Product Manager

- Responsible for Capex purchase to support Green field/ Brown field expansions as per MTP plans, responsible for identifying vendors, negotiate, execute contracts and ensure timely delivery at cost within budget.

- Strategize sourcing for Profiles, Hardware and other commodities to have long term partnership with vendors and achieve best performance in QCDV metrics

- Negotiate and finalize contracts with suppliers / vendors / service providers on pre-defined frequency

- Monitor timely material planning activity

- Achieve material availability target at DIFTO > 95% and 100% in full

- Strengthen purchase & delivery systems to ensure adherence to purchase budgets

- Ensure achieving the <100 ppm in incoming quality rejections

- Responsible for monitoring vendor DIFOT & share DIFOT to supplier and VD team

- Responsible for vendor creation and ensuring monthly, quarterly, & annual meetings

- Facilitate quarterly review of vendor capacity utilization & mapping the same with the procurement budget as per AOP & MTP & align vendor development

- Responsible for analysing and preparing Inventory norms for AOP & MTP

- Ensure monitoring and controlling of the inventory as per inventory norms

- Facilitate monitoring inventory ageing & preparing and executing the liquidation plan

- Ensure controlling of variable costs and benchmarking of costs from market for the same product

- Facilitate preparing & updating the cost structure for every product purchased in the BOM

- Ensure achieving the budgeted procurement cost and constantly reviewing the procurement costs and work on reduction

- Ensure upgradation of existing processes and adherence to SOPs with improvement in processes and increasing the manpower productivity

- Ensure upgradation of Vendor capabilities

- Ensure monitoring the payable ageing and preparing cash flow for the projects, monitoring and adhering to plans

- Facilitate monitoring and reducing supplier invoice submission TAT

- Ensure resolving issues of supplier payments and arrange timely resolutions

- Ensure implementation of Best industry practices in Procurement

- Ensure development of team with continuous reviews & mentoring

- Ensure adherence to P2P processes