8.0 - 10.0 years

10 - 16 Lacs

hosur

Work from Office

Job description: About Festo Festo inspires people and organizations around the world with innovative solutions for industrial automation. We are an independent family business and offer more than 20,000 employees the opportunity to take bold steps, realize their ideas, and take on responsibility. As a team, we grow by tackling challenges together and we welcome everyone who wants to move the world with us. Project Buyer In this role, you will serve as the Purchasing Representative within the project team, supporting all phases from acquisition through to Start of Production (SOP). Your responsibilities will include managing material costs, ensuring supplier component quality, overseeing component timing, and assessing technical feasibility. You will also be accountable for controlling BOM (Bill of Materials) costs. Ensuring timely delivery of purchase parts for production. 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 assuranceensuring 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. Our Requirements 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 Job Location: Hosur, India Job Type: Full-time

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