KRA- AccountabilityWhat do I want to achieveKPI & how do the incumbent achieve itInventory Management Controlling the Inventory (Department-wise)Optimizing PR TO GR time Defect rate (including quality & Specification issues)Adherance to the Lead time (on-time delivery)Reduction of non-moving and slow moving itemsCost Efficiency / savings on multiple dimensionsOverall cost effectiveness & SavingsOverall savings generated over LY (in commercial terms)Savings genrated on individual items (A & B value) over last yearOverall understanding of PRPR to be discussed with PR generatorVendor Management & Development Increasing the no. of SuppliersDevelopment of alternate vendors barring OEM supplied itemsPerformance of new vendorsOverall supplier PerformanceMultiple Quotations for each purchase (A & B cat.) barring OEMsAuditVendor Audit (Ledger Confirmation etc. )Building Vendor relationshipDeveloping curtious relationship with vendorRelationship building with vendors under multiple touchpoint alongwith escalation matrixShutdown & maintenance activitiesShutdown / maintenance - budgeting of cost & delivery timeCoordinating with Plant on upcoming maintenance & shutdown objectives.Finalising specifiactions in coordination with Plant & vendors. Timely placment of order. Ontime delivery of materialsPower Purchase Efficient power bidding in open access /Availability of uninterrupted power supply Payment to vendor as per MoUReducing the power cost Tracking and monitoring the overdrawl and underdrawl New legislationsNew legislations / laws including changes in State tariff policyMarket intelligenceAddition of new Power vendorsVendor developmentCoal Procurement Coal procurementProcutrement of coal within agreed timelineTimely participation in different coal auctionsVendor developmentMarket intelligenceInternal Audit
experience
25 ... KRA- AccountabilityWhat do I want to achieveKPI & how do the incumbent achieve itInventory Management Controlling the Inventory (Department-wise)Optimizing PR TO GR time Defect rate (including quality & Specification issues)Adherance to the Lead time (on-time delivery)Reduction of non-moving and slow moving itemsCost Efficiency / savings on multiple dimensionsOverall cost effectiveness & SavingsOverall savings generated over LY (in commercial terms)Savings genrated on individual items (A & B value) over last yearOverall understanding of PRPR to be discussed with PR generatorVendor Management & Development Increasing the no. of SuppliersDevelopment of alternate vendors barring OEM supplied itemsPerformance of new vendorsOverall supplier PerformanceMultiple Quotations for each purchase (A & B cat.) barring OEMsAuditVendor Audit (Ledger Confirmation etc. )Building Vendor relationshipDeveloping curtious relationship with vendorRelationship building with vendors under multiple touchpoint alongwith escalation matrixShutdown & maintenance activitiesShutdown / maintenance - budgeting of cost & delivery timeCoordinating with Plant on upcoming maintenance & shutdown objectives.Finalising specifiactions in coordination with Plant & vendors. Timely placment of order. Ontime delivery of materialsPower Purchase Efficient power bidding in open access /Availability of uninterrupted power supply Payment to vendor as per MoUReducing the power cost Tracking and monitoring the overdrawl and underdrawl New legislationsNew legislations / laws including changes in State tariff policyMarket intelligenceAddition of new Power vendorsVendor developmentCoal Procurement Coal procurementProcutrement of coal within agreed timelineTimely participation in different coal auctionsVendor developmentMarket intelligenceInternal Audit
experience
25 
