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TE Connectivity
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STRATEGIC SOURCING ANALYST III

STRATEGIC SOURCING ANALYST III

TE Connectivity

2 - 5 years

9 - 13 Lacs

bengaluru

Posted:2 days ago| Platform:

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Skills Required

cost reduction sap data analytics supply chain advanced excel orientation data management strategic sourcing power bi networking professional development sourcing tableau recruitment procurement supply chain management onboarding cost analysis

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Overview

To ensure the timely and cost-effective availability of products by managing procurement activities that meet customer demand. This role focuses on sourcing, purchasing, and delivering materials and products in the right quantity, quality, and location, while optimizing supply chain efficiency and minimizing costs. NPI Procurement deals with New Projects inquiries from pre-RFQ stage to Business award and execution until start of serial production.

Requirements

Support procurement activities by delivering operational market intelligence and benchmarking insights.
Oversee intercompany procurement and allocation activities with vendors across Local, Asia Pacific, EMEA regions.
Schedule and release purchase orders to global affiliates based on domestic requirements.
Ensure timely order confirmations and coordinate with freight forwarders to facilitate on-time shipment handovers.
Identify, evaluate, and select suppliers for new product components and materials. Negotiate contracts and terms to ensure the best value and quality. Responsible for RFQ includes components, commercial tooling (Both Build/Run & Build/Transfer)
Conduct cost analysis and benchmarking to support sourcing decisions. Identify cost-saving opportunities and implement strategies to achieve cost targets.
Manage procurement activities for new product introduction projects. Track progress, identify potential delays, and implement corrective actions to meet project timelines
Analyze engineering drawings & bill of materials and carry out cost modelling defining highest cost contributors. Propose suitable changes with alternate manufacturing process, raw materials, adjusted design considerations, available supplier base, vis--vis cost advantage with proposed changes. Agree on an optimum approach on changes with cross-functional collaboration to execute Design for Cost strategy.

Drive make or buy plan.
Define strategy for all new sourcing needs considering product requirement, techno-commercial targets, optimum manufacturing process(es) and long-term commodity strategy
Build internal should costing model for all new parts.
Manage procurement procedures including strategy pre-alignment wherever needed, bidder list finalization, build RFQ with all requirements & specifications.

Manage technical reviews, supplier/process capability assessments. Discuss and agree on technical feasibility with the suppliers & negotiate with internal teams in case of deviations.
Techno-Commercial Proposal evaluation in comparison with internal should cost and benchmarking to define negotiation strategy and target cost for all the products.
Negotiations and draft contract agreement with suppliers.
Present the business case to Sourcing Committee for all the proposals & get it approved

Technical Skills

SAP - Mandatory
Advance excel
Power BI or Tableau or any other Reporting tool.

Education and Knowledge

Graduate Degree holder from any stream Preferably Engineering
Strong analytical abilities, and high proficiency creating and managing advanced models using Microsoft Excel and other relevant software.
Good knowledge of SAP or a similar ERP-system.
Excellent communication and partnership skills with CFTs

Critical Experience

10+ years working experience in Supply Chain functions
Solid experience driving Cost Reduction and Data Analytics strategies & implementation
Experience with SAP is highly desirable.
Exposure to Data Analytical tools and Data Management would be an added advantage
Knowledge of industry trends and best practices in procurement and supply chain management.

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TE Connectivity

Appliances, Electrical, and Electronics Manufacturing

Galway Berwyn

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STRATEGIC SOURCING ANALYST III