Senior Executive / Assistant Manager Strategic Sourcing

Key Responsibilities

• Identify and develop new suppliers for mechanical components.
  
• Source components such as machined parts, sheet metal components, fabricated parts, castings, forgings, turned components, laser-cut parts, and other precision mechanical components.
  
• Evaluate suppliers based on capability, quality, cost, capacity, and delivery performance.
  
• Develop alternate sources to improve competitiveness and supply continuity.
  
• Optimising the Cost, Quality and Delivery.
  
• Factory RM Purchase
  
• Maintain supplier relationship.
  

• Prepare should-cost / target-cost estimates for mechanical components.
  
• Analyse drawings, BOMs, specifications, and manufacturing requirements to arrive at component costing.
  
• Understand and calculate costs related to:
  
• Raw material
  
• Machining
  
• Turning / milling
  
• Fabrication
  
• Sheet metal processing
  
• Labour and overheads
  
• Benchmark supplier quotations against calculated costs and negotiate accordingly.
  
• Identify cost-reduction opportunities through VA/VE, process optimization, material alternatives, and supplier development.
  

• Read and understand 2D mechanical drawings, GD&T, material specifications, and BOMs.
  
• Discuss manufacturing feasibility and costing with suppliers.
  
• Work closely with Engineering, Quality, Production, and Design teams for new component development.
  
• Evaluate supplier process capabilities and manufacturing methods.
  

• Obtain and analyse techno-commercial quotations from suppliers.
  
• Prepare comparative statements and negotiate price, tooling, MOQ, payment terms, lead time, and delivery conditions.
  
• Ensure purchases are made at competitive and technically justified prices.
  

• Support sourcing activities for new products and engineering changes.
  
• Coordinate with suppliers for prototype/sample development.
  
• Track sample submission, approval, and transition to regular production.
  

• Identify opportunities for annual cost savings.
  
• Conduct supplier negotiations based on cost breakdown and market benchmarks.
  
• Develop alternate suppliers and alternate manufacturing processes wherever feasible.
  

Required Experience & Skills

• Mechanical Engineering graduate with 4 years of experience in Mechanical Sourcing / Strategic Procurement / Purchase.
  
• Experience in sourcing mechanical components from manufacturing suppliers.
  
• Strong understanding of mechanical manufacturing processes and raw materials.
  
• Ability to work out component costing from drawings and manufacturing processes.
  
• Good knowledge of cost estimation / should-costing / target costing.
  
• Ability to read and interpret mechanical drawings and BOMs.
  
• Strong supplier development and negotiation skills.
  
• Experience in identifying alternate suppliers and developing new sources.
  
• Good analytical and commercial skills.
  
• Proficiency in MS Excel; experience with ERP systems
  
• Knowledge of Tamil is must.