Material management – Effectively managing the inventory and the stores as per the ISP (Inventory, Sales and Production) projections for ensuring ready availability of materials. Material procurement and Purchase planning, ensuring continuous supply at optimum costs.Vendor development – Strengthening existing vendor source and developing alternative source of supplies. Evaluating and negotiating with vendors for price and various other terms and conditions. Assessing the performance of the vendors based on various criteria such as Quality ,technology improvement rate , timely delivery, credit terms etc. Ensuring adherence to quality standards for all incoming materials.