Krishnamoorthy PARAMESWARAN

• Responsible for Vendor Development Purchasing and supply chain - Streamlined vendor selection process, resulting in improved quality and reduced costs.
• Drives purchasing to reach KPI and systematically liaises with global platform sourcing strategy - Implemented strategic sourcing initiatives, resulting in increased efficiency and cost savings.
• Defines and implements site purchasing performance in line with the Budget for technical/resourcing materials - Optimized purchasing processes, resulting in improved budget adherence and timely delivery of materials.
• Ensure strict follow-up and compliance of the supplier operational data (pricing, chargeback, litigations) - Implemented a robust supplier management system, ensuring accurate and up-to-date operational data and minimizing financial risks.
• First interface in front of supplier crisis (quality, delivery, commercial) - Successfully resolved supplier crises, minimizing disruptions to production and maintaining strong supplier relationships.
• Supports periodical report preparations, analysis, creation and follow-up of related action plans, Participates in 3rd party audits, visits and related activities when needed.

End-to-end supply chain :

Responsible for customer service rate and supplier service rate OTIF.

Customer Demand Arbitration-based production planning and Procurement through MRP run schedule release to suppliers.

Materials Planning Purchasing and maintenance of Optimum Inventory Level

Encompassing demonstrated excellence in implementation/adherence to IATF TS 16949, QS 9000, ISO 14001, PPAP Kaizen and LEAN Manufacturing.

Experience in minimizing performance bottlenecks for achieving high productivity with optimum Inventory level.

Excellent analytical, problem solving & organizational skills.

Expertise in SAP function.

Physical flows warehousing inventory management both customer and supplier parts with continuous improvement in digitization of supply chain processes like

• e Kanban e Reorder Barflow e Built-to truck and smart warehousing applications and solutions.

• Management of customer schedules delivered based on Delivery indent.
• Demand Arbitration of customer schedules in the master production schedule.
• Customer supports on-time delivery managing optimum warehouse stock.
• Supplier schedule Management and supplier capacity periodic assessment.
• Monitoring of material issues to the production line/line feeding based on the FIFO controls.
• Managing overall operation of the entire Supply Chain from Customer Schedules to Delivery within the cost and stipulated time
• Developing and managing strong cross-functional relationships with departments external to Purchasing to achieve strategic program goals and improvement opportunities while ensuring program milestones are achieved and program timing is met.
• Responsible for Logistic Cost Control.

• Responsible for production and Non-Production purchases
• Key deliverables Supplier Quality Cost and Delivery
• Effective management of tools and spares ensuring foundry operations managing breakdown and planned maintenance.
• Leading Steel scrap and key raw material Auctions/bidding with various sources.
• Supplier price negotiations and contract management.
• Vendor Evaluation Audits and managing Panel selections based on the key criteria.
• Alternate / Dual sourcing strategy for key components.
• CFT Member on Costing, VA / VE, and Cost Savings projects.

Localization of small engine components used in the lighting tower and tillers.

Responsible for developing KD parts of Mitsubishi Japan.

Conducting vendor visits to ensure the timebound delivery and managing price & technical negotiations and vendor process.

Overseeing follow-up with vendors for release schedules, quality checks & timely payments to vendors.

Supplier Evaluation Audits to bring them into the Vendor Panel through assessment covering background verification on the Financial Stability Management commitment towards Organisation strength Vision Mision and Policies.

Production planning and control for the upstream and downstream operations

Subcontracting management of special treatment.

Coordinating with the Production, Maintenance, and Finance departments in the preparation of Budgets.

Monitoring receipts of raw materials from the suppliers.

Monitoring of issues to the production line on a FIFO basis.

Ensuring KANBAN-based supplies to Customers.

Ensure Inventory controls (Perpetual & Physical Inventory)

Create Systems and Standard Operating Procedures for store management & Procurement related activities.

Ensure Vendor rejections have been accounted for properly.

Purchase order approval & Amendments verification.

Prepare and Present MIS related to Stores Management, Cost reduction Projects, and VMI Status.

• Localization of Special Steels.
• Technical discussion on the mechanical properties and chemical composition with the core team involving Quality Engineering in arriving at the Technical delivery conditions.
• Local supplier Process study benchmark study with the import supplier ensuring no deviations in the Process.
• Equipment and Facility audit and people competency assessment.
• Knowledge sharing session on the past incidents failure analysis and its countermeasures.
• Sample preparation with the presence of the CFT team at the supplier.
• Customer Communication on the Change Management and Follow-up of the Approval process in coordination with the Customer representatives.
• Sourcing Milestone follow-ups managing Specific Requirements in terms of Packaging, Transportation, Delivery, Quality and Capacity confirmations from Suppliers.
• Resulted in Savings of 40% (Base price reduction, Freight and Duty clearance).
• Avoidance of BIS regulation impacts in the importing and related Customs clearance difficulties.
• Avoidance Ministry of Steels Technical Committee waiting time on the exemption declaration.

• Consolidation of shipments weekly basis from Europe.
• Single containers have multiple supplier shipments stuffed together to avoid excessive sea freight and multiple handling transportation charges.
• Aligning all the supplier requirements divided into weekly demand and packaging definition by the weekly bucket pick-up coordination with the forwarder.
• Container loading consolidation and execution.
• Cost reduction benifted 20% less than previous.
• Frequency of weekly shipments arrival helped to control the inventory at the optimized level.
• Direct port delivery made possible as no CFS movement required like LCL shipments.

Two-time winner of the OES

Business Influencer Awards, hosted by TATA Business Trends to recognize local businesses that stand out as influential.