Vendor Developement

Job Purpose:The Sr. Specialist - Vendor Development will be responsible for the end-to-end process of identifying, evaluating, developing, and managing a robust vendor base for critical auto-electrical components specifically for EV two-wheeler applications. This role requires strong technical understanding of auto-electrical systems, exceptional negotiation skills, and a proactive approach to ensuring cost-effectiveness, quality, and timely delivery of components such as HV & LV cables, Portable Residual Current Devices (PRCD), electronic handlebar locks, horns, and vents.Position Overview:Location: ChennaiPosition Title: Sr. Specialist - Vendor Development (Auto Electricals - 2W)Reports to: LeadFunction: Vendor DevelopmentWhat you'll bring:Experience: 9 to 12 years’ experience in Vendor Development – Auto electrical (2W) PartsQualification: Bachelor’s degree in EEE/ECE/Mechanical/Automobile/ProductionRequired Skillset:8-12 years of experience in vendor development, strategic sourcing, or procurement, with a significant focus on auto-electrical components, preferably within the automotive or EV industry.Technical Skills: (Mandatory to have)- Strong understanding of auto-electrical systems and components, especially for EV applications. - Knowledge of manufacturing processes relevant to electrical components (e.g., wire harnessing, injection molding, PCB assembly). - Familiarity with quality standards and certifications (e.g., IATF 16949, ISO 9001). - Proficiency in using ERP systems (e.g., SAP, Oracle) and procurement software.Soft Skills:- Excellent negotiation and communication (written and verbal) skills. - Strong analytical and problem-solving abilities. - Proven ability to build and maintain strong relationships. - Detail-oriented with strong organizational skills. - Ability to work independently and as part of a team in a fast-paced environment. - Proactive, results-oriented, and a self-starter. Desired Attributes: - Experience working with EV Job Description 2025 OEMs or Tier 1 suppliers. - Demonstrated ability to achieve significant cost savings and improve supplier performance. - Willingness to travel as required for vendor visits and audits.What you’ll do:Sourcing & Supplier Identification:- Identify and evaluate potential domestic and international suppliers for HV & LV cables, PRCD, electronic handlebar locks, horns, vents, and other auto-electrical components for EV two-wheelers. - Conduct market research to identify new technologies, materials, and suppliers that can enhance product performance, reduce costs, or improve supply chain efficiency. - Develop a strong pipeline of qualified vendors based on technical capabilities, quality systems, financial stability, and ethical practicesCosting & Analysis:- Conduct detailed cost analysis of components, including material costs, manufacturing processes, tooling costs, and overheads. - Benchmark component costs against industry standards and competitor pricing to identify cost reduction opportunities. - Prepare comprehensive cost reports and present findings to management. ·Negotiation & Contract Management:- Lead negotiations with vendors on pricing, payment terms, delivery schedules, quality standards, and service level agreements (SLAs). - Develop and implement negotiation strategies to achieve favourable terms and conditions while maintaining strong vendor relationships. - Draft, review, and finalize procurement contracts and agreements to ensure compliance with legal and company policies.Vendor Development & Relationship Management:- Collaborate with engineering, quality, and production teams to define technical specifications and quality requirements for components. - Conduct technical audits and assessments of potential and existing vendors to ensure adherence to quality management systems. - Drive continuous improvement initiatives with vendors to enhance product quality, reduce lead times, and optimize manufacturing processes. - Monitor vendor performance through key performance indicators (KPIs) such as on-time delivery, quality, and cost. - Build and maintain strong, long-term relationships with key suppliers. · Component Specific Expertise: - Develop in-depth technical knowledge of HV & LV cables (understanding of voltage ratings, current carrying capacity, insulation materials, shielding, etc.). - Understand the functionality and safety aspects of PRCDs for EV charging applications. - Familiarity with the design, operation, and security features of electronic handlebar locks. - Knowledge of various types of horns and their acoustic properties. - Understanding of venting requirements for battery packs and other EV components.Market Intelligence:- Stay updated on industry trends, technological advancements, and regulatory changes related to EV auto-electrical components. - Gather market intelligence on raw material prices, supplier capacities, and competitive landscapes.