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Procurement Manager
2 months ago
- Monitor timely material planning activity & meeting of SA - Achieve material availability target at >
95% and 100% in full
- Strengthen purchase & delivery systems to ensure adherence to purchase budgets
- Ensure achieving the < = 500 ppm in incoming quality rejections- Responsible for monitoring vendor DIFOT & share DIFOT to supplier and VD team - Responsible for vendor creation and ensuring monthly & annual meetings - Facilitate quarterly review of vendor capacity utilization & mapping the same with the procurement budget as per AOP & MTP & forward to VD as per vendor capacity requirement- Responsible for analyzing and preparing Inventory norms for AOP & MTP - Ensure monitoring and controlling of the inventory as per inventory norms - Facilitate monitoring inventory ageing & preparing and executing the liquidation plan- Ensure controlling of variable costs and benchmarking of costs from market for the same product - Facilitate preparing & updating the cost structure for every product purchased in the BOM - Ensure achieving the budgeted and actual procurement cost ratio and constantly reviewing the procurement costs and work on reduction and up gradation of vendor capability
- Ensure up gradation of existing processes and adherence to SOPs with improvement in processes and increasing the manpower productivity- Ensure monitoring the payable ageing and preparing cash flow for the projects, monitoring and adhering to them - Facilitate monitoring and reducing supplier invoice submission TAT - Ensure resolving issues of supplier payments and arrange timely resolutions
