About the role
Opening for one of the reputed manufactuing company, electronics division
We are looking for energetic & enthusiastic candidate for Senior Engineer– Global Sourcing position, with specific experience to Industrial electronics products reporting to Supply Chain Commodity Lead, based at Bangalore.
Job Description:
§ The scope includes, Identification, evaluation and selection (Sourcing) of Global suppliers for Electronics Components / Modules like, Main Controllers (IC’s), PCBA, Memory, Display panel, USB Cables, FFC Cables Power supply units, Adaptors, motors etc., specific to Electronics Industrial products like Power Tools, Cable & Connectors etc., from China, Taiwan, Korea, Japan, Europe and US markets based on the Cost, Quality, Delivery (Lead time), Service, support, availability, reliability with supplier's reputation, performance & financial history etc.,
§ The position will be responsible for Global Sourcing includes, RFI, RFQ, Supplier selection, Negotiation, make contract / agreements (empanelment), Supplier / Vendor management for quick and smooth availability of Electronics components in collaboration and coordination with Procurement, Engineering, Quality teams for delivery of materials, Documentation of LC / SEZ / STPI & DTA, Customs clearance, CHA agents, Accounts payable (supplier) etc., to meet the demand.
§ Develop relationships in the marketplace (ODM’s, Brands, Partner’s & Distributor’s etc.,) to understand and stay abreast of industry changes / pricingand recommend EOL of Components, modules, Products etc., which may impact the business to sustain and grow.
Operational / Process compliance /Quality:
§ Supplier development & enhance the delivery of the components by establishing strong supplier governance on the performance standards (SLA, Quality, cost, payment terms, compliance, feedback etc.,)
§ Work closely with the suppliers, on the components lead time and update the systems time to time to commit and meet the business plan/ schedules
§ Ensure Contingency plans & strategy are place in the event primary suppliers are unable to perform the delivery as required. (i.e. Multiple / Alternate Back up Suppliers)
§ Ensure our Products and Procurement process are, in compliance with laws & regulations (Terms / Cost / Warranty support / Safety certifications (BIS) & our internal policies & procedures etc.,
§ Identify potential parts for localization & initiate Vendor development
§ Meet RFQ Time Lines with Sourcing Support as per the customer needs
§ Create a Database for components category wise/Manufacturer wise/ Capability Wise
Cost Management / TCM
1. Monitor and report the trends of cost and drive Joint improvement initiatives of Cost reduction thru negotiation, innovative logistics & distribution model, Supplier consolidation etc.,
2. Identify the opportunities to improve the cash flow thru better Payment terms (DPO), MOQ, SPQ exposures including the customer certified material suppliers, and negotiate the cost associated to Quality rejections as per agreements in collaboration with Supplier, Business development team, Quality, Engineering functions.
3. Review material cost fluctuations periodically, in-case of any upward trend against original approved quote, communicate to BU, BDG teams & Finance to check and Pass ON to customers to secure the EBIT.
4. Provide feedback to senior level representatives of suppliers on quality and delivery performance to assure continuous improvement in those areas.
5. Price negotiation with suppliers to ensure improved DMC in comparison to meet SCM Targets
6. Drive cost down by negotiations /source change to improve profitability
7. Make spend analysis supplier wise /Project wise/category wise
Key Attributes / Skills
· Results thru teamwork (I lead, We win)
· Customer centric
· Innovation & creative thinking
· Excellent written, oral communication, Time Management and Strong Negotiation skills are important
· Good analytical skills
· Ability to maintain the confidentiality of sensitive information is essential.
Qualification / Experience:
· Must have at least a Bachelor’s degree (or) equivalent business, Supply chain management, Transportation / Logistics Management preferred
· 3-5 years of strong Source to pay experience of EMS, specific to Industrial electronics with manufacturing & distribution industry would be preferred
· Very good knowledge in MS Excel / Power Point / Word / Project mgmt. is preferred
· Exposure to latest Procurement technologies / Industry change to manage procurement/approach towards Ease of doing business
· Good Knowledge in ERP / MRP