
Vendor Development Manager
1 week ago
Role & responsibilities
- Plan and execute procurement of raw materials, components, consumables, and services.
- Identify reliable suppliers and negotiate pricing, delivery schedules, and payment terms.
- Monitor and maintain optimum inventory levels in coordination with production planning.
- Identify, evaluate, and develop new suppliers for localization and alternate sourcing.
- Conduct supplier audits to evaluate capacity, quality systems, and compliance.
- Build and maintain strong relationships with domestic and international suppliers.
- Monitor vendor performance (Quality, Cost, and Delivery QCD) through structured reviews.
- Support sourcing and development of new components in line with project timelines.
- Coordinate with R&D, Quality, and Production teams for supplier development.
- Ensure suppliers meet APQP/PPAP/IATF requirements for new projects.
- Drive VA/VE initiatives and alternative sourcing for cost optimization.
- Benchmark procurement costs and implement strategies for continuous savings.
- Support localization initiatives to reduce dependency on imports.
- Ensure adherence to ISO/IATF standards and company procurement policies.
- Maintain accurate purchase orders, contracts, and supplier records.
- Track and report key procurement KPIs to management.
Preferred candidate profile
- Knowledge of automobile components, supply chain, and vendor ecosystem.
- Strong negotiation, vendor management, and analytical skills.
- Understanding of IATF 16949, ISO 9001, APQP/PPAP processes.
- Good communication, problem-solving, and project management skills.
- Proficiency in ERP and MS Office tools
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