Strategic Sourcing Analyst III

TE Connectivity's Strategic Sourcing Teams develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service. They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners. They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal TE leverage. Our teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with TE policies and procedures.

Develops and distributes RFPs/RFQs and obtains bids or information from vendors and evaluates the proposals/quotes.
Identifies, evaluates, approves and qualifies vendors whose reliability and goods meet the requirements, standards and specifications set by TE, obtains quotes, examines bids and makes awards.
Conducts competitive bidding, negotiation, contracting processing, identifies technical specifications, understand parts & commodities, brings in continuous improvements, collaborates across TE BUs and /or regions for optimal leverage, aligns strategy and execution with cross functional teams such as engineering, manufacturing, product management, quality and other functions.
Develops and executes multi-year sourcing strategy for the commodities, identifies qualified / potential suppliers by evaluating product offerings / proposals.
Negotiates contracts with shortlisted / selected suppliers to develop mutually acceptable contractual agreements, ensuring that all procurement activities comply with TE procurement policies and external regulations.
Needs to track supplier performance and compliance with expectations or as per agreed terms.
Analyse and evaluate external price trends and commodity costs.
To reduce cost by alternative sourcing, ensuring long term agreements, securing discounts for volume purchases, recommends cost-saving proposals, make v/s buy decision.
In-depth knowledge of electromechanical components and assemblies, test benches.
Exhibit people management skills to develop and motivate direct reporting team and be a mentor to the team

BE/ B.Tech (Electronic, Mechanical or any)
Professional experience on Strategic sourcing
Excellent communication

10+ years experience in field of strategic sourcing & minimum 5 years in Electro mechanical components Sourcing .
Technical knowledge of commodities such as connectors, back shells, wires & cables, machined and fabricated components, PCBA . Molding and Machining etc.
Strong knowledge on SAP MM
Advanced skills with Microsoft Office, especially Excel and Power point