Managing overall procurement of raw material, capital goods, spare parts, packing materials, consumables & project requirements, Imports of spares etc.
Budgeting and planning the funds for procurement and sourcing of materials ensuring optimum utilization of materials & maximum cost savings.
Streamlining the system and procedures for effective inventory control for ensuring ready availability of materials to meet the production planning.
Steering strategic sourcing through identification of cost effective vendors/suppliers for procurement with an aim of reducing cost while improving quality & reliability.
Assessing performance of the vendors based on various criterion's such as percentage of rejections, quality, timely delivery, price, packing etc.
Carrying out vendor localization/ indigenization for curtailing costs of materials as well as negotiating the terms of credit with vendors as well as the cost of material required