About the role
Initiate and monitor cost reduction drive with the supplier for project-based and YoY to achieve cost reduction and be competitive in the market
Consistently create cost effective supplier base and overcome single supplier dependencies
BOM analysis for cost contributors and initiate cost reduction program
Timely working out the latest Product cost and sharing with the Deal desk for bid/quote to customers
Periodic updating of the product BOM cost for the latest parts cost and sharing reports with the Deal desk
Conduct period supplier audits and supplier rating
Measuring, Monitoring & Improving the suppliers' performance on Quality, Cost & Delivery