Virender Dhiman

• To conduct in depth spend analysis for different vertical domain of manufacturing and identify the opportunities of Supplier
rationalization, Cost reduction, NPD, Alternate sourcing, VA/VE .
• Managing a supplier base of Approx - 250 supplier and spend of around 80 Million USD.
• Responsible for Supplier evaluation, Selection, Audit, Costing, PSW, SLA, Price increase and decrease settlement.
◦ Spearheaded procurement, Fabrication Outsourcing and Contracting, Capital, Project & Revenue items, Equipment & Spares, Bulk
Materials and Miscellaneous Systems
◦ Managed systems / processes: Key Commodity Management, Supplier Categorization, Supplier Qualification, Management of Strategic
Suppliers, RFQ to Commercial Award, Suppliers on Time Performance Measurement, Suppliers Performance Rating (QCD Analysis/
NCR), Product Cost Reduction Program & Claim Management for Suppliers
◦ Implemented Product Cost Reduction Program including value engineering, alternate material selection, low-cost supplier selection,
thereby reducing equipment cost.
◦ Monitored, evaluated, and ensured continuous improvement in all aspects of performance including cost, quality, service levels, billing
practices and so on
◦ Implemented and maintained quality Strategic Sourcing tools and processes to facilitate sourcing and deliver cost savings and value
added benefits.
◦ Supervised commodities, Market, supplier and initiated proactive action to safeguard the organization interest Interaction &
coordination with SCM team.
◦ Drove KRA through risk assessment, Supplier consolidation, new supplier identification, new steel grade development for
improvement and quality & cost saving.
◦ Developed new products, made budget, supply chain sheet, Development plan, Cost estimation and ensured manufacturing feasibility
and vendor selection as per company norms.
◦ Established primary data analyses & methodologies to drive clear decision support related to vendor selection, products, and medical
supplies.
◦ Cost finalization of tools and child parts & KPI

heading Procurement division and leading development of components and cost reduction activities

Sr.Manager - Purchase and vendor development

Sr Manager Procurement

Sr Manger Procurement

Manager - Mechanical development

Asst Manager Procurement

• Responsible for managing existing vendors for regular supplier and covering material shortages.
• Product development, vendor selection, Component costing
• Ensuring the gross margin for products by Hedging, Backward integration, Tie Ups for technology.
◦ Implemented Product Cost Reduction Program including value engineering, alternate material selection, low-cost supplier
selection, thereby reducing equipment cost.
◦ Drove KRA through risk assessment, Supplier consolidation, new supplier identification, new steel grade development for
improvement and quality & cost saving.
◦ Developed new products, made budget, supply chain sheet, Development plan, Cost estimation and ensured manufacturing
feasibility and vendor selection as per company norms.
◦ Followed up with supplier for regular and new product parts and fulfilled all requirements of plant up to IPC (Initial process
control) as per NPD business process.
• Responsible for China vendor selection and sourcing for new products.
• Working on Zero based costing for all major commodities- Sheet metal, Fabrication, Casting, Plastic molding, Extrusion, Copper
parts, Brass components, Silver plating, CNC turret parts, Raw material buying- MS, Aluminum, copper, SS .
• To give value engineering and value analysis Suggestions for cost reduction & approval from CFT & implementation.
• New Child Part Development as per customer spec & requirements.
• Coordination with Finance and Department for the timely payment of Suppliers.
• Support global sourcing teams to develop the business case to justify LCC transfers by providing timely data. Quantify & demand
the cross-functional resources necessary to execute.
• Lead joint negotiation and completion of contracts with the suppliers to maximize benefits across the Company.
• Responsible for the overall management of supplier performance, cost, quality and delivery to meet company objective.
• Multi sourcing of suppliers for risk management & risk mitigation by generating capacity before demand.
• Costing of Components, Sending RFQ and negotiations with suppliers.
• Responsible for Development of sheet metal, plastic, rubber components, casting, and process establishment for a quality product
and reduction in manufacturing time.
• Machine hour rate calculation, price increase / decrease as per market scenario.
• Planning & scheduling of materials and follow up for the same with vendors.
• Classification & Comparison of vendors on the basis of Quality, Schedule Vs. Supply & Premium Freight etc., Release of purchase
order & schedule and price amendments on basis of material requirements sheet.
• Evaluating and developing vendors. Procurement and development of engineering parts & Site inspection planning, Material
planning as per production planned. Supplier issues related to payments and others.