Senior Analyst - Procurement
Flextronics Technologies Pvt Ltd
Flextronics Technologies India- Chennai,
Largest manufacturers of electronic items.
Responsible Category – Electronics (IC , Diode, Transistors, Resistors, Capacitor & Inductor) and Electro-Mechanical (Relay, Switch, Connector & Fuse) Component Categories.
Projects/Customers: Nortel (Ericsson), B&O, SEAGATE, CISCO & IBM
End Product : Laptops, Storage Devices, PCBA Boards.
Overall responsible to manage direct Sourcing/Procurement for Penang Factory (Malaysia) and leading a team size of 6 buyers.
Handling more than 350 vendors across the globe (Asia Pacific, Europe & U.S).
Managing t he supplier port folio - Identifying & developing new Supplier/Distributors/Open Market
Brokers to support purchasing strategy.
Monitor and drive performance improvement in areas such as Quality, Cost, Service, Delivery and Technology of
the Supplier base.
Market Analysis ~ to find the broadest set of capable manufactures globally who provide the best product cost,
quality and delivery objectives insuring maximum bottom- line impact
Drafting Request f or Quotes (RFQs) - based on product & marketing specifications
Distributing RFQs to suppliers and managing the process to receive completed quotes
Choosing a final supplier(s) including negotiating the best cost and contract terms.
Managing the supplier relationship on an ongoing basis including holding the supplier to quality and compliance
requirements as administered by compliance team
Developing negotiation strategies to deliver against business objectives and achieve sustainable relationships
with suppliers. This includes periodic re- bidding to insure our costs remain competitive.
Developing risk mitigation strategies including contingency plans, lead- time reductions and supply chain efficiency.
Partnering closely with cross functional teams including the production teams, development, product compliance,
trade compliance, finance, and global suppliers to deliver on brand equity, and customer satisfaction.
Collaborating with other members of the Sourcing team on new products and new sourcing strategies.
Vendor master database maintenance - Manage & create new vendor codes / update / extend the existing
Managing Procurement Functions – Issue RFQ to suppliers, Follow for RFQ response, Timely Issuance of
POs to vendors, Follow for actual delivery of materials, Track Open PO report and complete on time.
Payment Reconciliation - Analyze & take necessary action in order to clear pending payments.
Responsible for Excess mitigation to reduce Inventory Carrying Cost .
Periodically review performance MIS of the function to ensure achievement of all assigned targets, by tracking
each functions, – Productivity levels, Quality levels, APT (average process time) and TAT (Turnaround Time),
Team skill metric level, Absenteeism, Utilization of resources, Business Continuity plans.
Develops objectives and plans for team associates and track performance to annual goals
Perform Appraisals, manages team attrition and motivates team to exceed SLAs
Weekly KPI metrics presentation to Regional Material Director.
Applying FMEA, Kaizen & Lean Six Sigma concept for continuous process improvement.
Developing long term & short term strategies regarding Sourcing, Planning and procurement of Engineering
raw materials and mechanical parts.