Strategic Sourcing Analyst

5 days ago


Bengaluru, Karnataka, India TE Connectivity Full time ₹ 8,00,000 - ₹ 24,00,000 per year

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, and contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across business units and across 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.

KEY RESPONSIBILITIES:

  • 7+ years' experience in sourcing area
  • Responsible for analyzing input requests and identifying the right suppliers from the approved supplier panel.
  • Responsible for preparing RFQs, quote analysis, negotiations, obtaining Sourcing Committee approvals, and awarding new business to suppliers to develop finished products, components, and tooling.
  • Define the PBL supplier sourcing strategy based on business needs that defines strategic suppliers into grow, fix, and exit suppliers and maintains product footprint, including "make or buy" analysis. Introduce new suppliers in SEA, India, Mexico, and North America.
  • Accountable for info record and PO accuracy, transfer relevant data to SCM (Incoterm, lead time, price, MOQ, etc.)
  • Drive attainment and improvement of relevant procurement KPIs, including Material Productivity (CMP), Lead Time Performance, Delivery (STR/STC), and Quality (DLPM).
  • Responsible for improving material productivity by maintaining 125% material pipeline, CMP, TEBIT, and WAV
  • analysis and Drive VA/VE projects in collaboration with Engineering
  • Responsible for supplier price management, including PIA
  • Responsible for maintaining the capabilities and capacities of suppliers to avoid any constraints
  • Ensure and Drive MOQ optimization for material/components (incl. finished goods) used by the plant for production
  • and establish supplier agreements (e.g.,VMI, EDI, consignment, Scheduling Agreements frame order review, blanket PO)
  • Lead the consolidation of the supplier footprint, including setting up new suppliers and reducing number of suppliers
  • Ensure that suppliers meet TE compliance requirements (RoHs, Reach, conflict minerals, supplier portals)
  • Responsible for contracting of supplier commercial agreements, incl. bailment, inventory management, and supply agreements.
  • Responsible for conducting QBR's with strategic suppliers and driving of respective corrective actions
  • Regularly carry out Suppliers risk assessments per business needs
  • Ensure data on OV tools is captured and delivered to finance.
  • Work with team on ISO-related documents, processes, and compliance checks on regular frequency
  • Support the tactical buyer in the following tasks: inventory management components, managing outside product, and blocking invoices.

DESIRED SKILLS:

Excellent problem-solving skills, analytical skills, and communication skills

Ability to demonstrate strong customer focus and continues improvement

Strong project management skills and ability to multi-task

Ability to work in a matrix environment with multi-cultural teams

Ability to create competitive strategies and plans, broad knowledge of strategies and tactics of the marketplace, knows trends

Knowledge of regional and global supplier base for relevant commodities

Advanced knowledge in the use of SAP and Microsoft Office, i.e. Excel, Outlook, Word, PowerPoint

Fluent English at negotiation level,
• Integrity, Accountability, Teamwork, Innovation

Proactive, detailed-oriented, Strong analytical skills, Cross-functional skills



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