MAnager Sourcing

What you'll do:

This position involves creating and implementing sourcing strategy for VG in India. This includes development of new parts, resourcing existing parts to achieve material cost, managing material inflation / deflation & supporting materials team to meet production and inventory control.

• Develop and deploy regional Category strategy along with Global category leaders for assigned commodities to deliver YOY cost reduction.
• Identify supplier to meet the category requirements in terms of quality, cost, delivery and inventory control (including Kanban, VMI, consignment inventory programs).
• Monitor and track the commodity trends and should be able to manage the pricing of products in the event of commodity fluctuations.
• Develop detailed elemental cost sheets for each part in the related commodity.
• Develop strong Supplier - Eaton relationship with a partnership concept.
• Responsible for onsite assessment of suppliers, support strategic suppliers to improve their score cards, supplier evaluation, capability assessment & risk management.
• Supplier capacity mapping and develop supply base to meet fluctuating production volumes.
• Negotiate commercial agreements for total cost of ownership for each product
• Analyze spend of assigned commodity and identify cost out opportunities.
• Initiate, lead cost reduction projects to drive cost outs as per profit plan.
• Drive VA/VE with the support of engineering for material cost reductions.
• Co-Own the Project Monitoring with the SDE till the time of stabilization of the new part and complete handover to Materials.
• Work along with SDE for capacity improvement and cost reduction, Including identifying new mfg technologies.
• Implementation and adherence to the Eaton Business System related to SCM Function.
• Demonstrate very high level of Integrity and Drive compliance to the Eaton Code of Ethics and hold suppliers accountable for ethical conduct in all the transactions.
• Responsible for procurement excellence and supplier performance mgt.
• Adherence to regulatory requirements and governance.
• Develop and maintain a high performance culture focused on continuous improvement and change

Qualifications:

• Bachelor's in mechanical / production / Automobile Engineering
• 12 to 15 years of experience in sourcing, procurement in engineering company preferably in Auto Component
• 3-4 year of hands-on experience on product costing, formulating commercial contracts