Sourcing Specialist - Commercial Components
Contract Type
Permanent
Country
INDIA
Location
Pune
Your opportunity
A Sourcing Specialist Commercial Components is responsible for Leading, developing and implementing local commodity strategies;
Your Mission
- Analyze spend in assigned commodities/supplier's perimeter;
- Monitor the market through constant benchmarking in order to continuously improve costs, quality, delivery and technology
- Support local Sourcing Leader and Global Commodity Managers/Directors in defining the annual savings forecast, identifying risks and opportunities.
- Implement the saving action plan to achieve the assigned annual cost saving target.
- Promote and lead cost reduction activities and alternative products/ solutions, towards internal stakeholder and Suppliers, to contribute to the overall cost reduction target.
- Manage Supplier Relationship at local level, monitoring trend of KPIs and setting necessary corrective actions.
- Negotiate long-term contracts with Suppliers, at local level, participating in nego with Global Suppliers as well improvement along agreement duration, delivery times, and commercial terms and conditions.
- Communicate effectively and manage relationships with relevant internal stakeholders, to contribute to the cross-functional projects; Ensure compliance with the sourcing processes.
- Bring and share new ideas of internal processes and supplier performance improvement.
- Serve as the primary liaison between internal engineering, quality assurance, and production teams and the external suppliers to ensure clear communication and alignment on technical requirements and quality standards.
- Prepare and issue Requests for Quotation (RFQs) that include all necessary drawings and conditions of supply. Analyze quotations, negotiate pricing, terms, and contracts to secure favorable deals and drive cost reduction initiatives.
- Review and interpret complex engineering drawings, Blueprints, Bill of Materials (BOMs), and other technical specifications to understand part requirements.
- Maintain accurate records of all sourcing activities, supplier information, and contracts within SAP or procurement software systems. Prepare reports on cost savings, supplier performance, and market trends for management.
Your Profile
- Education: A
bachelor’s degree in mechanical or production engineering, Supply Chain
Management, or a related technical field is typically required.
- Experience: Min
6-8 yrs in strategic sourcing in an international company or a local one
working on global market
- Negotiation
Skills: Excellent negotiation and contract management abilities
to secure advantageous terms.
- Analytical
Skills: Strong data analysis, problem-solving, and critical
thinking skills to evaluate suppliers and costs.
- Software
Proficiency: Familiarity with SAP S4H and advance excel.
- Soft
Skills: Excellent communication, leadership, and project
management skills to collaborate effectively with cross-functional teams
and suppliers.