & execute the plan with respective vendors.• Timely Procurement as per the Lead Time with the vendor… Show more • Assigned to purchase LED products and luminaries from the local market as well as overseas.• According to the sales projection and requirement, procurement of the LED products, by considering the stocks, previous months’ sales, and the market situation.• Receive plans from Trade, Projects, E-commerce, and Retails sales projection for PAN India and plan the product purchase quantity & execute the plan with respective vendors.• Timely Procurement as per the Lead Time with the vendor in order to ensure an uninterrupted supply of the material. • Coordination with a graphic team to make a timely release of artwork to the vendors against the respective PO.• Review the released PO & contract POs in the SAP S4 HANA.• Release the QR codes against the PO quantity for particular products.• Route the stocks as per the sales requirement of PAN India.• Coordination with Vendor, Production, QA, Warehouse, R&D, Finance, and Freight Forwarders, for cost-effective & timely material availability. • Review the PDI clearance report given by the quality team.• Resolve the product-related issue by discussing the same with the R&D team and Quality Team by taking immediate action.• Planning and budgeting of purchase functions, involving cost estimation, and contract negotiations with vendors.• Develop alternate/new sources from existing sources for old as well as new products as per specification in conjunction with R&D and Quality Dept. & to meet better prices for the same. • Maintain the documents related to purchase like PO copy, Vendor Details, Vendor Master list, Vendor Master Price list, and overseas material accountabilities.• Evaluation of the vendor on a monthly basis to avoid the rush during the material supply. • Responsible for BOM Cost reduction, Productivity Improvements.• Review the monthly/quarterly purchase and sales financial report.• Reviewing the analytical data and submitting the reports to the management. Show less
