Consultant - Sourcing & Procurement - Automotive/Global Consulting Firm - Contractual (5-10 yrs)

At Outsized, we match clients in financial services and management consulting to high-quality independent consultants and boutique/specialist firms for the execution of their key projects.

Our client, a global consulting firm, is engaged in a large scale cost transformation for a leading firm in the automotive industry.

To support on this initiative they are seeking a Sourcing & Procurement Consultant with prior cost optimisation experience in the Automotive industry.

Key Responsibilities:

- Lead cost reduction initiatives across procurement, sourcing, and supply chain management in the automotive industry.

- Analyze product design, raw material costs, and manufacturing processes to identify cost-saving opportunities.

- Work closely with suppliers, procurement teams, and engineering departments to implement cost-effective solutions.

- Conduct benchmarking studies to compare cost structures with industry standards.

- Develop and implement enterprise cost transformation strategies tailored to automotive manufacturing and supply chain.

- Collaborate with cross-functional teams to drive cost optimization without compromising quality and performance.

- Utilize data analytics, value engineering, and lean methodologies to optimize cost structures.

- Report progress and insights to senior stakeholders and business leaders.

Qualifications & Skills:

- Bachelor's/Master's degree in Engineering (mandatory).

- 5 to 10 years of experience with strong expertise in cost reduction, sourcing, and enterprise cost transformation within the automotive sector.

- Experience with value engineering, and cost benchmarking.

- Proficiency in cost modeling, should-cost analysis, and procurement strategies.

- Familiarity with lean manufacturing, six sigma, and process optimization.

- Strong analytical and problem-solving skills, with a data-driven approach.

Preferred Background:

Candidates from the following organizations will be given preference:

- Consulting Firms

- Automotive OEMs & Tier 1 Suppliers

This opportunity will be on a 12 month contract and the selected consultant will be required to relocate to Chennai for the entire duration of the project.