Commodity Procurement Manager

Visteon Corporation; Pune District, Chennai District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Visteon Corporation is seeking a Commodity Procurement Manager in India, with 7-10 years in automotive procurement and a strong cost modeling background. The role focuses on on-time delivery, competitive material pricing, and cross-functional collaboration to influence supplier quotes and design-to-cost decisions.

The candidate should have a Bachelor’s degree or higher, strong data consolidation skills, and excellent English communication, ready to work in a global organization.

Qualifications

• 7-10 years working experience and 5+ years procurement experience in automotive industry with bachelor above degree, majoring in mechanical/costing is a plus.
• Strong data consolidation capability with experienced analytical skillsets for cost modeling and reporting.
• Detail Oriented: capable of carrying out a given task with all details necessary to get the task done.
• Self-motivated, good team player and able to handle stress in a global organization structure.
• Strong communication with fluent English in both written and speaking.

Responsibilities

• On-Time Cost Delivery & Accuracy: ensure on-time delivery with required specs under market nuances and pricing.
• Lead cost/quote modeling for sub-categories, drive design-to-cost/value approaches and review supplier quotes.
• Engage cross-functional teams early to meet competitive material targets and drive cost competitiveness.
• Encourage supplier competition to improve technology sharing and future design input during quotes.

Skills

Data consolidation

Cost modeling

Analytical skills

Attention to detail

Team player

English communication

Education

Bachelor's degree or higher

Job description

Job Title: Commodity Procurement Manager
Job Location: Chennai, Pune

Position Specific Requirements
On Time Cost Delivery & Accuracy
- On-time cost delivery with the required specification based on market nuances and serial production pricing, with the capability to deal with ambiguity during RFx stage when spec is not fully finalized.
- Conduct workshops to ensure competitiveness delivered with not limited to competitors benchmark, market test, VAVEs to cultivate an outward- in approach for the outcome.
- Drive early engagement by involving all cross-function teams to meet at a competitive material target with a bottom up focused approach.
Cost Control & Competitiveness
- Aggressively participating supplier cost structure review to drive improved commoditization and enhanced understanding of market influencers on end item pricing.
- Develop cost/quote modeling for key sub-category based on product needs, engage with supplier technology roadmaps to drive design-to-cost/design-to-value approach for product offering.
- Review and negotiate supplier quotes against pricing trends/benchmarks/cost models and drive the purchasing commitment with TCO mindset in place.
- Encourage supplier competition to improve technology sharing and influence suppliers future design definition during the quote offering stage.
Key Performance Indicators:
- On-Time Quote delivery
- Competitive material cost upon quote submission with the integrated cost detail supported.
- Demonstrate round-to-round improvement with specific cost analysis/walk in place.
- Cost Model & Should Cost Analysis for key sub-category.

Qualification, Experience and Skills:
- 7-10 years working experience and 5+ years procurement working experience in automotive industry with bachelor above degree, majoring in mechanical/costing is a plus.
- Strong data consolidation capability with experienced analytical skillsets for cost modeling and reporting.
- Detail Oriented: capable of carrying out a given task with all details necessary to get the task done.
- Self-motivated, good team player and able to handle stress and willing to work in global organization structure.
- Strong communication with fluent English in both written and speaking.