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Senior Sourcing Specialist
Cyient
posted 2mon ago
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Flexible timing
Key skills for the job
Job Description
- Component Sourcing Development :
- Lead sourcing initiatives for mechanical commodities such as Sheet Metal, Machining, Stamping, and Plastic components.
- Collaborate with cross-functional teams, including engineering, production, and quality departments, to ensure component specifications, quality, and cost targets are met.
- Vendor Identification Development :
- Identify and develop new suppliers, ensuring they meet quality, cost, and lead-time requirements.
- Manage relationships with key suppliers and ensure consistent supply chain performance.
- Lead vendor development activities, including quality assessments, audits, and performance reviews.
- Costing Negotiation :
- Drive cost negotiation processes with suppliers to secure the best possible pricing for components.
- Use expertise in cost analysis, including labor, material, and tooling costs, to ensure cost-effective sourcing decisions.
- Implement cost reduction initiatives using Value Analysis and Value Engineering (VAVE) techniques to optimize product cost while maintaining quality and functionality.
- Tooling Mold Development :
- Oversee tooling and mold development processes, including cost estimation, vendor selection, and project management.
- Ensure the timely delivery of tools and molds, maintaining alignment with production schedules.
- Compliance Standards :
- Ensure all sourced components and suppliers comply with international quality standards (ISO, AS), regulatory requirements, and company policies.
- Keep abreast of industry trends and best practices in sourcing and supply chain management, applying knowledge to optimize sourcing strategies.
- Production Support :
- Coordinate with suppliers and internal teams to ensure timely availability of components for production schedules.
- Resolve any production-related issues related to supply chain delays or component quality.
- Leadership Communication :
- Lead cross-functional teams, providing mentorship and fostering a collaborative working environment.
- Maintain excellent communication with internal and external stakeholders, ensuring alignment on development activities, timelines, and objectives.
- Manage and influence supplier relationships effectively, ensuring high levels of supplier performance and service.
Employment Type: Full Time, Permanent
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Flexible timing
Monday to Friday
No travel
Day Shift
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Cyient Bangalore / Bengaluru Office Locations
Bengaluru Office
Cyient Limited, Infotech IT Park, 110/A & 110/B, Phase 1, Hosur Road, Electronics City
Bengaluru
Karnataka 560100
Karnataka 560100
Bengaluru Office
Cyient Limited, Pritech Park,9B,Eco Space,, Bellandur
Bengaluru
Karnataka 560103
Karnataka 560103
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