Head Of Department - Procurement
Portescap was part of the Industrial Technologies Group of Danaher - Fortune 500 MNC company (Now part of Altra Industrial Motion) and is a global leader in motion critical applications offering mini motor product portfolios in the industry, encompassing Brush DC motors, Brushless DC motors, Stepper Can Stack motors, Linear Actuators, Disc Magnet motors and Hybrid Stepper motor technology.My Role as a Head of Purchase was to Provide leadership to procurement team, managing procurement… Show more Portescap was part of the Industrial Technologies Group of Danaher - Fortune 500 MNC company (Now part of Altra Industrial Motion) and is a global leader in motion critical applications offering mini motor product portfolios in the industry, encompassing Brush DC motors, Brushless DC motors, Stepper Can Stack motors, Linear Actuators, Disc Magnet motors and Hybrid Stepper motor technology.My Role as a Head of Purchase was to Provide leadership to procurement team, managing procurement for Portescap India site, Driving inventory reduction, Conducting supplier risk analysis and implement risk mitigation strategy, improving supplier relationship.Achivements:1. Trained and developed new team of 12 buyers in procurement function managing 4000+ parts & 350+ suppliers located in Switzerland, Germany, France, China, Singapore, Malaysia and USA.2. Implemented KanBan based procurement process enabling visual control over material status3. Played key role to improve On time Delivery to end customer above 90%4. Reduced inventory by $590K USD by implementing vendor stock program with top key suppliers5. Achieved price reduction of annualized $80K USD by negotiation and productivity improvement at supplier end in 20106. Ensured SOX compliance processes within procurement function without any qualification Show less