Santhosh Kumar Bashetty

• Sourcing Strategy Development: Develop and implement sourcing strategies aligned with new product development goals, considering factors such as cost, quality, availability, and supplier capabilities.
• Supplier Identification and Qualification: Identify and qualify suppliers capable of meeting the requirements of new product introductions. Conduct assessments to evaluate suppliers' capabilities, quality systems, and capacity.
• Negotiation and Contracting: Lead negotiations with suppliers to secure favorable terms and conditions for materials and services required for new product introductions. Draft and execute contracts to formalize agreements with selected suppliers.
• Cost Management: Drive cost management initiatives to optimize total landed cost and achieve cost reduction targets for new products.
• Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure alignment with business objectives and promote collaboration for continuous improvement.
• Risk Management: Proactively identify and mitigate risks related to sourcing, supply chain disruptions, and supplier performance that could impact new product introductions.

• Implemented strategies to enhance Supply Chain efficiency resulting in improved performance metrics like PR-PO ageing reduction, increased inventory turnover rate while minimizing stock-outs and lowering logistics costs.
• Efficiently supervised the procurement process for a wide variety of products such as detail parts, MSPs, consumables,cutting tools,and RM. Oversaw an extensive inventory with over 7500 SKUs while managing annual purchasing valued at approximately $40 million from a network of over 450 vendors.
• Established and fostered strong vendor relationships globally, encompassing major geographies such as Americas, EMEA, APAC. Enhanced accuracy and achieved superior outcomes by employing a collaborative approach with vendors/suppliers.
• Contracts Management & Negotiation – Ensure strong and sustainable relationship with all the suppliers through long term rate contracts. Conducted timely re negotiations, extensions and novation of contracts to align with the company’s Annual operating plan.
• Continuous Improvement & Strategic initiative- Implement latest best practices in regard to technology, inventory & demand management across the group.
• Lead the company’s efforts in implementation of APQP at supplier locations for the F-16 wings program.

Developed and executed strategic sourcing strategies that deliver competitive advantages in key areas of cost, quality, technology.

• Responsible for Sourcing and Industrialization for the new product lines (F-16 Wings and BFTT composite tanks), vendor development & alternate sourcing for existing product lines(C130J Empennage)
• Managed an overall spend of US$20M+ across 250+ suppliers.
• Maintaining structured program management of US based suppliers with an operating rhythm for project reviews, identified risk's & mitigate, and recommend corrective actions by regular reviews both virtual and Onsite to ensure delivery of the procurement objectives
• Responsible for overseeing the logistic coordination of inbound/outbound operations, including import/export tasks. Collaborated closely with 3PL partners to ensure timely delivery and receipt of temperature-controlled shipments.
• Managing a team of 8 people and ensuring timely procurement of direct and indirect materials as per program requirement.
• Achieved Cost savings of 8-12% by implementing Industry best practices like Kaizen, Localization,Alternate Material etc.

• Executed LTAs with local and international suppliers for raw materials, cutting tools, 3PLs, and other BO items according to program requirement.
• Achieved an 18% reduction in hardware inventory cost by implementing 2 Bin systems and VMI.
• Negotiated and finalized Capex and service requirements for new program, totaling around 5 million USD.
• Responsible for overseeing the logistic coordination of inbound/outbound operations, including import/export tasks. Collaborated closely with 3PL partners to ensure timely delivery and receipt of temperature-controlled shipments.
• Oversaw the successful implementation of MRP systems for diverse commodities, alongside the introduction of a labor accounting system that relied on barcode scanning.

• Prepared PFC, PFMEA, Control Plan, SOPs and PPAP for Paint shop.
• Executed the implementation of Mahindra Advanced Production System incorporating SOS, 5S, WSS, and ERGONOMICS practices
• Analyzed defect and rejection data using 7QC tools to identify areas of improvement
• Analyzed Balancing efficiency, Effective Working Time (EWT), Equivalent Vehicles/Man/Year, and Overall equipment efficiency (OEE) to determine opportunities for improving productivity.
• Contributed to the enhancement of Kaizen and Poke-Yoke processes.
• Achieved annual cost savings of 36 lakhs and increased productivity by 12% through the elimination of sealer oven, implementation of wet-on-wet primer, and transitioning from a 3-stage to a 4-stage painting process in the paint shop
• Increased efficiency of the 3-Wheeler body assembly line, doubling production capacity from 40 to 80 bodies per shift through work study,line balancing,strategic layout and equipment optimization.