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Sourcing Lead

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Eaton

25d ago

  • Job
    Full-time
    Expert Level
  • Logistics
  • Pune

AI generated summary

  • You need a Bachelor's in Engineering, 10-12 years in sourcing, strong product costing experience, knowledge of automotive parts, excellent communication skills, and vendor development expertise.
  • You will create and implement sourcing strategies, manage supplier relationships, drive cost reduction, analyze commodity spends, and ensure compliance while supporting production needs and improvements.

Requirements

  • Bachelor’s in Mechanical / Production / Automobile Engineering
  • 10 to 12 years of experience in sourcing, supplier development & procurement in engineering company preferably in Auto Component
  • 3-4 year of hands-on experience on product costing, formulating commercial contracts
  • Good understanding of following commodities:
  • Proprietary parts for auto electric parts like Switches, Sensors, 4/2 valves, pumps and motors
  • Automotive hydraulics and pneumatic parts
  • Wiring harness, bus bars
  • Stampings, Sheet metal parts
  • Outside processes like heat treatment, plating
  • Metals ( Bar stocks )
  • Connectors
  • Plastic and rubber parts
  • General machined parts
  • PCBA
  • Knowledge of quality systems and project management.
  • Should be familiar with incoterms, TCO
  • Knowledge on Vendor development /Quality check methodology
  • Excellent communication skills in English (written & verbal)
  • Relationship with suppliers as well as customers – Internal and External
  • Cross Functions Team Working Skills due to Matrix Organization reporting
  • Analytical skills
  • Customer focus

Responsibilities

  • This position involves creating and implementing sourcing strategy for MG in India. This includes development of new parts, resourcing existing parts, Localization, VAVE to achieve material cost reduction, managing material inflation / deflation & supporting materials team to meet production and inventory control.
  • This position is responsible for Sourcing Strategy for MG India, having the following responsibility:
  • Develop and deploy regional commodity strategy along with category leaders for assigned commodities to deliver YOY cost reduction.
  • Identify supplier to meet the commodity requirements in terms of quality, cost, delivery and inventory control (including Kanban, VMI, consignment inventory programs).
  • Monitor and track the commodity trends. Should have sound knowledge of Imports.
  • Should have a detailed knowledge of should cost, cost sheet for each part in the related commodity.
  • Develop strong Supplier - Eaton relationship with a partnership concept.
  • 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/design 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.
  • Adherence to regulatory requirements and governance.
  • Develop and maintain a high performance culture focused on continuous improvement and change.

FAQs

What is the primary responsibility of the Sourcing Lead for MG India?

The primary responsibility is to create and implement a sourcing strategy that includes the development of new parts, resourcing existing parts, localization, and driving cost reduction initiatives.

What qualifications are required for the Sourcing Lead position?

A Bachelor’s degree in Mechanical, Production, or Automobile Engineering, along with 10 to 12 years of experience in sourcing, supplier development, and procurement in an engineering company, preferably in the auto component sector.

How much hands-on experience in product costing is required?

Candidates should have 3-4 years of hands-on experience in product costing and formulating commercial contracts.

What commodities should the Sourcing Lead be familiar with?

The Sourcing Lead should have a good understanding of proprietary parts, automotive hydraulics and pneumatic parts, wiring harnesses, metal stampings, outside processes, connectors, plastic and rubber parts, and PCBAs.

What skills are important for the Sourcing Lead role?

Important skills include excellent communication in English, cross-functional team working skills, strong analytical capabilities, customer focus, and familiarity with quality systems and project management.

Is experience in supplier relationship management necessary for this role?

Yes, developing strong supplier relationships and managing supplier performance is critical to ensure quality and cost-effectiveness in sourcing.

What does the Sourcing Lead need to do regarding supplier capacity mapping?

The Sourcing Lead is responsible for mapping supplier capacity and developing a supply base to meet fluctuating production volumes.

What type of agreements may the Sourcing Lead negotiate?

The Sourcing Lead will negotiate commercial agreements focused on the total cost of ownership for each product.

Is knowledge of import regulations required for this position?

Yes, the Sourcing Lead should have sound knowledge of imports and manage commodity trends effectively.

How important is compliance with ethical standards in this role?

Demonstrating a high level of integrity and compliance with the Eaton Code of Ethics is essential, and the Sourcing Lead is expected to hold suppliers accountable for ethical conduct.

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Eaton

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy and helping to solve the world’s most urgent power management challenges. Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.