Loyal Infoservices Private Limited
Location
Delhi | India
Job description
- Develop new and potential vendors while streamlining existing ones to enhance the supply chain's efficiency.
- Drive Design for Manufacturability (DFM) changes with suppliers to reduce costs and lead times.
- Execute annual and strategic plans with supporting strategies in line with organizational goals.
- Lead DFM opportunities with suppliers in collaboration with Engineering and Process functions.
- Manage Category and Commodity Strategies including spend analysis, benchmarking, cost, market analysis, and tracking global technology/economic trends.
- Develop and manage relationships with key supplier leaderships to ensure strategic alignment and mutual growth.
- Align sourcing strategies with Product Management, R&D, Operations, Finance, and Quality departments.
- Oversee the supplier selection, RFQ and RFI process, negotiation, contracting, and performance evaluation through Supplier Scorecards.
- Implement effective sourcing supplier risk assessment methodologies to ensure supplier continuity.
- Improve working capital through payment terms extensions, payment cycle optimization, and inventory/lead time reductions.
Job tags
Salary
