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.