Strategic Sourcing Engineer

Role & responsibilities

• Identify, evaluate, and develop new suppliers based on cost, quality, capacity, technology, and delivery capability.
• Lead RFQ, techno-commercial evaluation, price negotiation, and supplier selection.
• Develop and implement sourcing strategies for castings, forgings, machined components, fabricated parts, bought-out components, and other engineering commodities.
• Conduct cost analysis, should-costing, benchmarking, and cost reduction initiatives.
• Negotiate commercial terms, payment terms, lead time, MOQ, and other contractual requirements.
• Work closely with Engineering, Quality, Production, and Planning teams for new product development and supplier finalization.
• Support New Product Development (NPD) sourcing and ensure timely supplier readiness.
• Drive VA/VE, localization, alternate sourcing, and supplier consolidation initiatives.
• Monitor supplier performance and take corrective actions for cost, quality, and delivery issues.
• Maintain sourcing data, supplier database, RFQ status, savings, and procurement reports.

Preferred candidate profile

Strategic Sourcing | Supplier Development | Costing & Negotiation | RFQ & Vendor Evaluation | Cost Reduction | VA/VE | NPD Sourcing | Supplier Management | MS Excel | ERP/SAP

• Bachelors degree in Mechanical / Production / Industrial Engineering or equivalent.
• 4–6 years of experience in Strategic Sourcing / Procurement, preferably in Heavy Engineering, Construction Equipment, Automotive, or Industrial Manufacturing.
• Strong understanding of engineering drawings, manufacturing processes, and material specifications is preferred.