IBC TANK HOPE DRUMS AND MS.DRUM

Procurement / Sourcing: • Identifying, developing & maintaining local / overseas vendor base for obtaining timely procurement of materials at favorable terms to ensure smooth manufacturing operations.• Preparing purchase schedules for procurement of key & critical raw material & spares. • Inviting offers from vendors/contractors as per requirement and awarding purchase orders/work contracts after negotiation. Vendor Development: • Identifying & developing quality vendor/supplier base for cost effective procurement of materials.• Preparing Annual Rate / short term rate contracts with vendors for stockable items and timely renewal of contracts after complete review.• Taking adequate measures like conducting audits to monitor, analyze & control the performance of vendors pertaining to cost, quality and delivery norms. Cost Saving Initiatives/ MIS: • Efficiently using inventory management system and procedure for effective stores management and inventory control for ensuring ready availability of materials.• Implementing inventory control measures to reduce obsolete stock keep tab on slow-moving items and achieve reduction in inventory management cost. • Formulating MIS reports relating to material management, cost savings / vendor Quality Assurance operations & transmitting them to the top management for facilitating the decision making process.• Responsible for allocation / transfer of stocks, conducting routine inspection to ensure reconciliation of physical stock at the warehouse.• Making monthly cost saving reports and other qualitative & quantitative reports from SAP for Management strategic decision making