Assistant Manager - Vendor Development - Electrical

About Newen Systems Newen Systems is India’s leading power conversion and energy storage solutions provider, driving energy transition and grid stability. Newen’s state of the art manufacturing facilities at Vadodara is at the heart of driving innovation and GW scale energy revolution for the world. With 3,000+ MW of battery storage deployed across 65+ countries in all seven continents, Newen Systems in technical collaboration with Dynapower is delivering BESS, Green H2, Microgrid and e-mobility infrastructure solutions to customers in India and around the world. Newen’s cutting edge energy management system is helping customers maximize their energy investment in ways it was not imagined earlier. Newen is uniquely positioned globally to provide EMS and PCS under one roof enabling customers do integration test within factory rather than on site saving them time and money. As we expand, we are looking for intrapreneurial talent who have the passion to drive energy transition and deliver solutions to drive sustainability at global scale. Job Summary: Newen is looking for dynamic go-getters who believe in their capability to create a positive impact and wealth for themselves. Ideal candidate will be involved in development of Vendors for Electrical Components with complete knowledge of sourcing from domestic and international regions. Key Tasks: This position holds responsibility to develop all the electrical components required in BESS solutions viz Switchgears, DC Contactors, AC & DC Capacitors, Current Sensors, Semiconductors, Fuses, Cable and cable accessories components. Overall responsibility for the strategic sourcing management goals of the company and implementation of action plans to achieve those goals for electrical commodity. Responsible for negotiations for the best possible cost service guarantee and developing “win-win” strategies that achieve sustainable relationships with suppliers. Evaluation of supplier’s core competencies and competitive positioning using industry cost models. Implement supplier agreements and contracts when beneficial by working with cross-functional stakeholders and suppliers to reach an agreement on contract terms and conditions. Research and anticipate shifts in the negotiating power of suppliers. Analyse industry trends and evolving technology to proactively identify supply base issues to minimize risk, protect the continuity of supply, and utilize emerging opportunities. Participate in establishing short-term and long-term planning and budget development of the company to support strategic business goals. Develop a supplier management program with key suppliers including metrics, performance goals and improvement initiatives. Develop and implement sourcing and supplier selection strategy domestically and internationally with managing excess and obsolescence of items in inventory. Work directly with vendors to obtain accurate component availability, lead times, and pricing based upon the RFQ. Study, evaluate, and compare Techno-Commercial proposals and on-board those suppliers who meet OCD. Facilitate competitive supplier tool capex for given category. Identify local/international vendors based on BOM availability and specifications. Formulate and Lead on vendor life cycle management. Benchmark vendors based on price and quality competitiveness. Skills: Complete know-how of electrical component sourcing from domestic and international regions in addition to connects and networks with the prominent suppliers for the domain. Understanding of material handling, packing, and freight cost management. Cross functional experience in Production Operations, Manufacturing Engineering, Process Excellence, Quality and Maintenance is most preferred. Ability to work in a multi-cultural environment and directly working with promoters of the organization on specific projects and making dashboards and presentations on a regular basis Proactive decision maker for successfully achieving organizational objectives. Extremely flexible mind-set with a defined level of assertiveness. Should have experience of product costing and basic incoterms, logistics cost and taxation knowledge are must. Qualifications: Bachelor’s degree in Electronics/ Instrumentation/ Electrical (or related field). Experience: Candidate should have 8-10 years of experience in Vendor Development role for Electrical components Show more Show less