4 Commodity Strategy Jobs

As a member of our team, you will have the opportunity to work on challenging and impactful projects that require dedication, curiosity, and a drive for continuous improvement. Your role will involve collaborating directly with client leaders and front-line operators to address crucial implementation issues and drive change that aligns with organizational objectives. The majority of your time will be spent at client locations as part of consulting teams, where you will be instrumental in solving complex problems related to product development and procurement. Your responsibilities will include tasks such as end-to-end margin transformation, EBITDA improvement at product and organization levels, rationalizing product design based on competitive analysis and customer insights, as well as developing and implementing sourcing strategies. Additionally, you will assist client teams in estimating product costs using clean-sheet costing methods, enabling the creation of cost-effective products. Your expertise will also be utilized in areas such as new product development, where you will focus on reducing development time and costs while enhancing quality attributes. Surveys may be conducted to identify areas of improvement within organizations, aiding in the enhancement of sustainable R&D capabilities for clients. Furthermore, your focus may extend to design-to-cost, design-to-value, global sourcing, commodity strategy, cost structure optimization, supplier development, negotiation, spend analysis, and procurement transformation. You will have the opportunity to enhance your knowledge in Product Development and Procurement (PDP) across various advanced industries, including automotive, consumer electronics, electric vehicles, semiconductors, and oil and gas. Throughout your journey, you will receive mentorship from seasoned implementation experts with vast industry experience, providing you with invaluable guidance in driving change within complex organizations. You will also have access to McKinsey's implementation toolkit, Impact Essentials, which comprises essential elements for sustaining transformation impact, as well as a wide array of tools and assets to support successful implementation. In addition to client-facing responsibilities, you will dedicate around 20% of your time to advancing your knowledge in the PDP domain and delivering specialized remote services to clients. By contributing to McKinsey's knowledge base on PDP-related topics, you will play a pivotal role in expanding expertise within the field. Your base will be established in one of our India offices - Bengaluru, Gurugram, or Mumbai - as a part of McKinsey Implementation in the Operations practice. McKinsey Implementation is committed to providing continuous support to clients, ensuring the realization and sustainability of recommended changes. You will be actively involved in guiding clients from strategy formulation to execution, with a keen focus on impact and sustainability throughout the project life-cycle. The Operations practice at McKinsey operates at the convergence of strategy, technology, and transformation to deliver sustainable growth for clients. Our Product Development and Procurement service line, situated within the Operations practice, is dedicated to assisting clients in developing EBITDA improvement strategies, creating market-aligned products, optimizing margins, and offering advice on strategic and operational aspects such as global sourcing, e-procurement, and supplier development. Your professional growth within our organization will be a rewarding journey that demands resilience, determination, and a passion for high-performance cultures. In exchange for your dedication and inquisitiveness, we will provide you with the necessary resources, mentorship, and opportunities to accelerate your leadership development beyond your expectations. Our collaborative environment ensures that you receive continuous learning, feedback, and exposure to foster your growth in a unique and unparalleled manner. Upon joining our team, you can expect continuous learning opportunities through structured programs designed to facilitate your growth while creating a feedback-driven environment focused on your development. Your ideas and contributions will be valued from day one, allowing you to make a tangible impact through innovative solutions. Embracing diverse perspectives and collaborating with colleagues from various backgrounds will be essential in driving us towards optimal outcomes. As part of our global community, you will have the chance to engage with colleagues from over 65 countries and diverse backgrounds, fostering creativity and innovative solutions for our clients. Additionally, you will benefit from a competitive salary, comprehensive benefits package, and opportunities for holistic well-being for both you and your family. To qualify for this role, you should possess at least 4 years of experience in areas such as product development, product cost optimization, strategic sourcing, supplier development, spend analysis, commodity strategy, cost reduction, negotiations, preferably within industries like automotive, semiconductors, and consumer electronics. A bachelor's degree in an engineering discipline is required, with a preference for candidates holding a master's degree (MBA/M.Tech/ME/MS). Strong analytical and problem-solving skills are essential, along with the ability to independently structure and design solutions. A desire to learn and grow within a dynamic environment, excellent communication skills, and the willingness to travel extensively to client sites are also key attributes for success in this role. Effective communication of complex ideas in English, both verbally and in writing, is crucial for collaboration within the team and with clients.,

The sourcing manager will report to the Managing Director in India and the Chief Supply Chain Officer based in the US. You will possess an excellent knowledge of sourcing practices and develop a good supply base in India for a smoother supply chain at economical costs. You will be responsible for identifying, selecting, and managing supplier relationships for assigned steel casting and forging commodities to ensure products and services are delivered to the required quality, cost, and delivery performance levels. As a Subject Matter Expert (SME) for assigned commodities, you will ensure that all engineering, customer, security, and EHS requirements are met. Your responsibilities will include defining, developing, and communicating the ferrous casting and forging commodity strategy to drive a supply base committed to delivering 100% quality parts on time while making efforts to localize the parts and meet customer requirements. You will manage supplier relationships, review RFQ packages, analyze spreadsheets, identify potential suppliers, make recommendations on supplier selection and quality compliance, and conduct supplier negotiations to determine the most competitive total cost solutions. You will execute plans to meet customer commitments, drive continuous improvement projects, lead simplification in the overall supply chain process, and provide expertise to internal teams and other functions. You will review and confirm the accuracy of supplier quotes and address any inconsistent costs with suppliers before reporting out. Additional competencies and skills required for this role include strong interpersonal skills, collaboration, executive presence, conflict resolution, problem-solving skills, strong decision-making and negotiation skills, results orientation, sound communication skills (written and verbal), multilingual proficiency, effective communication with cross-functional teams and all levels, ability to work on multiple projects with competing deadlines through project management skills, good analytical skills to gather and analyze data and work with figures, total cost ownership, and a track record of strategic sourcing castings and forgings, vendor development, best purchasing ethics, and code of conduct. Qualifications & Experience: - Bachelor's degree in Mechanical Engineering (B.E, B. Tech) - 8 to 14 years of sourcing experience in the manufacturing industry - Knowledge of supply chain and product development in ferrous forgings/castings/machined components, various surface coating processes, etc. - Proficiency in Microsoft Office, particularly Excel and PowerPoint - Knowledge of quality systems, PPAP, APQP would be preferable If you are interested, please revert to Auto@svmanagement.com.,

Do you want to work on complex and pressing challenges The kind that brings together curious, ambitious, and determined leaders who strive to become better every day If this sounds like you, you've come to the right place. You will work directly with client leaders and front-line operators on topics where implementation issues are important and where driving change is critical to the successful realization of goals. You will spend about 80% of your time working at client locations as part of consulting teams, helping solve complex client problems in product development and procurement domains. This work includes, but is not limited to, end-to-end margin transformation, product and organization-level EBITDA improvement, rationalizing product design based on competitive teardown analysis and customer insights, building and implementing sourcing strategies, estimating product should cost based on clean sheet costing, working on new product development reducing time, cost, and quality attributes, carrying out surveys to understand improvement aspects of the organization, design to cost, design to value, global sourcing, commodity strategy, cost structure, clean sheet, supplier development, negotiation, cost-saving ideas, spend analysis, procurement transformation, and more. About 20% of your time will be spent on developing a cutting-edge knowledge base related to the Product Development and Procurement (PDP) domain. You will also support the development and maintenance of various practice knowledge initiatives by building McKinsey's knowledge on PDP-related topics. You will build your expertise in PDP across advanced industries including automotive, consumer electronics, electric vehicles & batteries, semiconductors, oil & gas, and more. You will be mentored by implementation experts with decades of industry experience and supported with a world-class implementation toolkit and the best of McKinsey's tools and assets. You will be based in one of our India offices - Bengaluru, Gurugram, Kolkata, or Mumbai - as a part of McKinsey Implementation in the Operations practice. McKinsey Implementation provides continuous support to clients to ensure they achieve and sustain the full benefits of recommended changes. Our Operations practice helps clients solve complex operational challenges. Your qualifications and skills should include 1+ years of experience in product development, product cost optimization, strategic sourcing/purchasing, supplier development, spend analysis, commodity strategy, cost reduction, negotiations, etc. Preferred industries are automotive, semiconductors, and consumer electronics. A bachelor's degree in the engineering domain is required, along with strong analytical and problem-solving skills, a strong desire to learn and develop, strong people skills, openness to extensive travel to client sites, and the ability to communicate complex ideas effectively in English.,

Dear All, GE Aerospace is looking for Lead - Strategic Sourcing Commodity Management (Manager Grade) for Chakan Pune location reporting to Director - Direct Sourcing & Operations its is an individual contributor role Please share your CV to mahalaxmi.rahulghanekar@geaerospace.com Location - Pune, Chakan Company Website - https://www.geaerospace.com/ Company Overview : Working at GE Aerospace means you are bringing your unique perspective, innovative spirit, drive, and curiosity to a collaborative and diverse team working to advance aerospace for future generations. If you have ideas, we will listen. Join us and see your ideas take flight! Site Overview: Our Multi-modal Manufacturing Facility (MMF) in Pune plays a crucial role in manufacturing key aerospace components, supporting not only Indias defense and commercial sectors but also global aviation supply chains. Our relationships with Indian suppliers, combined with our world-class local facilities and global reach, continue to shape Indias aerospace ecosystem Roles and Responsibilities Sourcing Strategy Development : Develop and implement sourcing strategies aligned with current & new product development goals, considering factors such as cost, quality, availability, and supplier capabilities. Supplier Identification : Identify and qualify suppliers capable of meeting the requirements of current & new product introductions. Conduct assessments to evaluate suppliers' capabilities, quality systems, and capacity. Negotiation and Contracting: Lead negotiations with suppliers to secure favorable terms and conditions for materials and services required for new product introductions. Draft and execute contracts to formalize agreements with selected suppliers. Cost Management: Drive cost management initiatives to optimize total landed cost and achieve cost reduction targets for new products. Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure alignment with business objectives and promote collaboration for continuous improvement. Risk Management : Proactively identify and mitigate risks related to sourcing, supply chain disruptions, and supplier performance that could impact new product introductions. Project Management: Coordinate cross-functional activities and timelines related to sourcing and procurement to support the successful launch of new products. Continuous Improvement : Use of Flight Deck to drive continuous improvement initiatives within the sourcing function to enhance efficiency, reduce lead times, and improve overall performance. Build strategies to establish suppliers relations globally and in the region, increase deflation by negotiating with suppliers year on year, localizing parts or BCC sourcing with reduced lead time, best pay plus other terms & VMIs etc. Monitor, forecast, and develop strategies to capitalize on macroeconomic and industry trends impacting the assigned commodity and business in region to minimize total material costs, ensure material availability, capacity, and quality Work with cross functional team members for high performance and able to drive accountable work culture, retaining and motivating diverse perspective and culture. Ensure competitive prices during pre-bids/NPIs and execute on time by getting released POs to preferred suppliers, be part of product development cycle and able to deliver sourcing deliverables. Hands on experience on aviation quality system related to suppliers. Cost reduction strategies during the execution of projects to meet the deflation year over year target for the business keeping Aviation quality system norms. Interact with site teams to understand business needs and develop supply chain strategies that optimize total requirements Collaborate with supporting resources (engineering, quality, global supply chain ) to achieve plan including lead time reductions, cash enhancement, VMI etc. Participate in Global sourcing initiatives to leverage best practices: partner with corporate commodity leaders, sourcing leaders, and peers to maximize synergies and global suppliers Ideal Candidate : Candidates with the good exposure into Strategic Sourcing experience, Costing, Long Term Agreement Experience, Negotiation Skills and Fluet Communication. Required Qualification : Masters / MBA degree preferred plus Bachelors Engineering Degree preferably Mechanical Minimum 8-12 years of industry experience with exposure to aviation sourcing Ability and willingness to travel as required. Excellent project management skills with the ability to prioritize and manage multiple projects simultaneously. Proficiency in supplier evaluation, selection, and relationship management. Knowledge of supply chain best practices, industry trends, and emerging technologies. Excellent communication and interpersonal skills, with the ability to effectively interact with internal stakeholders and external suppliers. Experience with ERP systems and sourcing tools is desirable.. Experience in working with aviation global sourcing teams High motivation, leadership, and influencing skills Aptitude with analytical tools (ex. Excel, Access Ability to perform scenario analysis and strategy development CPIM or APICS certification preferred Green Belt / Black Belt Certified Whether we are manufacturing components for our engines, driving innovation in fuel and noise reduction, or unlocking new opportunities to grow and deliver more productivity, our GE Aerospace teams are dedicated and making a global impact. Join us and help move the aerospace industry forward.