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Component Sourcing Engineer

2-3 years

Bangalore / Bengaluru

1 vacancy

Component Sourcing Engineer

Piktorlabs

posted 1d ago

Job Description

UST Title - Associate II - Engineering Design

Who we are:

At UST, we help the world s best organizations grow and succeed through transformation. Bringing together the right talent, tools, and ideas, we work with our client to co-create lasting change. Together, with over 30,000 employees in 30+ countries, we build for boundless impact touching billions of lives in the process. Visit us at .

Summary:

UST is looking for strong Sourcing Engineer with experience working in Component Sourcing, Cost Negotiation, Vendor Management.

Required Skills Set:

5 years of strong experience in a Strategic Sourcing.

Responsible for initiating and managing RFQ, lead time, should cost (Cost estimation) request assigned by internal stakeholders.

Strong experience in Global Sourcing, Dual Sourcing, Vendor Management.

Experience in Cost Negotiation.

Experience in sourcing commodities like Mechanical component (Sheet Metal / Plastics)/ Electrical and Electronic components / Ceramics, Automotive / Semiconductor.

Able to utilize existing supplier matrix for quoting, negotiate and award business to supplier.

Collaborate with cross-functional teams to define sourcing strategies/ plans for NPI/ Pilot projects.

Responsible for Internal part qualification approvals for components identified as critical parts.

Ability to understand multi-level BOM, read drawings, special process/specifications and communicate with suppliers.

Identify make vs. buy opportunities and drive alignment/decision with key stakeholders.

Using software tools, perform regular cost roll-up and analyze cost performance to drive corrective action as required to achieve product cost target.

Ensure smooth product transition from NPI to volume manufacturing.

Qualification Experience:

Bachelor s degree in Engineering (Preferably Mechanical, Electrical, Manufacturing,
or Industrial) with minimum of 5 years of experience into sourcing, program
management and supplier management.

Job Specific skills/Knowledge:

Should have prior sourcing, negotiation, dual sourcing, and supplier management experience.

Proficient with MS Office. Excel is a must

Knowledge of manufacturing methods commodities as related to product and cost structure.

Ability to read and interpret BOM s

Must be self-starter and be able to operate independent of day-to-day supervision.

Excellent people and presentation skills.

Other Skills (Good to have)

Knowledge of SAP MM Module.

Costing experience: needs to understand various cost models (E.g., Outsourced assembly/ module), mark-up, margins etc.

Have worked with cross functional team on New product / Design change projects.

Able to interpret drawings. Using 3D modelling and PLM software.

Have worked with global suppliers.

What we believe :

We re proud to embrace the same values that have shaped UST since the beginning. Since day one, we ve been building enduring relationships and a culture of integrity. And today, its those same values that are inspiring us to encourage innovation from everyone, to champion diversity and inclusion and to place people at the centre of everything we do.

Humility:

We will listen, learn, be empathetic and help selflessly in our interactions with everyone.

Humanity:

Through business, we will better the lives of those less fortunate than ourselves.

Integrity:

We honour our commitments and act with responsibility in all our relationships.

Equal Employment Opportunity Statement

UST is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion, or sexual orientation.

All employment decisions shall be made without regard to age, race, creed, colour, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.


UST
reserves the right to periodically redefine your roles and responsibilities based on the requirements of the organization and/or your performance.

To support and promote the values of UST.

Comply with all Company policies and procedures


Employment Type: Full Time, Permanent

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Piktorlabs Benefits

Work From Home
Team Outings
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