Manager
Mahindra & Mahindra Ltd
Total years of experience :11 years, 5 Months
Jun’17 - till date Self-employed, free-lancing, working on passive income opportunities
Price Panel
Key Result Areas:
•Worked out Target cost of Auto-components based on different costing techniques for new part development and finalized price with suppliers
•Negotiated Tool cost based on CFT approach
•Evaluated vendors’ request for price revision, recommended optimum price and prepared final settlement through negotiation
•Implemented cost reduction through value engineering, material price variations in market, availing volume discounts through negotiations with suppliers and developing alternate sources in case of single supplier scenarios
•Ensured the localization of High value item; achieved saving transport cost, negotiation with vendors for other commercial term (i.e. Payment term, FOR Term, etc.)
•Monitored material prices like steel, copper, Aluminum, Zinc and other on periodic basis
Vendor Development
Key Result Areas:
•Discussed design modifications, new product release with R&D for development of components
•Evaluated Engineering drawings and specifications for development and confirming manufacturability
•Managed potential vendor identification and sending RFQs
•Planned development process at supplier’s end and cover all applicable elements and complete documentation
•Shared schedule with suppliers for regular items as per production planning
•Planned for procurement and following up with vendors, transporters
•Followed-up and monitoring of procurement by using SAP online system and prepare action plans on the basis of MRP
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