2 - 5 years

0 Lacs

Chennai Tamil nadu India

Posted:2 days ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Description :> Strategic Sourcing of Commodity meeting Program Targets,> Knowledge in Component Costing ( Mainly Forging , Machining , Casting..)> Deliver Material Cost Reduction Target.> Develop Global Commodity Business Plans covering regional objectives> Adept at Supplier risk management, costing methodologies & basics of Finance.

Responsibilities

  • Commercial Management & Cost Optimization (Focus: "Lowest total cost" & "Commercial relationship")
  • Strategic Negotiations: Lead negotiations for piece price, tooling, and design costs with suppliers to achieve best-in-class pricing without compromising quality.
  • Cost Analysis: Deconstruct supplier quotes using "should-cost" modeling and breakdown analysis (labor, material, overhead, profit) to identify gaps and leverage points.
  • Annual Cost Reductions: Drive year-over-year cost savings initiatives (Total Value Management) through commercial leverage, re-sourcing, or Value Analysis/Value Engineering (VA/VE) ideas.
  • Contract Management: Draft and execute sourcing agreements, ensuring favorable Terms & Conditions that protect the company against raw material fluctuations and currency risks.
  • New Program Launch & Strategy (Focus: "Launch new vehicle programs" & "Commercial lead")
  • Sourcing Execution: Manage the Request for Quotation (RFQ) process for new vehicle programs, ensuring suppliers are selected and nominated in alignment with program timing milestones.
  • Sourcing Strategy: Develop commodity strategies that align with the company’s long-term technology roadmap and capacity requirements.
  • Tooling Management: Oversee the kickoff and validation of supplier tooling to ensure parts are production-ready (PPAP) by the required deadline.
  • Cross-Functional Collaboration (Focus: "Collaborating with Engineering, Quality, and Finance")
  • Engineering Alignment: Partner with Product Engineering to influence design decisions early in the process to optimize for cost and manufacturability (DFM).
  • Financial Tracking: Work with Finance to set target costs for new programs and track actual sourcing performance against the budget (Bill of Material management).
  • Quality Resolution: Support Supplier Technical Assistance (STA) and Quality teams in resolving critical defects; lead commercial discussions regarding warranty recovery and chargebacks.
  • Supply Chain Continuity & Lifecycle Management (Focus: "On time" & "Manage current production life-cycles")
  • Capacity Planning: Monitor supplier manufacturing capacity to ensure they can meet fluctuating production volumes.
  • Risk Mitigation: Proactively identify supply chain risks (e.g., geopolitical issues, sub-tier shortages) and develop contingency plans to prevent line stoppages.
  • Change Management: Manage Engineering Change Notices (ECNs) for current production parts, negotiating the cost impact of design changes and ensuring smooth implementation.

Qualifications

Bachelor’s degree in engineering (Mechanical, Manufacturing, Production, Automobile), MBA desirableExperience: 2 to 5 Years @ OEM or T1/T2 Automotive SuppliersSkill: Good Analytical, Negotiation, Communication

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Chennai, Tamil nadu, India

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