To procure material at most competitive prices and help reduce/ hold product cost so as to improve profitability.
To ensure right quality of material in accordance with quality standard.
To ensure availability of Direct Material at all manufacturing locations, without any loss of production
To maintain cost effective inventory with least lead time and without compromising production schedules.
To ensure sound process for selection and evaluation of suppliers, maintain and nurture supplier relationships to get best possible cost advantage in comparison to other companies.
Develop, Implement & Monitor Right Procurement Strategy to ensure sourcing of right quality material at optimum price with shortest possible lead time.
To develop new competitive sources of direct material to take cost advance, create competitive environment and to reduce dependency on few sources.
