Commodity Buyer Casting Forging And Machining Components

Lincoln Motor Company; Chennai District; On-site; INR 1,500,000 - 2,000,000; Full time

Job summary

Lincoln Motor Company is seeking a Senior Commodity Buyer to develop and execute commodity strategies that support program objectives, cost reductions, and supplier performance. You will partner with cross-functional teams to ensure competitive sourcing, supply continuity, and sustainable cost performance.

The role requires leadership in strategic sourcing, risk management, and continuous improvement across a global supplier base, with a focus on automotive manufacturing environments.

Qualifications

• Bachelor’s degree in Mechanical Engineering, Production Engineering, or a related engineering discipline.
• Minimum 8 years of experience in purchasing, sourcing, or commodity management.
• Experience managing automotive suppliers.
• Strong negotiation, analytical, and problem-solving skills.
• Excellent presentation and communication skills.
• Ability to manage multiple priorities and deliver results in a fast-paced environment.

Responsibilities

• Develop and execute negotiation strategies to achieve program targets related to tooling and piece-price costs.
• Support program sourcing activities and deliver competitive commercial agreements.
• Partner with cross-functional teams to meet program milestones and business objectives.
• Lead supplier negotiations to achieve year-over-year cost reduction targets.
• Utilize cost analysis and benchmarking tools to drive best-in-class pricing.
• Identify supply risks and implement mitigation plans.
• Drive localization and regional sourcing initiatives where appropriate.
• Develop and execute regional commodity strategies aligned with global business objectives.
• Ensure uninterrupted supply to support production requirements.
• Influence and lead cross-functional teams within a global and multicultural environment.

Skills

Negotiation

Analytical

Problem-solving

Presentation skills

Communication skills

Multitasking

Education

Bachelor’s degree in Mechanical Engineering or Production Engineering

Job description

Job Description:

The Senior Commodity Buyer is responsible for developing and executing commodity strategies that support program objectives, cost reduction goals, supplier performance improvements, and long-term business plans. This role works closely with suppliers and cross-functional stakeholders to ensure competitive sourcing, supply continuity, quality excellence, and sustainable cost performance.

Responsibilities

Responsibilities

Strategic Sourcing & Program Support

• Develop and execute negotiation strategies to achieve program targets related to tooling and piece-price costs.
• Support program sourcing activities and deliver competitive commercial agreements.
• Partner with cross-functional teams to meet program milestones and business objectives.

Cost Management & Value Optimization

• Lead supplier negotiations to achieve year-over-year cost reduction targets.
• Utilize cost analysis and benchmarking tools to drive best-in-class pricing.
• Identify and implement value engineering opportunities that improve total value across the supply chain.

Supplier Development & Risk Management

• Support the development of a high-performing and sustainable supplier base.
• Monitor supplier performance in quality, delivery, and cost.
• Identify supply risks and implement mitigation plans.
• Drive localization and regional sourcing initiatives where appropriate.

Commodity Strategy

• Participate in global commodity reviews and strategic planning activities.
• Develop and execute regional commodity strategies aligned with global business objectives.
• Leverage global sourcing opportunities to maximize value and competitiveness.

Production Support

• Ensure uninterrupted supply to support production requirements.
• Resolve supplier and supply chain constraints that could impact operations.

Leadership & Collaboration

• Influence and lead cross-functional teams within a global and multicultural environment.
• Share knowledge, mentor team members, and contribute to team development initiatives.
• Foster a culture of continuous improvement and process discipline.

Qualifications

Qualifications

Required Qualifications

• Bachelors degree in Mechanical Engineering, Production Engineering, or a related engineering discipline.
• Minimum 8 years of experience in purchasing, sourcing, or commodity management.
• Experience managing suppliers within automotive manufacturing environments.
• Strong negotiation, analytical, and problem-solving skills.
• Excellent presentation and communication skills.
• Ability to manage multiple priorities and deliver results in a fast-paced environment.

Preferred Qualifications

• Automotive commodity buying experience.
• Manufacturing process expertise in casting, forging, and machining.
• Experience working with global suppliers and cross-functional teams.
• Knowledge of supplier risk management and cost modeling techniques.
• Project management experience.

Requirements: