Madhuresh Kumar

• Price negotiation with vendors & set up bidding process, Vendor Management
• Handling team for preparation of Request for Quotation, PO & Bills of Shipping Material
• Price set up & Bill generation for New Introducing Products to set forecasted cost in SAP (EGP, CFE) system & ORACLE (R12) system.
• Handling team for Royalty PO creation & Bills Payment verification for software used in Mobile Devices according to contract with vendors using SAP (ARIBA System)
o Reconciliation of Vendor’s payment for hardware parts used in Mobile Device as per quotation
o Product cost analysis on the basis of LOS (Line of site), Plan spend, Target spend, Gap measurement between Planned & Target cost/spend, Preparation of Cost Trend
o Various reports creation for Cost Reduction e.g. Spend Saving Report, Product Demand Report
• Active Participation in Global Quarterly Product forecast meeting with Commodity Managers