Senior Engineer - Strategic Sourcing Team

4 - 10 years

10.0 - 12.0 Lacs P.A.

Pune

Posted:2 months ago| Platform: Naukri logo

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Skills Required

ProcurementHealth insuranceData analysisERPSAPCostingContract managementProject managementAnalyticalOracle

Work Mode

Work from Office

Job Type

Full Time

Job Description

Develop and implement strategic sourcing strategies to optimize cost and quality. Conduct zero-based costing, should-cost analysis, and benchmarking for various manufacturing processes. Collaborate with cross-functional teams (Design, Quality, and Manufacturing) for new product development. Manage vendor relationships and drive supplier development initiatives. Ensure cost-effective procurement while maintaining quality and delivery timelines. Perform supplier negotiation, contract management, and procurement planning. Conduct supplier audits and compliance checks to ensure quality and regulatory standards. U tilize SAP and Excel for procurement, data analysis, and reporting. QualificationsExperience: B.E. in Mechanical Engineering. 4 to 9 years of experience in strategic sourcing, procurement, and vendor development. Experience in global sourcing, cost reduction strategies, and supplier assessment. Technical Skills: Cost Reduction Value Engineering Supplier Negotiation Contract Management Managing supplier agreements and negotiations. Manufacturing Process Knowledge Deep understanding of casting, machining, sheet metal, and surface treatment (painting plating). Should-Costing Bench marking Evaluating supplier costs using industry benchmarks. Procurement Planning Inventory Management Managing sourcing strategies and stock levels. Global Sourcing Supplier Assessment Identifying and qualifying vendors from global markets. Supplier Audits Compliance Ensuring suppliers meet quality and regulatory standards. ERP Systems (SAP, Oracle, etc.) Hands-on experience in procurement modules. Identifying cost-saving opportunities while maintaining quality. SoftSkills: Problem-Solving Analytical Thinking Making data-driven sourcing decisions. Cross-Functional Collaboration Working with Design, Quality, and Manufacturing teams. Project Management Managing timelines for new product development sourcing. Negotiation Vendor Relationship Management Building long-term supplier partnerships. Data Analysis Reporting Using Excel and BI tools for insights. Benefits 5 day Work Week: Work Monday to Friday. Flexible Working Hours: Customize your schedule to maintain work-life balance. Canteen / Meal Allowance: Complimentary Canteen or a meal allowance to cover breakfast, lunch, or snacks during the workday. Competitive Salary and Bonus Opportunities: Earn a competitive wage with opportunities for additional bonuses. Comprehensive Health Insurance: Access medical insurance for you and your family. Professional Development and Training Opportunities: Take advantage of learning resources to grow in your career. A Collaborative and Inclusive Company Culture: Join a team that values diversity and teamwork in a supportive environment

Hyosung

Textile Manufacturing

201-500 Employees

19 Jobs

    Key People

  • Seung-Jo Kim

    CEO
  • Kyoung-Ho Lee

    Chief Financial Officer

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