Prasanna M S

Experience

• 

  Yazaki Wiring Technologies India Pvt Ltd

  Oct 2009 - Oct 2014

  Generating Cost efficient ideas to drive the company into profitable root.• Evaluating vendors & negotiating the price, delivery schedule and terms and conditions.• Selecting, Engaging and managing the source required for the procurement activities. • Issue and maintain the commercial beneficial agreement with suppliers.• Ensure the RFQ’s and PO’s are issued and followed up in a timely manner.• Periodically tracking supplier performance and prepare the score card for rating the supplier in terms of quality and delivery.• Make decisions regarding buying, communications and negotiation with supplier by fixing a reasonable pricing.• Development of alternative local sources for imported raw materials which helps in cost saving. • Continuous co-ordination with QA functions to enhance the effectiveness of New Suppliers & streamlining the mass supplies of new parts.• Periodically conducting workshops with supplier in terms of cost reduction ideas and finding out alternate part with optimized design.• Regular interface with suppliers and maintaining the supplier relationship.• Closely monitoring the material cost percentage and inventory Show less

  • Asst. Manager - Sourcing & Procurement

    Oct 2010 - Oct 2014

  • Manufacturing Engineer

    Oct 2009 - Oct 2010
• 

  Daimler India Commercial Vehicles

  Oct 2014 - Jan 2018

  Manager Cost Engineering - Electrical

  Estimate the cost of entire Wiring Harness & Switches through Bottom up costing.• Supports cost reduction activities, providing technical support through supplier transitions, waste elimination, VAVE and other activities• Support R&D team in terms of design optimization of Wiring Harness & other Electrical commodities• Assists the supplier with basic problem solving and root cause analysis activities in order to eliminate recurrence of non-conformities or other Performance issues.• Complete tear down analysis for the part to understand the Bottom up cost , Participate in make or buy decisions.• Responsible for localization of sub components of Wiring Harness from India• On-site supplier assessments for supplier selection for new business awarding as well as component localization. Localization of components & Optimization of supplier in terms of commercial reduction. Selecting, Engaging and managing the source required for the procurement activities Show less

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  Tata Consultancy Services

  Feb 2018 - Jan 2019

  Sourcing Lead - Electrical & Electronics

  Leading Electrical and Electronics parts sourcing activity for the PSA Groupe in India through TCS.Identify and review the Suppliers for the sourcing bidlistPreparation of supplier target price with competitors benchmark informations and set a strategy for negotiationsReview meeting with team members on the RFQ statusShortlisting the suppliers to final negotiations with techno commercial review.Organizing meeting with procurement counterpart in other regions and explore the sourcing opportunities in IndiaContinues meeting with product development team to strictly adhere the sourcing timeline Meeting target cost of all Products through Design to Cost Stratagy with help of Product development team Show less

• 

  Valeo

  Feb 2019 - now

  Responsible for the cost estimation of Electronic Components during design phase and Benchmark activityCoordinating the Design to Cost and Cost reduction activitiesAssessment of CO2 per component/productAnalysing the the PCB panlization rate for effective utilisationPCBA cost estimation based on various location input factors

  • Senior Team Lead Cost Engineer

    Jan 2024 - now

  • Lead Cost Engineer

    Feb 2019 - Jan 2024