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Sr Strategic Sourcing Spec

Sr Strategic Sourcing Spec

ConfidentialGurgaon / Gurugram
30+ days ago
Job description
  • New Product Development : RFQ Preparation
  • Supplier Identification
  • Quotation Analysis
  • Should Costing
  • Negotiation with Suppliers
  • Supplier Agreement Sign-off
  • PPAP (Production Part Approval Process)
  • BOM (Bill of Materials) Finalization with Engineering Team, including should-cost evaluation of each part.
  • Monitor price trend analysis of commodity pricing and conduct cost negotiations with suppliers.
  • Manage vendors, including :
  • Supplier / Vendor Risk Analysis
  • Supplier / Vendor Evaluation & Rating on QCD (Quality, Cost, Delivery)
  • Supplier / Vendor Improvement Plan preparation & Implementation
  • Drive VAVE (Value Analysis / Value Engineering), Cost Reduction Initiatives, Supplier / Vendor Rationalization, and Supplier / Vendor Spend Analysis.
  • Lead New Vendor development, including capacity planning, product cycle time evaluation, and new product line setups at vendor locations.
  • Set and achieve yearly targets for cost reduction, vendor consolidation, smooth and timely Program launches, localization content improvement, and supplier relationship management.
  • Handle tool cost settlement with vendors through amortization / recovery methods and formulate Tooling Contract Agreements.
  • Implement Cost Reductions based on productivity improvements, rejection control, business assurance, and the formulation of 'Share of Business' frameworks, benchmarking, and cost walk over time.
  • Provide support to Design & Marketing teams for NPI (New Product Introduction) indirect procurement.
  • Conduct regular Vendor Visits to enhance capacity and quality in the manufacturing process.
  • Monitor Raw Material Planning by suppliers based on scheduling & Procurement Plans.
  • Prepare Monthly MIS (Management Information System) reports for Sourcing activities.
  • Utilize ERP-SAP-MM Module for procurement processes.
  • Ready to support procurement activities for New NPIs post PPAP.

    • Skills Required

    Supply Chain, Costing, Procurement, Sap, Ppap, Cost Reduction, Strategic Sourcing

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    Strategic Sourcing • Gurgaon / Gurugram