PR/110212 | DM- Procurement

Purpose of the Role

To manage sourcing and procurement activities for new and existing machined parts by identifying reliable suppliers, ensuring cost‑effective procurement, supporting new product development, and driving continuous cost‑reduction initiatives while maintaining the required quality and delivery standards.

Location: Chennai – VV1, SIPCOT Industrial Park, Vallam Vadagal, Sriperumbudur, Tamil Nadu – 602105

Job Specifications

Knowledge Requirements

• Sourcing and procurement processes

• New part development: identifying, qualifying, and developing suppliers to meet cost, quality, and delivery targets

• Cost estimation of machined parts and preparation of cost‑down proposals

• Process analysis for cost‑saving and efficiency improvement opportunities

• Identification and mitigation of cost‑related risks

• Strong vendor and supplier relationship management

Key Responsibilities

• Research, identify, and evaluate potential suppliers

• Qualify and improve suppliers for new product development, ensuring they meet quality, cost, and delivery expectations

• Perform accurate part cost estimation and prepare cost‑reduction ideas and proposals

• Analyze processes to identify opportunities for cost savings and efficiency enhancements

• Develop mitigation strategies for cost‑related risks

• Build and maintain strong, long‑term supplier relationships

• Conduct zero‑base cost estimation for functional parts

Skills Required

• Knowledge of manufacturing processes, QMS, and problem‑solving methodologies

• Experience in purchase development, cost management, and supplier management

• Proficiency in MS Office, Power BI, and related tools