Job title (Position Name) Sourcing Head
Department Purchase Division Purchase
Job Responsibilities
1. New vendor development, Process costing of parts,
2. New parts development in Sheet Metal, Plastic/Rubber, Steel casting, Al Extrusion, Spot Welding, Projection Welding, Hot/Cold Forging, Gear Parts, Tubler Parts, Sleeve Extrusion, CNC/VMC/TMC Machining, Sintered, Troub Parts, Sliding Head, Al Casting, PP Fibre Non-woven Fabric, PSF Fibre Dope Dyed, Low melt, Fleeze Fabric, TP/CP Felt, Shoddy/cotton waste, PSF Fibre White
3. Managing entire RFQ management along with feasibility commitment with potential suppliers
4. Performing techno commercial activities like costing on the basis of ZBC then negotiation & finalisation with suppliers
5. Cost Estimation ZBC of Components like Sheet metal/ Plastic/Rubber/ PDC/Sintered/Iron Casting /Machining/
6. Fasteners/ Springs etc.
7. Following up with vendors for regular supply and vendor visits on weekly basis regarding supply criticality
8. Executing dept. budget controlling and forecasting, budget making for existing and new upcoming projects.
9. Costing & Price negotiation. Managing of quotations from multiple vendors.
10. Creating & Managing technical sound vendor base with enough capacity to ensure smooth production with optimum inventory levels as decided by the company.
11. To work and manage product development projects , cost down project , cost saving project VA/VE, yield improvement in components.
12. Technical development of new plastic parts / sheet metal., PLASTIC Raw material for Plastic injection moulding.
13. Monitoring raw materials price. & planning the right sourcing qty at right times to save cost.
14. Nagotiation of raw material , settle down & supply agreements with suppliers.
15. Achieve Annual / quarterly cost reduction targets effectively.
16. To work out the price impact of BOM and control of inventory level as per the MSL fixed by the company.
17. Continuous evaluation and up-gr