Hari Vignesh
Procurement Manager at Crompton
- Role
- Procurement Manager at Crompton Greaves Consumer Electricals Limited
- Location
- Chennai, TN, IN
- LinkedIn followers
- 500 followers
Experience
Procurement Manager
Crompton Greaves Consumer Electricals Limited
Feb 2021 — Present · Goa, IN
Crompton Greaves is one of India’s largest consumer electricals manufacturer with fans division being one of its major business portfolioCurrently handling FG sourcing activities under its fans division• Ensured 100% placement efficiency every month by means of supplies from FG vendors through constant monitoring of vendor EDI• Achieved Rs. 9 Cr cost savings through cost improvement initiatives pertaining to FG sourcing from my respective vendors for the period FY21-22• Communicated proactively with Quality to ensure & control the PDI rejections / PPR % of FG products• Responsible for new product development of fans with FG vendors by means of cross functional alignment with Marketing / Design / Quality• Ensured timely closure of costings to ensure flow of working capital for the suppliers and for our organization in times of commodity fluctuation• Monthly review with the vendors to review on Vendor Scorecard performance and VQP review actualization with Quality team• Ensuring compliance by the updation / availability of legal agreements of FG vendors • Responsible for reporting gross margins to Finance for the sourcing function every month• Coordinated closely with Finance to ensure timely payments to suppliers• Worked closely with external consulting firms (Boston Consulting Group + Ernst & Young) to generate cost saving initiatives & laying out master plan for increasing FG volumes for future by means of identifying opportunities for new FG vendors / shifting inhouse models to outsourced• Equipped with sound analysis of Make vs Buy to identify savings in all aspects (Transportation / Tax / Volume benefits of fan vendors)• Plotted out the forecast variation in the plan offered by our planning team every month to understand & proactively have control over the inventory levels maintained • Developed new suppliers at competitive costs to replace products manufactured inhouse at higher costs and also offering new product portfolio by these suppliers
Education
College of Engineering, Guindy
Bachelor of Engineering (BE), Mechanical Engineering
2010 — 2014
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