strategic sourcing analyst iii

3 days ago


Bengaluru, Karnataka, India TE Connectivity Full time
Job Description

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

To ensure the timely and cost-effective availability of products by managing procurement activities that meet customer demand. This role focuses on sourcing, purchasing, and delivering materials and products in the right quantity, quality, and location, while optimizing supply chain efficiency and minimizing costs. NPI Procurement deals with New Projects inquiries from pre-RFQ stage to Business award and execution until start of serial production.

Requirements

- Support procurement activities by delivering operational market intelligence and benchmarking insights.
- Oversee intercompany procurement and allocation activities with vendors across Local, Asia Pacific, EMEA regions.
- Schedule and release purchase orders to global affiliates based on domestic requirements.
- Ensure timely order confirmations and coordinate with freight forwarders to facilitate on-time shipment handovers.
- Identify, evaluate, and select suppliers for new product components and materials. Negotiate contracts and terms to ensure the best value and quality. Responsible for RFQ includes components, commercial tooling (Both Build/Run & Build/Transfer)
- Conduct cost analysis and benchmarking to support sourcing decisions. Identify cost-saving opportunities and implement strategies to achieve cost targets.
- Manage procurement activities for new product introduction projects. Track progress, identify potential delays, and implement corrective actions to meet project timelines
- Analyze engineering drawings & bill of materials and carry out cost modelling defining highest cost contributors. Propose suitable changes with alternate manufacturing process, raw materials, adjusted design considerations, available supplier base, vis--vis cost advantage with proposed changes. Agree on an optimum approach on changes with cross-functional collaboration to execute Design for Cost strategy.

- Drive make or buy plan.
- Define strategy for all new sourcing needs considering product requirement, techno-commercial targets, optimum manufacturing process(es) and long-term commodity strategy
- Build internal should costing model for all new parts.
- Manage procurement procedures including strategy pre-alignment wherever needed, bidder list finalization, build RFQ with all requirements & specifications.

- Manage technical reviews, supplier/process capability assessments. Discuss and agree on technical feasibility with the suppliers & negotiate with internal teams in case of deviations.
- Techno-Commercial Proposal evaluation in comparison with internal should cost and benchmarking to define negotiation strategy and target cost for all the products.
- Negotiations and draft contract agreement with suppliers.
- Present the business case to Sourcing Committee for all the proposals & get it approved

Technical Skills

- SAP - Mandatory
- Advance excel
- Power BI or Tableau or any other Reporting tool.

Education and Knowledge

- Graduate Degree holder from any stream - Preferably Engineering
- Strong analytical abilities, and high proficiency creating and managing advanced models using Microsoft Excel and other relevant software.
- Good knowledge of SAP or a similar ERP-system.
- Excellent communication and partnership skills with CFTs

Critical Experience

- 10+ years working experience in Supply Chain functions
- Solid experience driving Cost Reduction and Data Analytics strategies & implementation
- Experience with SAP is highly desirable.
- Exposure to Data Analytical tools and Data Management would be an added advantage
- Knowledge of industry trends and best practices in procurement and supply chain management.

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

Compensation
. Competitive base salary commensurate with experience: $xxx - xxx (subject to change dependent on physical location)
. Posted salary ranges are made in good faith. TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.

What TE Connectivity Internship Program offers
TE has a robust internship program that provides our interns with an abundance of resources to feel included as part of our Team. Every summer we coordinate various educational and networking events for our interns. The TE University Relations team will be hosting virtual meetups, information sessions, tours, skill building presentations, and topping it off with National Intern Day celebration activities.

A unique employee resource group we have is the Young Professionals Employee Resource Group (ERG). This group is committed to creating a highly engaged and empowered cross-functional network of young professionals by placing high value in Professional Development, Networking Opportunities and Community Involvement to drive the success of our interns.

In addition to the ERG, we also provide our interns with complete access to our internal library of self-lead courses. These courses include academies like leadership to help the interns develop their development in becoming future leaders at our organization. To help with their professional growth, we provide access to Mentors via our NAVIGATE platform. Mentors serve as a guide to navigate the organization and provide additional support in their career endeavors at the company. Our program provides a holistic experience for interns that targets professional development and personal growth.

Our internship program typically runs May thru August and gives students the opportunity to work on projects that contribute to the success of their team and build on their classroom experience. Throughout the 10-12-week program, interns will be provided with:

. Onboarding & Orientation

. Professional Development Workshops

. Networking Opportunities

. Operations Experience

. Executive Exposure

Timeline
TE Connectivity recruits on campus between September and March for New Grad (FT), Rotational, Internship and Co-op positions beginning in May. Once you have applied to a position, your resume and application will be reviewed. If you are selected to move to the next step in the application process, you will be contacted by a recruiter. Once you accept an offer, the onboarding process will begin in January for interns who have committed to offers in the fall semester and upon acceptance for interns who have committed to offers in the spring semester.

EOE, Including Disability/Vets

Important Notice Regarding Recruitment Fraud
TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com. If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities.

  • Bengaluru, Karnataka, India Arrow Electronics Full time

    Position Service Desk Analyst III IT Service Desk Analyst III Service Desk Analysts are on the frontline of customer support They are focused on helping to resolve functional and technical issues end users encounter or connecting those users with more intensive IT support when needed Work efficiently with Tier II teams on required support...


  • Bengaluru, Karnataka, India beBeeSourcing Full time US$ 2,00,000 - US$ 2,50,000

    Procurement SpecialistThe Strategic Sourcing Analyst III plays a crucial role in ensuring the timely and cost-effective availability of products. This individual is responsible for managing procurement activities, sourcing, purchasing, and delivering materials and products in the right quantity, quality, and location.


  • 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 OverviewTE 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 ...

  • Sourcing Analyst

    4 weeks ago


    Bengaluru, Karnataka, India Watlow Full time

    Watlow is a global industrial technology company that uses its world-class engineering expertise, advanced thermal systems and manufacturing excellence to provide a wide array of temperature control, power control, heater technologies and temperature sensing platforms. Watlow brings its experience to a broad cross section of industries, including...

  • Business Analyst

    1 day ago


    Bengaluru, Karnataka, India C&A Sourcing Jobs Asia Full time

    About the job We are thrilled to offer a compelling opportunity to join our team as a Business Analyst, supporting the strategic development of our Sourcing business. This dynamic role is perfect for individuals passionate about data analysis, trend identification, and driving business growth. Key Responsibilities Design and develop insights and support...


  • Bengaluru, Karnataka, India beBeeStrategic Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

    Job Title: Strategic Sourcing ExpertA critical role that requires strong strategic thinking and supplier management skills.About the Role: We are seeking an experienced Strategic Sourcing Expert to lead our sourcing initiatives, drive value creation, and optimize supplier performance.Key Responsibilities: Develop and execute comprehensive sourcing...


  • Bengaluru, Karnataka, India C&A Sourcing Jobs Asia Full time

    About the jobWe are thrilled to offer a compelling opportunity to join our team as a Business Analyst, supporting the strategic development of our Sourcing business. This dynamic role is perfect for individuals passionate about data analysis, trend identification, and driving business growth.Key Responsibilities- Design and develop insights and support...


  • Bengaluru, Karnataka, India beBeeProcurement Full time ₹ 12,21,000 - ₹ 21,47,000

    Job Title:Procurement Manager, Strategic Sourcing ExpertiseAbout the RoleWe are seeking a highly skilled Procurement Manager to lead our strategic sourcing efforts. As a key member of our team, you will be responsible for developing and implementing procurement strategies that drive business growth and profitability.Your primary focus will be on managing...


  • Bengaluru, Karnataka, India beBeeBusiness Full time ₹ 18,00,000 - ₹ 24,00,000

    Business Opportunity:We are seeking a seasoned Business Analyst to support the strategic development of our Sourcing business.This dynamic role is perfect for individuals passionate about data analysis, trend identification, and driving business growth through insightful recommendations.Design and develop actionable insights and support ad-hoc analysis for...


  • Bengaluru, Karnataka, India beBeeRisk Full time ₹ 20,00,000 - ₹ 25,00,000

    Seeking a strategic Sourcing Risk Analyst to drive informed management decisions within the Bank's sourcing events. This role requires a comprehensive understanding of business priorities and requirements.The successful candidate will play a pivotal role in maintaining a bank-wide end-to-end vendor management framework, ensuring compliance with group...