Strategic Sourcing Analyst

4 weeks ago

Bengaluru, Karnataka, India TE Connectivity Full time

About the job - At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

Job Overview:

- TE Connectivity's Strategic Sourcing Teams develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service.

- They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners.

- They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal TE leverage.

- Our teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with TE policies and procedures.

Roles & Responsibilities:

- Develop commodity strategies aligned with business objectives.

- Identify and develop new suppliers in collaboration with cross-functional teams.

- Optimize the supplier base to enhance efficiency and quality.

- Conduct RFQs for NPI (New Product Introduction) projects.

- Negotiate master purchasing contracts, Quality Assurance agreements, Non-disclosure agreements, consignment contracts, etc. , with suppliers.

- Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, and negotiation.

- Collaborate with engineering teams to lead Value Analysis/Value Engineering (VA/VE) projects.

- Coordinate cross-functional efforts to achieve project KPIs including savings, lead time reduction, minimum order quantity optimization, dual sourcing, and localization.

- Lead quarterly supplier scorecard reviews to improve supplier performance in quality, delivery, and cost.

- Identify risks, opportunities, and underperforming suppliers; implement corrective actions to mitigate risks and ensure continuous improvement.

- Perform tactical work in SAP.

- Collaborate with plant teams as necessary.

Experience Required/Desired:

- Bachelor's/Master's degree or above in a relevant field.

- Fluent in spoken and written English

- 8+ years of experience in sourcing, preferably in Electronics (experience in IC, PCB, connector, or cable assembly industry is highly preferred)

- Engineering background is advantageous.

- Proficiency in office software; knowledge of ERP systems (SAP preferred)

- Experience working in a global role in multinational Integrity, Accountability, Inclusion, Innovation, Teamwork

(ref:iimjobs.com)

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