Deputy Manager - Casting Commodity Sourcing
Bonfiglioli Transmissions Limited · Chennai · onsite · Posted 1d ago
About a minute. You'll make an account on the way through.
About this role
Role & responsibilities
1. JOB PURPOSE
To effectively manage and Source for Commercial Commodity requirements from Indian suppliers, towards Best cost potentials to other BTPL and support part development Timely and Cost competitively with Quality.
Accountability Areas
Key Related Activities
Supply Base Development
- Scout vendors by assigned commodity in consultation with Casting Sourcing leader for best cost Potentials with trustworthy partners.
- Execute casting sourcing projects assigned, including agreements such as NDA, GTC, SQA Agreement and Long-Term Supply Agreement.
- Monitor & Expedite development of suppliers for Projects
- Maintain defined hard copy and soft copy records for all Sourcing projects
RFQ Management
- Prepare the RFQ package with drawings, specifications applicable
- Extract and summarize part level basic details from drawing & Specifications
- Send RFQ to the shortlisted suppliers and get the quotation & Feasibility within timeline of the project requested by BU.
- Update quote progress status and Quote comparison project & part level.
- Follow-up with suppliers on Counter offers and Commercials, make agreement
- Update & Maintain defined hard copy and soft copy records
Part Development
(Where Project Form requested)
- Co-ordinate for Technical Agreement between Supplier and Bonfiglioli Supplier Quality and Engineering Team.
- Manage Part Development Kick-off, Review and Track ON TIME delivery
- Follow up with suppliers on Plan Vs Actual, Update & circulate ALM sheet Monthly
- Weekly review on GAP analysis and Take appropriate action to meet Target
- Escalate upon the delays/no progress areas for resolution
Supplier development & Management
- Co-ordinate negotiations with Commodity Suppliers to ensure they meet Cost targets of Business Unit needs and align with Commodity leaders
- Drive projects with suppliers to improve Quality, Delivery and Cost for BUs
- Ensure Capacity allocation/creation & Capability Enhancement for Global BUs
- Co-Ordinate with suppliers and Quality, Engineering technical team on technical reviews and development expedite.
- Update & Maintain defined hard copy and soft copy records
Supplier Cost Competitiveness
- Estimate cost by analyzing and bench-marking techniques
- Analyze the quotations from supplier and submit the target cost working, Approve Pricing agreement and maintain pricing Data by supplier & commodity
- Meet cost Target for Part as well as Capex, maintain all commercials records
- Execute the assigned cost savings projects, ensures the accuracy and planning for the achievement of critical project milestones.
Pricing framework agreement with strategic suppliers
- Sign off base Pricing methodology agreement (template) for each Commodities with suppliers with clear price movement clause
- Sign off General Terms & Condition, SQA agreements
- Update & Maintain defined hard copy and soft copy records
Commodity ownership & Supplier Engagement
- Periodic commodity analysis, Budgeting & Compliance
- Capacity review of commodity supplier for the medium term (6 months) & Long term (3 years) and identify actions
- Record supplier issue and respond with target date for resolution
- Conduct quarterly supplier interface meeting.
- Create & Maintain MIS for commodity projects
QMS & Statutory Compliance
- Zero non-conformance
1. DIMENSIONS/BUSINESS METRICS
FINANCIAL
- Export value from ASIA to other Regions
- Price management with suppliers
OPERATIVE
- Suppliers with Adequate capacity for 6 months Rolling Forecast
- OTD for Regular and New part development
STAFF
Skilled one Level more than needed
1. KEY PERFORMANCE INDICATORS
RFQ Management - Response to queries and RFQ 100% and Price agreement with suppliers
Supply Base Growth Develop supppliers for Castings, Machining commodities
On time Part development Execution 90% as per committed Lead time; 100% not more than 2 weeks from Committed Lead time
Prefers Candidate with 10 Years and Above with Sourcing Background for Casting / Automobile Industry.
Sourced from naukri
Skills
About Bonfiglioli Transmissions Limited

Bonfiglioli Transmissions Limited
Industrial Machinery
745
employees
1956
70 years old
Lippo di Calderara di Reno, Bologna
headquarters
₹6.8L PA avg
Avg at Bonfiglioli Transmissions Limited
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