Buying Analyst

Cummins Inc; Krishnagiri District; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Relocation package

Job summary

Cummins Inc. is seeking a Strategic Sourcing / Procurement Specialist to optimize costs and manage supplier relationships across components like castings, forgings, machining, and sheet metal. You will develop should-cost models, conduct supplier negotiations, and drive VA/VE initiatives while ensuring quality and compliance.

Collaboration with engineering and program teams is essential to success. The role demands strong analytical skills, ERP experience (SAP JD Edwards Oracle), and a proven

Qualifications

• Bachelor’s degree in engineering, supply chain, procurement, business administration or related field.
• Additional specialization in strategic sourcing, cost engineering, or supply chain is advantageous.
• Experience in cost analysis and supplier negotiations is preferred.

Responsibilities

• Manage supplier agreements, including NDAs and purchasing contracts.
• Lead sourcing and localization programs with timely execution and milestones.
• Develop and evaluate should-cost models for castings, forgings, machining, sheet metal and components.
• Prepare tooling cost estimates for new product development and localization projects.
• Conduct raw material cost trend analysis, RM indexing and benchmarking for negotiations.
• Lead commercial negotiations and cost settlements while maintaining supplier relationships.
• Prepare RFQs and evaluate quotations using TCO and cost analyses.
• Benchmark BOM costs for vehicles, aggregates and sub-systems for optimization.
• Identify VA/VE initiatives and implement cost reductions across commodities.
• Develop sourcing strategies and assess supplier capabilities for selection and development.
• Monitor manufacturing technologies and cost drivers across gears, castings, forgings, sheet metal, brakes, bearings, rubber, seals.
• Manage procurement transactions and reporting using SAP MM, JD Edwards, or Oracle.
• Ensure compliance with procurement policies and ethical sourcing practices.
• Collaborate with Engineering, Quality, Manufacturing, Finance, and Program Management.

Skills

Strategic sourcing

Procurement

Cost engineering

Supplier management

Should-cost analysis

Cost estimation

RFQ management

Negotiation

Cross-functional collaboration

Data analysis

Education

Bachelor’s degree in Engineering/SCM/Procurement

Degree in Supply Chain or related discipline (preferred)

Tools

SAP MM

JD Edwards

Oracle

Job description

Job Summary

The Strategic Sourcing / Procurement Specialist supports sourcing, localization, supplier management, commercial negotiations, and cost optimization activities for Cummins products. The role is responsible for analyzing supplier quotations, conducting should-cost and benchmarking analysis, developing sourcing strategies, managing supplier agreements, and identifying cost reduction opportunities while ensuring quality, delivery, compliance, and long-term supplier relationships.

Key Responsibilities

• Manage supplier agreements, including Non-Disclosure Agreements (NDAs), purchasing agreements, and other commercial contracts.
• Lead sourcing and localization programs, ensuring timely execution and achievement of project milestones.
• Develop and evaluate should-cost models for castings, forgings, machined components, sheet metal, brake components, and proprietary parts.
• Prepare and evaluate tooling cost estimates for new product development and localization projects.
• Conduct raw material cost trend analysis, RM indexing, price benchmarking, and commercial analysis to support supplier negotiations.
• Lead commercial negotiations with suppliers and drive successful cost settlements while maintaining strong supplier relationships.
• Prepare and issue RFQs and evaluate supplier quotations using Total Cost of Ownership (TCO) and technical-commercial analysis.
• Analyze and benchmark BOM costs for complete vehicles, aggregates, and sub-systems to identify cost optimization opportunities.
• Identify and implement Value Analysis/Value Engineering (VA/VE) and cost reduction initiatives across commodities.
• Develop sourcing strategies, assess supplier capabilities, and support supplier selection and development.
• Monitor manufacturing technologies, cost drivers, market trends, and industry developments across commodities such as gears, castings, forgings, sheet metal, brake components, bearings, rubber, and seals.
• Manage procurement transactions and reporting using ERP systems such as SAP MM, JD Edwards, or Oracle .
• Ensure compliance with procurement policies, procedures, ethical sourcing practices, and applicable commercial requirements.
• Collaborate with Engineering, Quality, Manufacturing, Finance, Supply Chain, and Program Management teams to achieve sourcing and project objectives.
• Analyze sourcing data and market intelligence to identify process improvement and cost reduction opportunities.
• Maintain appropriate supplier, legal, and compliance documentation in applicable systems.
• Support supplier onboarding, vendor management, and procurement process improvement initiatives.

Qualifications

• Bachelor's degree in Engineering, Supply Chain Management, Procurement, Business Administration, or a related field.
• A degree or specialization in Supply Chain, Procurement, Manufacturing, or related discipline is preferred.
• Additional qualifications in strategic sourcing, cost engineering, or supply chain management will be an advantage.

Skills & Experience

• Relevant experience in strategic sourcing, procurement, commodity management, cost engineering, or supplier management .
• Hands-on experience in should-cost analysis and cost estimation for manufacturing processes such as castings, forgings, machining, sheet metal, brake components, or proprietary parts.
• Strong understanding of manufacturing processes, tooling costs, raw material cost drivers, and supplier economics.
• Experience in RFQ management, supplier quotation analysis, cost benchmarking, and commercial negotiations.
• Knowledge of VA/VE, cost reduction, localization, and sourcing strategy development .
• Working knowledge of SAP MM, JD Edwards, Oracle , or similar ERP/procurement systems.
• Strong analytical and data interpretation skills with the ability to use cost and market data for business decisions.
• Understanding of Total Cost of Ownership (TCO) principles and supplier evaluation methodologies.
• Strong financial acumen and understanding of procurement cost structures.
• Excellent negotiation, communication, stakeholder management, and conflict-resolution skills.
• Ability to build effective relationships with suppliers and cross-functional teams.
• Strong project/program management skills with the ability to manage multiple priorities and deliver against timelines.
• High level of integrity and understanding of procurement ethics, policies, and compliance requirements.

Ability to work effectively in a global, cross-functional environment and adapt to changing business requirements.

Job Purchasing

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2434410

Relocation Package Yes

100% On-Site No