Develop and execute sourcing strategies to achieve significant cost savings and total cost of ownership (TCO) improvements across assigned categories (polymers, molded plastics, mechanical components)
Job Summary
Develop and execute sourcing strategies to achieve significant cost savings and total cost of ownership (TCO) improvements across assigned categories (polymers, molded plastics, mechanical components).
Identify, evaluate, select & Onboard suppliers for Polymers, molded plastic components, mechanical parts including Sheet Metal & Machined components, Raw fiber, protective jacketing materials, strength members & ensuring they meet quality, cost, and delivery benchmarks.
Work closely with engineering, manufacturing, finance, and legal departments to align procurement activities with overall business objectives and production schedules.
Matching Summary
Develop and execute sourcing strategies to achieve significant cost savings and total cost of ownership (TCO) improvements across assigned categories (polymers, molded plastics, mechanical components).
Skills & Requirements
Must-have
Strategic sourcing for polymers and plastics
Mechanical component sourcing
Contract manufacturing management
Cost reduction and TCO improvement
Supplier performance monitoring (KPIs)
ERP systems (SAP preferred)
Microsoft Power BI for data analysis
Nice-to-have
Data-driven decision making
Cross-functional collaboration
Proactive problem-solving
Building strong vendor relationships
Key Requirements
Minimum of 10 years of experience in procurement
BE B.TECH – Mech/Civil/Electrical/ Electronics/Instrumentation