AM​/DM BUYER ELC

Responsibilities:
Costing, Negotiation and Sourcing for New Model parts as per the costing targets and sourcing timelines.
Monitor development timelines and ensure development inline with New Model Trials planned
-ordinate with different stakeholders within the company.
Working for cost reduction through various activities such as VA-VE; yield improvement, inner parts localization, price negotiations and other such cost reduction ideas etc.
Procurement of parts in OE for different trials, initial mass production stage and procurement for initial phase of spares supplies.
Supply de-risking through alternate source introduction, localization, multiple plants lines etc.
MIS reporting activities, budget making and monitoring, vendor capacity assessment etc.
To support in resolving quality issues, controlling defects during development and mass production.
Rationalization of vendor layout based on Business Over Time.
Ensuring Business continuity plan with existing vendor base by achieving comprehensive excellence ck global semiconductor demand vs supply and anticipate future crisis and take countermeasures for the same .
Better if with prior

Experience of purchase in Consumer Electronics Industry e.g. LG Electronics, Samsung, Sony, Phillips etc.