Premkumar Chandran Email & Phone Number

Bengaluru, Karnataka, India

Chennai, Tamil Nadu, India

• In the corporate Central functions for Technology, Cost Analysis Center, lead cost reduction pilots across product lines and offer expertise in Project Navigation, cost analysis, Value Engineering, and Should Costing.
• Managing cost reduction initiatives in the Danfoss Power Solutions (DPS) segment. Leading a team of VAVE engineers and cost engineers to execute cost-saving projects across segments to meet year-over-year goals.
• Analyzing comprehensive spend data to formulate strategies for category management such as dual sourcing, localization, consolidation, cost reduction, and risk mitigation.
• Perform potential mapping, pinpoint opportunities, conduct cost reduction pilots, facilitate idea generation workshops, evaluate ideas, and monitor implementation.
• Responsible for implementing cost down approach, tools and process across the segments.
• Develop Strategy & execute the savings pipeline by closely working with category management and divisional procurement leaders.

Chennai, Tamil Nadu, India

 Responsible for achieving cost down targets on existing products through Value engineering  Achieve variable cost targets in new products through design to cost approach. Run cost down projects on identified products to maintain or improve contribution ratio. Maintain and continuously improve tools and process for cost down. Train team members on.

Chennai, Tamil Nadu, India

Chennai Area, India

Key Deliverables:  BOM analysis to identify high value and high spend parts  Value study on high value and high spend parts as per 7steps value methodology. Explore new cost reduction opportunities using value study, benchmarking, and teardown analysis. Conduct internal and external (Vendor) cost reduction workshop to generate new cost reduction.

Chennai

Key Deliverables:  Studying the STAGE I drawing released for proto building and provide feasibility after discussing with supplier. Supplier selection, early supplier involvement to develop tooled up components for projects. Sending RFQ to the selected suppliers and get the quotation Price negotiation and process finalization with the supplier..

Hosur Area, India

Key Deliverables: Developing parts from sample stage to pilot lot stage. Supplier selection, early supplier involvement to develop tooled up components for alpha, Beta and mass production vehicles. Zero based costing and teardown analysis of proprietary parts. Price negotiation with supplier to meet the target cost. SAP based activities like material.

Ranipet, India

Key Deliverables: Studying customer component drawings and designing suitable gear cutting tools.. Individually handling the design of Shaper cutters and Master gears. Preparing production process sheet for manufacturing of tools using AUTOCAD and design software’s. Interacting with customer regarding any technical queries. Individually handling all.

Executive Course, Advanced Strategic Management

Master Of Science (Ms), Manufacturing Management

Bachelor Of Engineering (Beng), Mechanical Engineering