Project Buyer

8 - 15 years

0 Lacs

Posted:6 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a Project Buyer at Festo, you will play a crucial role as the Purchasing Representative within the project team. Your main responsibility will be to support all phases of the project from acquisition through to Start of Production (SOP). This will involve managing material costs, ensuring supplier component quality, overseeing component timing, and assessing technical feasibility. Additionally, you will be accountable for controlling BOM (Bill of Materials) costs and ensuring timely delivery of purchase parts for production. Key Responsibilities: - Conduct zero-based cost estimation for a wide range of engineering commodities, ensuring accurate cost benchmarking and competitiveness - Collaborate closely with Engineering, Product Development, and Quality teams to define and agree on localization specifications and implementation plans - Lead end-to-end sourcing activities, including negotiations, contract management, supplier delivery, and quality assurance, ensuring cost savings are reflected in the P&L and that timelines are met - Oversee the entire sourcing lifecycle, from supplier selection and onboarding to execution and post-award performance management, ensuring timely delivery and consistent quality - Proactively identify and drive opportunities for operational efficiency and cost reduction, particularly within subcontracting and outsourced operations - Drive the development of efficient quality processes tailored to local conditions, support continuous improvement of supplier product quality, and optimize material costs by leveraging early supplier involvement, global commodity strategies, and cross-functional synergies Qualification Required: - Diploma with 10-15 years / B.E. in Mechanical, Mechatronics, Instrumentation, Electrical Engineering with 8-10 years of experience, including hands-on ERP (MM module) usage and expertise in budgeting, costing, and planning - Proven track record in sourcing and negotiating for industrial components such as ball valves, butterfly valves, pneumatic actuators, and related parts, with deep knowledge of casting, machining, and localization processes - Strong interpersonal, analytical, and communication skills, with direct experience leading technical and commercial supplier negotiations (Note: No additional details about the company were provided in the job description),

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