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strategic sourcing analyst ii

4 months ago

Bengaluru, Karnataka, India TE Connectivity Full time

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.

TE Connectivity Ltd. is a $16 billion global technology and manufacturing leader creating a safer, sustainable, productive, and connected future. For more than 75 years, our connectivity and sensor solutions, proven in the harshest environments, have enabled advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With 80,000 employees, including more than 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at

Responsibility:


• Develops and distributes RFPs/RFQs and obtains bids or information from vendors and evaluates the proposals/quotes.

• Identifies, evaluates, approves, and qualifies vendors who are reliable and can meet the requirements, standards and specifications set by TE.

• Conducts competitive bidding, negotiation, contracting processing, identifies technical specifications, understand parts & commodities, brings in continuous improvements, collaborates across TE BUs and /or regions for optimal leverage, aligns strategy and execution with cross functional teams such as engineering, manufacturing, product management, quality and other functions.

• Develops and executes multi-year sourcing strategy for the commodities, identifies qualified / potential suppliers by evaluating product offerings / proposals.

• Negotiates contracts with shortlisted / selected suppliers to develop mutually acceptable contractual agreements, ensuring that all procurement activities comply with TE procurement policies and external regulations.

• Needs to track supplier performance and compliance with expectations or as per agreed terms.

• Analyse and evaluate external price trends and commodity costs.

• To reduce cost by alternative sourcing, ensuring long term agreements, securing discounts for volume purchases, recommends cost-saving proposals, make v/s buy decision.

Desired Candidate Profile:

EDUCATION/KNOWLEDGE


• BE/ B.Tech (Electronics, Mechanical or any)

• Understanding and professional experience on Strategic sourcing

• Excellent communication

• Should have knowledge and experience in Fibre Optics components and knowledge on machined and fabricated components required.

• Should have Knowledge on Costing of Finished goods/Final assembly.

CRITICAL EXPERIENCE


• 6+ years' experience in strategic sourcing platform.

• Knowledge on SAP (Preferably MM Module)

• Should be well versed on Microsoft Office, especially Excel and Power point

• Having experience in Aerospace Industries preferred.

Competencies
Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

EOE, Including Disability/Vets