Panneer Selvam

Senior Engineer at KONE ELEVATOR INDIA PRIVATE LIMITED
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Location
Chennai, Tamil Nadu, India, IN
Languages
  • English -
  • Tamil -

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Experience

    • Machinery Manufacturing
    • 500 - 600 Employee
    • Senior Engineer
      • Feb 2021 - Present

      Senior Engineer – Sourcing: (Feb 2021-Till date) • Responsible for Sourcing of car and door category components & managing spend of 1500 M INR. • Responsible for contract amendment and renewal process for car and door category with 30+ suppliers. • Responsible for on time new product development and implementations collaborating with CFT members. • Floating RFQs & manage Vendors on complete Zero-base costing for all components meeting the project budget/timeline requirements. • Should costing analysis for high volume components and negotiating with suppliers to bring the product costs in line with should costing / optimal product costs best in industry. • Responsible for commodity negotiation & price correction for each quarter. • Product cost minimization by developing multiple sources for high volume variants increasing competition among the suppliers also minimizing supply risks. • Responsible for monitoring and managing supplier performances on QCDS parameters regularly once in a month. • Responsible for conducting supplier steering meetings once in a quarter to address the concerns of internal customers (Purchasing / Quality/ SQM) and the concerns of suppliers to build a better relationship ensuring smooth supplies. • Manage Budget Preparation for Car and door Category & define actions for meeting the budget targets based on detailed spend analysis. • Responsible for driving the cost saving projects- VAVE, Alternate Sourcing. Key Achievements: • Alternate source establishment of elevator door sub parts resulted in an annual cost savings 3 % on category spend. • Cost saving through design change implementation and achieved 2% on category spend • Successfully developed alternate source in India for elevator components of Aluminium landing sill components (Procured from China) Show less

    • India
    • Motor Vehicle Manufacturing
    • 700 & Above Employee
    • Senior Engineer strategic sourcing
      • Dec 2017 - Present

      Senior Engineer – Materials: (Dec 2017-Feb 2021) Key Responsibilities: • Cost Estimation through various method like zero base costing, benchmark costing, comparative costing and weighted average costing and New Vendor selection for Quality and delivery failure suppliers, Cost saving through Source change and VAVE implementation and responsible for implement the ECN related to Quality and design. Supplier Quotation Analysis & Negotiation • Validating manufacturing process followed, Raw material rate, Production labor rate, Overheads. • Estimating brought out part and finding all kind of design to cost opportunity for cost avoidance • Preparing detailed report and negotiation with supplier Cost Reduction Campaign of regular runner parts • Showcase vendor regular runner all parts and generating cost reduction ideas through various team members and validate the ideas and propose to R&D along with details of savings for Implementation • Visiting supplier plant and auditing the process from Incoming material area to dispatch • Note down each operation details like Production labor used, Machine Make & type, cycle time, machine power consumption, etc. • Cost reduction through detailed part categorization and statistical analytical study and discuss with supplier and to get potential savings Competitor analysis and Benchmarking • Comparing Competitor parts with our parts in terms of Material, design, Specification and creating ideas for cost reduction VAVE generation and implementation • Closely work with design engineering team for cost avoidance proposal and validate the need of design change • Providing Design to cost ideas (Design & Material /Process change proposal) for regular runner parts and implements the projects through ECN ECN Implementation • To implementation and support for customer complaints and internal plant related Project Show less

    • India
    • Motor Vehicle Manufacturing
    • 700 & Above Employee
    • Engineer New Product development
      • Oct 2014 - Dec 2017

      Engineer – Purchase NPD: (Oct 2014-Dec 2017) Key Responsibilities: Part Costing and Sourcing • Part cost Estimation and negotiation with suppliers as per target price. And interacting with the Marketing team to support finalizing new projects price with customer. • Price settlement for Engineering changes after SOP & Generating VAVE ideas by Brain Storming. • Generating cost reduction ideas and effective implementation to achieve the cost reduction target. Product Development • Carry out the Manufacturing feasibility study activity with cross-functional team (CFT) based on customer drawing & requirements. • Product conceptualization study and preparing process stages. • Be responsible for developing suppliers using the appropriate quality tools • (SPC, MSA, FMEA, Error Proofing) • Product follow-up, Preparing Monthly development progress list, • Preparing RFQ & releasing LOI to the suppliers. • Supplier nomination by conducting supplier assessment and comparative costing • Responsible for APQP & Conducting PPAP & Run @ Rate Audit for NPD Parts • Interface with internal customer for New product smooth launch Show less

Education

  • PSG College of Technology
    Bachelor of Engineering, Mechanical Engineering
    2009 - 2014
  • Thirthapathi higher secondary school
    2003 - 2009

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