To monitor and execute vendor development activities related to tensioner development project and allied activities

Duties and Responsibilities

Development of New Vendors for New Component of Casting/ Forging / Injection moulding / Stamping / Sintering / Machining / Over-mold Seal/Spring Parts related to Belt Drives System
Periodic follow up with Vendors for sourcing of Material/ components from Vendors
Materials Management Planning Scheduling and Inventory Management etc
Work on Materials Cost Reduction
Materials Planning Reviewing optimizing the capacity at Vendors end to reduce Inventory
PPAP for new parts development and TS procedures
Identifying and developing potential vendors for achieving cost effective purchases of materials; reduction in prices & timely delivery
Monitoring of BOM Cost of New/ Existing Product initiate measures to optimize the same
Workout on the Cost Reduction Plans to ensure Cost Benchmarking
Assessing performance of the vendors vendor rating based on various criterions such as percentage for rejections quality improvement timely delivery credit terms etc
Promote Innovations at Vendor's End to ensure Productive Use of resources
Improving supplier performance management Ensuring supplier compliance for key regulations & standards Establishing continuous improving across the function driven through adopting best practice & Lean
Achieve goals within budget

Lead VD - Tensioner Development & Allied Projects

Job Description