Buyer - SSU Engine Proprietary

Responsibilities & Key Deliverables

•    Supplier Scouting and Industry Mapping:
•    Conduct thorough scouting of potential suppliers for engine proprietary components.
•    Perform detailed mapping of industry references to identify leading suppliers and emerging trends within the industry.
•    Supplier Selection and Price Negotiation:
•    Identify and select appropriate suppliers for various engine proprietary components.
•    Lead the price settlement process, ensuring competitive pricing that aligns with company standards and budget constraints.
•    Costing and Product Cost Analysis:
•    Develop cost estimates for various engine proprietary components using predefined templates and comprehensive product costing methodologies.
•    Financial Analysis and Risk Assessment:
•    Analyze suppliers' balance sheets for commercial negotiations.
•    Assess financial health and risk indicators of suppliers to mitigate potential risks to the supply chain.
•    Cost Reduction and Negotiation Strategies:
•    Identify and implement innovative cost reduction ideas during negotiations.
•    Develop and execute plans to realize cost savings without compromising on quality or delivery timelines.
•    Negotiation Skills:
•    Exhibit strong negotiation skills to achieve favorable terms and pricing from suppliers.
•    Build and maintain robust relationships with suppliers to facilitate smooth negotiations and long-term partnerships.
•    Price Containment:
•    Implement strategies to contain and manage prices effectively, ensuring alignment with overall cost management objectives.
•    Supplier Risk Management:
•    Develop and execute supplier risk management and mitigation plans.
•    Proactively identify potential risks and take steps to minimize their impact on the supply chain.
•    Compliance to process and systems with high degree of Ethical Conduct.
•    Benchmarking Technology and Prices:
•    Conduct benchmarking studies to compare technology and prices across the industry.
•    Use benchmarking data to inform decision-making and ensure the company remains competitive.
•    Cross-Functional Team Coordination:
•    Demonstrate strong coordination and communication skills to work effectively within cross-functional teams (CFT).
•    Facilitate collaboration among various stakeholders to achieve common goals and drive project success.

Preferred Industries

Education Qualification

BE – Mechanical, Production, Automobile

General Experience

4 to 7 yrs experience

Critical Experience

1. Excellent verbal & written communication skills
2. Hands-on with Excel & PowerPoint
3. Know-How of costing of manufacturing processes like Stamping, Machining, and Assembly
4. Hand-On exprience in SAP, Advanced Excel, Presentation

System Generated Core Skills

System Generated Secondary Skills