Senior Manager Of Strategic Sourcing & Procurement
CurrentSupply Chain Management: Formulated and executed supply chain optimization strategies for streamlined and efficient operations. Coordinated with various teams to enhance the entire supply chain process, from beginning to end. Managed logistics, distribution, and inventory control to align with corporate goals. Procurement: Directed the procurement team in sourcing, negotiating, and securing contracts, ensuring quality and value. Instituted and upheld procurement best practices and cultivated robust supplier relationships. Spearheaded initiatives to reduce costs while maintaining high standards in quality and delivery times. Coordinated material procurement in line with customer demands and production schedules for operational excellence. Facilitated smooth collaboration between Supply Chain and Production departments for efficient manufacturing order execution.Strategic Planning: Devised and implemented strategic initiatives in line with the company's goals. Identified and leveraged opportunities for process optimization and cost savings. Proactively identified and addressed potential risks in supply chain and procurement.Vendor Management: Developed and nurtured key supplier relationships, ensuring consistent performance. Conducted regular supplier evaluations and instituted improvement measures as needed. Partnered with vendors to ensure adherence to ethical and sustainability standards.Supplier Upgradation and Material Analysis: Focused on Electrical BU to enhance supplier performance in terms of quality and quantity. Established and monitored PPM targets, guiding teams in enhancing supplier performance. Managed the supplier rating system, focusing on quality, cost, delivery, and performance enhancement.Inventory Control: Set and monitored plant-specific inventory goals, considering various inventory types. Analyzed multiple factors like lead time and customer location to determine inventory targets.