
Outsourcing Manager- Casting, Forging Procurement
2 days ago
Department - Outsource (Procurement & Development)
Position - Outsourcing Manager- Casting, Forging Procurement
Commodity – Casting & Forgings– GDC, PDC, Sand Casting, Investment Casting, Closed die forgings.
Key Role & Responsibilities
· Identify, evaluate, and select casting and forging suppliers, considering factors like quality, cost, lead time, and capacity.
· Negotiate pricing, terms, and conditions with suppliers, including lead times and delivery schedules.
· Develop and manage contracts, ensuring compliance with company policies and legal requirements.
· Identify and implement cost-saving initiatives, such as negotiating better pricing, optimizing sourcing strategies, and leveraging volume discounts.
· Track and report on cost savings performance.
· Manage the placement and tracking of purchase orders, ensuring timely and accurate fulfillment.
· Manage inventory levels and lead time to minimize costs and ensure adequate supply.
· New product part development as per project cost and timeline
· Work with suppliers and internal teams to ensure that all castings and forging meet quality standards.
· Monitor, manage, and address the risks of supply base in delivery, finance & capacity.
Skills & Experience
· A Bachelor's Engineering degree / DME in a relevant discipline.
· A minimum of 8+ years of relevant experience.
· Strong understanding of casting and forging processes and materials.
· Experience in sourcing, negotiating, and managing contracts with suppliers.
· Knowledge of relevant industry standards and regulations.
· Excellent communication, negotiation, and interpersonal skills.
· Proficiency in using procurement software and ERP systems.
· Ability to work independently and as part of a team.
· This role requires a deep understanding of Casting & Forging processes, materials, and market trends to ensure the highest standards of quality and efficiency.
· The candidate should have in depth knowledge of the casting market regionally and globally.
· With experience in purchasing casting & Forging Components, the candidate should be capable to perform techno-commercial analysis of casted / forged parts, tooling cost and methodologies to be used.
· The candidate should be able to Provide support with his expertise on casting processes, within the company to other buyers across the commodity team.
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