Business Materials Head

Role overview

Business Materials Head at Minda Industries

Lead relationship management with vendor partners and actualized BOP cost parameters to enable cost optimization as per PFS Cost targets.

Responsibilities

• Efficient Buying
• Responsible for timely & efficient capex buying related to tools & dies, jigs & fixture & assy line & ensure the budget cost control.
• Evaluate the cost corrections, ECN Cost Impact, VA/VE cost saving idea with internal & external stakeholder as per the budgeted price and take approval from corporate for the implementation.
• Preparing plans for BOP Procurement, Services as per the production plan in discussion with business leaders
• Work with Category Heads to establish viable, cost effective, and strategic sourcing objectives
• Responsible for identifying / shortlisting of suppliers for Sub Contracting & Sub Assy Offloading.
• Calculate the benefits (Off-loading cost saving - In long Terms).
• Co-ordinate with Mfg. & Quality team for the identification for Sub Contracting & Offloading parts / Products
• Support & co-ordinate with the costing cell for PFS Costing verification as per the approved patterns & norms with the category suppliers.
• Risk Management
• Assess new and existing supplier capabilities to meet product, cost, quality, capacity and ensuring suppliers are able to meet requirements for performance, quality, cost and delivery of components and requirements for TS 16949, ISO 14001 and other applicable customer and internal system requirements
• Develop positive relationships and work closely with suppliers to track & manage supplier related information such as supplier development capability & capacity studies, delivery times, product and price ranges
• Ensure timely availability of material by proactively resolving any issues (highlighted by units) and by observing strict adherence to pricing guidelines and vendor SLAs
• Oversee maintenance of Inventory and other related MIS/records
• Supplier capability & Performance
• Scout market information and entrepreneurial companies to identify potential sources and suppliers and provide inputs to the corporate team on emerging market trends, new suppliers etc. for the preparation of procurement policy and guidelines
• Review supplier’s performance indicators in form of QCDD, Supplier facilitate & capability to develop new parts & ability to consistently meet or exceed defined expectations
• Work closely with Quality team to resolve quality related issues with vendor partners
• Specify, develop, and validate advanced technology, quality information and test equipment at Supplied end
• Provide correlation with Supplier facilities and develop product acceptance/test procedures that relate to a complex process (state-of-the-art) or highly complex product
• Competency Management
• Provide leadership
• coordination and coaching to the team
• ensuring they are trained enabling them to achieve the operational and financial metrics within their areas of responsibility and succeed in their roles
• NA
• Hygiene parameters*
• Required Qualification & Experience
• Functional Competencies
• Supply Chain Analytics
• SCM Technology & Process Management
• Negotitation
• Capex Management
• Import and export Taxation,PLI Scheme,FTA etc
• Supplier Relationship Management
• Strategic Sourcing Management
• Manufacturing Process Understanding & Component Costing
• Behavioral Competencies
• Result oriented
• Knowledge & learning
• Time & resource Management
• Commercial Awareness
• People Management

Preferred qualifications and skills

• Bachelors (Industrial/Mechanical Engineering), MBA in SCM Management preferred

Employment details

• Location: UML Casting Bawal [Bawal] [Haryana] [India]

Additional role details

• ROLE DESCRIPTOR CONFIDENTIAL
• ROLE DESCRIPTOR
• Business Materials Head
• Job Title
• Reporting To
• Business Head
• Role Purpose
• Responsible for ensuring timely sourcing & development of materials to meet the businesses operational requirements with adherence to SLAs and cost parameters, scout market to identify new suppliers for New Project and drive negotiations with vendors to achieve the budgeted cost target.