agm - mmd

2 days ago


Chennai, Tamil Nadu, India Rane Group Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Role & responsibilities:

  • Lead the development and execution of sourcing strategies for forging, castings and other raw materials, finished components aligning procurement decisions with long-term business goals and product roadmaps.
  • Identify, evaluate, and onboard high-quality domestic and international suppliers, with a strong emphasis on capabilities relevant to auto component manufacturing.
  • Establish and monitor stringent supplier performance metrics (Quality, Cost, Delivery, and Service - QCDS). Drive supplier relationship management (SRM) to foster strategic, long-term partnerships.
  • Spearhead cost reduction and cost avoidance initiatives through systematic negotiation, benchmarking, and Value Analysis/Value Engineering (VA/VE) programs in collaboration with R&D and Engineering teams.
  • Conduct complex price negotiations, manage commodity price fluctuations, and provide accurate material cost forecasts to senior management.
  • Draft, review, negotiate, and finalize all major procurement contracts, long-term agreements (LTAs), and non-disclosure agreements (NDAs) with suppliers.
  • Ensure all sourcing and contracting activities comply with company policies, legal requirements, and ethical standards. Mitigate supply chain risks, particularly related to single-sourcing and geopolitical volatility.
  • Work closely with Finance (for budgeting/forecasting), Quality (for supplier quality assurance), and Operations (for timely material flow) to ensure alignment.

Preferred candidate profile:

  • A bachelors degree in engineering (Mechanical/ Automotive/ Production)
  • years of experience in materials management, procurement, and distribution in the auto components or manufacturing industry.
  • Experience in Supplier and components development of castings and forgings.
  • Cost reduction initiatives thru VA / VE, Negotiation, Localization.
  • Subcontracting process knowledge, negotiation and commercial skill and knowledge in various manufacturing processes.
  • Strong knowledge of SAP, advanced proficiency in MS Excel and data analysis for decision-making.
  • Proven leadership skills with the ability to manage and motivate teams effectively.
  • Excellent problem-solving, and negotiation skills.
  • Strong communication skills, with the ability to collaborate with internal and external stakeholders.
  • Knowledge of lean manufacturing, supply chain best practices, and vendor relationship management.