Purchase and Procurement:
Responsible for entire Procure to Pay Process.
Ensure streamlined delivery of products & services through a carefully selected list of suppliers.
Coordinate with Intercompany factories/vendor for procurement and follow up for expediting shipments and timely shipment document availability
Maintain strong business relationships with the vendors.
Periodically review existing supplier agreements
Reviewing open purchase orders
Reviewing reports for stock outs and expediting open orders
Monitoring price increases and communicating changes as necessary
Develop closer collaboration with key suppliers to leverage the sharing of operational knowledge, inventory management and demand bundling to achieve valued added frame agreements and lower costs.
Planning & Inventory Management:
Streamlining the system and procedures for effective inventory control, thereby ensuring ready availability of products to meet customer demand.
Ensuring optimum inventory and effecting efficient inventory controls of all input materials through monitoring of stock and reorder levels without hampering the customer service levels.
Responsible for incentive reduction, increase inventory turns and improved order-to-delivery results across Commercial and supply Organization.
Responsible for managing the design, development and implementation of well-balanced, cost efficient inventory strategies for both purchases and distribution of products.
Plan, direct, control and manage the supply chain to ensure that the order fulfilment rate is balanced with service, delivery and stock performance.
Identify and resolve supply chain constraints that require the ability to work across cross-functional areas and facilitate quick decision making.
Incumbent expected to coordinate planning efforts, ensuring alignment between commercial and manufacturing unit, and planning goals & objectives, while delivering high quality forecast.
Skills, Knowledge and Experience
Hand on working knowledge of SAP MM Module
Should have good knowledge and experience in material planning and inventory management
Experience in vendor management to consistently improve performance and quality.
Monitoring and controlling key metrics like
o Inventory turn (cost of sales/average inventory in a given period)
o Dead Stock Management / Slow moving
o Forecasting /Demand planning
o Incoming Quality
o Lead time
o Sourcing savings
o LOTC etc
Should have strong numerical ability.
Innovative and ability to take challenges
Good Analytical skills
Excellent oral and written communication and coordination skill