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\n BE + ICWA with 15\- 20 Years of Experience<\/font>\n <\/div>\n
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Responsibilities:<\/u><\/b><\/p>\n \n - Review of CAPEX and OPEX budget and effective monitoring of the same to minimize cost overruns. Track commodity prices and highlight price reduction opportunities with AL vendors\/ devise steel procurement strategy<\/u><\/b><\/li>\n
- Track international commodity prices \/ cost advantage and identify sourcing at cheaper rates<\/li>\n
- Review vendor procurement mix, average credit period , tooling cost amortization \/recovery , Make or buy decisions etc. and highlight opportunities<\/li>\n
- Partner with sourcing team in various initiatives and track savings actually achieved against those initiatives<\/li>\n
- Play key role in negotiations with the suppliers\/ service providers, provide insights into GST savings, customs duty concessions etc. during negotiation process<\/li>\n
- Review inventory level with sub\-contractors & Plant locations including slow\/non\- moving inventory Validate PO amendment ( retrospective price increase, tool cost amortization, volume discount etc.) and ensure accuracy of the same.<\/li>\n
- Review various vendor contracts including service contracts and highlight key risk items such as penalties \/bonus, licensing of software and its usage and implement action plan to minimize the risks. Devise mechanism to track disputes with vendors through vendor reconciliation process \/ query management tool and arrange to resolve the same in a time bound manner ( in the light of MSME Act, Insolvency and Bankruptcy Code etc.)<\/li>\n
- Monitor debit balances in vendor account and work out action plan for recovery<\/li>\n <\/ul>\n <\/div>\n <\/body>\n<\/html>
