
Dynamic sourcing manager with extensive experience at MAGNA AUTOMOTIVE INDIA, excelling in program sourcing and supplier relationship management. Proven track record in cost optimization and strategic purchasing, leading to significant savings. Adept at developing new parts and enhancing processes, while fostering team growth through mentorship and training.
• Lead the program sourcing team as directed by senior management. Responsible to launch and track timing for successful implementation of project and any other KPI’s set forth by senior management.
• Oversees all purchasing activities from Program Purchasing and Quoting perspective.
• Supports the Dedicated RFQ Quote Team and helps prescreen customer quotes.
• Supports quote process to customer and works with global purchasing and product management at early stage of program definition.
• Oversees and coordinate the Program buyers and Core Development Buyers.
• Develop and update process descriptions, reporting features and controlling tools to track status for the Program Sourcing.
• Oversee/Support VA/VE activities for all programs in the launch phase.
• Plan, organize, direct, and control activities related to the purchasing function with the objective of optimizing the total cost of purchases, while selecting the optimal capable source to support the program in all areas.
• Assist in development of a strategic supply chain.
• Identify and develop training opportunities to develop internal candidates for advancement.
• Assist in analysis of new trends in market & technology
• Maintain supplier relationships that are both productive and mutually beneficial while continually searching for and renegotiating cost savings on new sourcing opportunities, with current and / or new suppliers.
• Work directly with strategic purchasing to improve order quantities, payment terms, consignment, supply disruptions and other critical items.
• Work cooperatively with peers to implement consistent policies, procedures, strategies, and reporting.
• Communicate the necessary information to management to assist in decision-making and strategy formulation.
• Responsible for promoting and seeking excellence in all aspects of business.
• Participates in continuous improvement efforts for products, tools, processes and programs.
• Responsible for the adherence of all processes, tools and methods of the program management team to all applicable standards, laws, rules and regulations.
• Vendor selection, assessment and approval.
• Zero Base Cost Estimation
• Lead role in Localization and Development of new parts with quality, delivery and Cost, meeting with the requirements of ISO TS16949
• Additional capacity build up through alternate source
• Planning and procurement of castings, forging, turned & press parts
• Cost reduction through Process optimization and value engineering at vendor ends
• Initiating countermeasures / Kaizens to eliminate the losses
• To support our QED in Preparation of PPAP documents