Dgm Purchase
• Delivered significant cost savings through standardization of tools, annual negotiations with suppliers, alternate vendor selection for within targeted categories – Tooling/Dies & Moulds/BOP/Capital items/Spares & Consumables/AMC/Raw material• Handled Central Purchase of all three plants located at Gurgaon/Bhiwadi/Ludhiana which included vendor selection, final price negotiations and giving approval for order placement to local team• Leveraged cross-functional resources to qualify alternate sources of supply across categories that were previously single-sourced, ensured cost competitiveness and a robust business continuity plan.• Negotiated with vendors in terms of cost, quality, commercial terms and time of delivery• Followed up vendors for purchase order status and created RFI, RFP, RFQ and proposals• Coordinated the return of parts to vendor which do not meet the required specifications• Contacted freight forwarders for import shipments, compared and checked freight costs, reviewed import documents and worked closely with custom broker in getting the import shipments released and get the material in house• Played key role in development of new parts and related projects• Participated in the Value Analysis and Engineering processes to achieve cost reduction goals.• Drafted action plans and held meetings with team to review proposed changes and implementation plans.• Updated senior management of cost improvement opportunities and implemented them after approval.• Conducted supplier qualification surveys, identified and assessed risks to ensure quality of delivery and material, implemented supplier development and recognition programs.