Strategic Sourcing Analyst
5 days ago
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
-
Strategic Sourcing
2 weeks ago
Bengaluru, Karnataka, India Fictiv Full time ₹ 12,00,000 - ₹ 36,00,000 per yearFictiv Exists to Enable Hardware Innovators to Build Better Products, FasterFictiv, coined the "AWS of manufacturing," is a leading technology company transforming the $350 billion manufacturing industry. Our cutting-edge cloud platform uses AI and machine learning algorithms to help companies build hardware at the speed of software. Come join our growing...
-
Strategic Sourcing
1 week ago
Bengaluru, Karnataka, India Stripe Full timeAbout StripeStripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead....
-
Lead Strategic Sourcing
2 weeks ago
Bengaluru, Karnataka, India Lowe's Home Improvement Full time ₹ 5,00,000 - ₹ 12,00,000 per yearAbout Lowe'sLowe's is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the...
-
Analyst, Sourcing
1 week ago
Bengaluru, Karnataka, India JPMorgan Chase Full time ₹ 6,00,000 - ₹ 18,00,000 per yearJPMorgan Chase is looking to engage with suppliers who offer the best combination of price, quality, and capability to fulfill our business requirements. This role presents an exciting opportunity for an experienced manager to cultivate relationships within the Consumer & Community Banking, Corporate & Investment Bank, Asset & Wealth Management, and other...
-
Sourcing Business Analyst
2 weeks ago
Bengaluru, Karnataka, India C&a Sourcing International Full time ₹ 9,00,000 - ₹ 12,00,000 per yearThe core purpose of this role lies in supporting and implementing sourcing analytics and business processes within the organisation. By comprehensively understanding the intricacies of our business processes, the role aims to identify areas for enhancement, thereby streamlining and optimising operational workflows. Moreover, a pivotal component involves...
-
Strategic Sourcing Lead
1 week ago
Bengaluru, Karnataka, India Infoblox Full time ₹ 1,00,00,000 - ₹ 2,00,00,000 per yearDescriptionAt Infoblox, every breakthrough begins with a bold "what if." What if your ideas could ignite global innovation? What if your curiosity could redefine the future? We invite you to step into the next exciting chapter of your career journey. Bring your creativity, drive, your daring spirit, and feel what it's like to thrive on a team big...
-
Strategic Sourcing Lead
2 weeks ago
Bengaluru, Karnataka, India Infoblox Full time US$ 10,000 - US$ 20,000 per yearDescriptionAt Infoblox, every breakthrough begins with a bold "what if." What if your ideas could ignite global innovation? What if your curiosity could redefine the future? We invite you to step into the next exciting chapter of your career journey. Bring your creativity, drive, your daring spirit, and feel what it's like to thrive on a team big...
-
Strategic Sourcing Specialist
2 days ago
Bengaluru, Karnataka, India Stripe Full time ₹ 12,00,000 - ₹ 36,00,000 per yearAbout StripeStripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead....
-
Strategic Sourcing Specialist
2 days ago
Bengaluru, Karnataka, India Hitachi Full time ₹ 6,00,000 - ₹ 12,00,000 per yearLocation:Bengaluru, Karnataka, IndiaJob ID: R0103467Date Posted: Company Name:HITACHI ENERGY TECHNOLOGY SERVICES PRIVATE LIMITEDProfession (Job Category):Customer Service & Contact Center OperationsJob Schedule: Full timeRemote:NoJob Description:The opportunity:This role will support the tactical and strategic mission of the PGGA SCM teams for North...
-
Strategic Sourcing Leader
1 week ago
Bengaluru, Karnataka, India GE HealthCare Full time ₹ 8,00,000 - ₹ 16,00,000 per yearJob Description SummaryIn this role, you will be embedded in the Cross Functional Team of the Ultrasound Probes business and will be responsible for program sourcing activities at India under the reporting line of a Japan-based manager. You will own dedicated products from a sourcing perspective - managing New Product Introduction (NPI), be catcher side as...