Capgrid - Senior Executive/Assistant Manager/Deputy Manager/ Manager - Sourcing/Vendor Development (Machining)
2 days ago
Department: CFM – Casting, Forging & Machining
Location: Gurugram
Experience: 5+ Years
Industry: Automotive (Tier-I Supplier / OEM Experience Mandatory)
Notice Period: Immediate to 30 Days
Company Overview:
CapGrid is a technology-driven manufacturing solutions company specializing in end-to-end sourcing, supplier management, and quality assurance for the automotive and industrial sectors. Leveraging a robust supplier network and digital platforms, CapGrid optimizes procurement efficiency and ensures high-quality component delivery to leading OEMs and Tier-I manufacturers.
We are looking for a result-oriented professional to join our Casting, Forging & Machining (CFM) sourcing team. The ideal candidate will have extensive experience in machined component sourcing, vendor development, and costing, preferably within the automotive industry.
This role requires strong technical acumen in machining processes, supplier management, and cost optimization to ensure seamless supply chain performance and value creation.
Key ResponsibilitiesLead sourcing and vendor development for machined components within the CFM category.
Evaluate, identify, and onboard new vendors to meet quality, cost, and delivery targets.
Perform cost analysis, should-cost estimation, and cost benchmarking for machined and forged components.
Negotiate commercial terms, lead times, and pricing with suppliers to achieve procurement savings.
Collaborate with design, quality, and production teams to ensure technical feasibility and supplier alignment.
Conduct supplier audits and drive continuous improvement in performance and capability.
Monitor supplier KPIs related to cost, quality, and delivery performance.
Ensure timely development and sourcing of new components for ongoing and upcoming projects.
Bachelor's Degree in Mechanical / Production Engineering or related field.
Minimum 5 years of experience in sourcing/vendor development within the automotive sector.
Strong knowledge of machining, casting, and forging processes.
Excellent skills in costing, negotiation, and supplier management.
Proficiency in MS Excel, ERP systems, and cost estimation tools.
Strong interpersonal, analytical, and problem-solving abilities
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