Sourcing Lead

What you'll do:

This position involves sourcing of parts required for VG-After Market (Support Aftermarket growth in the "Buy & Sell" model) for VG in India. This includes achieving material cost, managing material inflation / deflation & supporting materials team to meet production and inventory control.

This position is responsible for sourcing , having following responsibility:

• Identify right (technically and commercially) suppliers to support AFM growth and product expansion
• Preparing a complete RFQs and sending these RFQs to strategic suppliers. Clarifying technical details with engineering and commercial issues with GM purchasing for these RFQs.
• Review & comparison of quotations. Negotiate pricing with suppliers to meet the target costs estimated in business case.
• Get aligned with regional category managers for supplier selection.
• Monitor and track the commodity trends.
• Develop a strong Supplier - Eaton relationship with a partnership concept.
• Collaborate with supplier and Initiate cost reduction projects/VAVE to drive cost out.
• Work along with SDEs to address supplier quality issues.
• Implementation and adherence to the Eaton aftermarket procurement process.
• 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.
• Adherence to regulatory requirements and governance.
• Supplier Relation Management: Manage supplier Relationship with key stake holders across supplier structure and ensure seamless flow of business, regular supplies, handling quality concerns with prompt actions and managing the payment cycle.
• Work closely with Aftermarket sales team for forecasts and work with materials team on ramp up/down for respective projects.
• Work with marketing team for product packing, branding and artwork.
• Work closely with the sales and marketing team to look for supplier partners for range extension and product expansions