Purchasing
CurrentActing as a Senior Purchasing Agent for both the companies, Sigma Tool & Machine & Falcon Fasteners are leading manufacturer of T-Nuts, machines to insert it & all different kind of nails respectively. Both are ISO 9001 certified, highly professionally managed companies, they are global, market leader for high quality special furniture & house building fasteners and accessories from last 45 years. Combined turnover of both the companies is over 30m US$ per annul. Job profile and major responsibilities were: - Responsible for all purchasing of materials and services, equipment and supplies for the organization, including major contracts and capital equipment.Determined proper sources of supply for most economical purchases and place orders, with the responsibility for prices, quality and on-time delivery.Successfully negotiate with suppliers for the purchase of materials to ensure lowest total costs without compromising quality.Interact with a wide range of suppliers on quality, delivery and invoice issues to satisfy both parties.Review purchase requisitions and communicated them to suppliers to successfully meet special requirement of requisition.Reported directly to the Operation Manager and General Manager.Located new sources of supply as necessary, kept abreast of changing trends in prices or availability of materials and recommended necessary actions to ensure a continued flow of materials to meet production and sales requirement.Worked directly with the internal departments such as production, Sales, Marketing, Engineering, Accounting and Customer Service.Reduced Vendor base from 200 to less than 100.Implemented Lean inventory systems and cost reduction programs that saved the organization $ 50,000 + annually on purchases of $ 4 M