Hyosung - Assistant Manager - Strategic Sourcing Team

Qualifications & 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.
• Identifying cost-saving opportunities while maintaining quality.

Soft Skills :

• 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.

(ref : iimjobs.com)