Mayank Pokhriyal

• Develop and implement effective sourcing strategies aligned with business goals to ensure supplier capability and capacity for current and future requirements.
• Lead annual cost reduction initiatives through VA/VE, benchmarking, elections, and negotiations.
• Conduct 4 successful eAuctions in FY'24, achieving competitive pricing and significant cost savings.
• Minimize single-source dependency by introducing alternate suppliers, ensuring supply chain security and cost effectiveness.
• Oversee spend analysis and annual procurement planning (APOP) to track budgets, optimize supplier performance, and forecast savings.
• Conduct internal procurement audits to ensure compliance with company policies and standards, minimizing risk and improving processes.
• Manage procurement of key commodities like plastics, stainless steel, zinc, brass, and PVD with a focus on supplier consolidation.
• Maintain a 95%+ supply adherence rate, ensuring on-time material availability to avoid monthly sales loss.
• Supervise multiple projects simultaneously, ensuring timely execution while collaborating with cross-functional teams.
• Improve supplier relationships by consolidating vendors and aligning mutual growth objectives.

• Executed value engineering projects to meet cost-saving targets and enhanced product localization efforts.
• Localized 90% of an imported product model, contributing to 40% of total sales in the segment.
• Developed and negotiated cost-effective supplier agreements using tools like ZBC and benchmarking analysis.
• Sourced new vendors for domestic manufacturing, reducing lead times and improving supply chain flexibility.
• Partnered with marketing teams to introduce new products and expand the existing portfolio, addressing portfolio gaps.
• Coordinated with international and domestic suppliers to meet marketing demands and product launch timelines.

• To handle and maintain quality at various stages of production
• To check the incoming and in-process quality and maintain records
• Get involved in new product development to check the quality and get it approved
• To attend customer complaint and resolve it