Senior Strategic Sourcing Engineer

Responsibilities

• Vendor Development & Management - To develop & qualify supplier by providing him the necessary support. Address product as well as field quality issues by coordinating with Suppliers as well as internal functions like R&D, Quality, Sales function.
• Costing and Cost Control - Cost Estimation, costing & Drive cost reduction by a teardown of critical components. Ensure complete and accurate flow-down of specifications on all POs to suppliers across all commodities and provide a list of shortages. Prepare send and pricing reports. Negotiate pricing on an order-by-order basis.
• Saving - To initiate, implement and monitor cost saving by using various levers of negotiation. Work on cost optimization of the Product by connecting the R&D Team with different suppliers & proposing alternatives to optimize cost.
• Timely implementation of Projects - To coordinate with the New Product development teams & suppliers for timely implementation of projects.
• Supplier Management - To develop and manage suppliers on techno-commercial aspects. Track and ensure on time delivery of materials, and provide regular updates to Planning and Project/Inventory Coordinators.
• Excess Inventory Liquidation - To sell off the excess component inventory lying at the EMS & optimize the excess inventory cost.