Deputy Manager - Casting Commodity Sourcing

Bonfiglioli; Chennai; On-site; INR 900,000 - 1,700,000; Full time

Job summary

Bonfiglioli in Chennai seeks a Senior Sourcing professional to manage casting commodity requirements from Indian suppliers, ensuring best cost, timely delivery and quality. The role involves supplier development, RFQ management, technical agreements and ongoing cost optimization with global business units.

Key responsibilities include coordinating with Quality and Engineering teams for part development, maintaining records, and driving supplier performance to meet cost and delivery targets.

Qualifications

• Experience in casting sourcing and supplier development
• Ability to manage RFQ packages with drawings and specs
• Track record of negotiating cost, terms, and agreements

Responsibilities

• Supply Base Development: scout vendors and develop trustworthy partners
• RFQ Management: prepare RFQ, extract part details, issue to suppliers, compare quotes
• Part Development: coordinate technical agreement and on-time delivery
• Supplier development & Management: negotiate with suppliers to meet cost and delivery targets
• Supplier Cost Competitiveness: analyze quotations and target cost, maintain pricing data
• Pricing framework with strategic suppliers: establish pricing methodologies and agreements
• Commodity ownership & Supplier Engagement: periodic analysis and supplier interface meetings
• QMS & Statutory Compliance: zero non-conformance

Skills

Sourcing

RFQ Management

Vendor development

Cost optimization

Negotiation

Job description

Role & responsibilities

1. JOB PURPOSE

To effectively manage and Source for Commercial Commodity requirements from Indian suppliers, towards Best cost potentials to other BTPL and support part development Timely and Cost competitively with Quality.

Accountability Areas

Key Related Activities

Supply Base Development

• Scout vendors by assigned commodity in consultation with Casting Sourcing leader for best cost Potentials with trustworthy partners.
• Execute casting sourcing projects assigned, including agreements such as NDA, GTC, SQA Agreement and Long-Term Supply Agreement.
• Monitor & Expedite development of suppliers for Projects
• Maintain defined hard copy and soft copy records for all Sourcing projects

RFQ Management

• Prepare the RFQ package with drawings, specifications applicable
• Extract and summarize part level basic details from drawing & Specifications
• Send RFQ to the shortlisted suppliers and get the quotation & Feasibility within timeline of the project requested by BU.
• Update quote progress status and Quote comparison project & part level.
• Follow-up with suppliers on Counter offers and Commercials, make agreement
• Update & Maintain defined hard copy and soft copy records

Part Development

(Where Project Form requested)

• Co-ordinate for Technical Agreement between Supplier and Bonfiglioli Supplier Quality and Engineering Team.
• Manage Part Development Kick-off, Review and Track ON TIME delivery
• Follow up with suppliers on Plan Vs Actual, Update & circulate ALM sheet Monthly
• Weekly review on GAP analysis and Take appropriate action to meet Target
• Escalate upon the delays/no progress areas for resolution

Supplier development & Management

• Co-ordinate negotiations with Commodity Suppliers to ensure they meet Cost targets of Business Unit needs and align with Commodity leaders
• Drive projects with suppliers to improve Quality, Delivery and Cost for BUs
• Ensure Capacity allocation/creation & Capability Enhancement for Global BUs
• Co-Ordinate with suppliers and Quality, Engineering technical team on technical reviews and development expedite.
• Update & Maintain defined hard copy and soft copy records

Supplier Cost Competitiveness

• Estimate cost by analyzing and bench-marking techniques
• Analyze the quotations from supplier and submit the target cost working, Approve Pricing agreement and maintain pricing Data by supplier & commodity
• Meet cost Target for Part as well as Capex, maintain all commercials records
• Execute the assigned cost savings projects, ensures the accuracy and planning for the achievement of critical project milestones.

Pricing framework agreement with strategic suppliers

• Sign off base Pricing methodology agreement (template) for each Commodities with suppliers with clear price movement clause
• Sign off General Terms & Condition, SQA agreements
• Update & Maintain defined hard copy and soft copy records

Commodity ownership & Supplier Engagement

• Periodic commodity analysis, Budgeting & Compliance
• Capacity review of commodity supplier for the medium term (6 months) & Long term (3 years) and identify actions
• Record supplier issue and respond with target date for resolution
• Conduct quarterly supplier interface meeting.
• Create & Maintain MIS for commodity projects

QMS & Statutory Compliance

• Zero non-conformance

1. DIMENSIONS/BUSINESS METRICS

FINANCIAL

• Export value from ASIA to other Regions
• Price management with suppliers

OPERATIVE

• Suppliers with Adequate capacity for 6 months Rolling Forecast
• OTD for Regular and New part development

STAFF

Skilled one Level more than needed

1. KEY PERFORMANCE INDICATORS

RFQ Management - Response to queries and RFQ 100% and Price agreement with suppliers

Supply Base Growth Develop supppliers for Castings, Machining commodities

On time Part development Execution 90% as per committed Lead time; 100% not more than 2 weeks from Committed Lead time

Prefers Candidate with 10 Years and Above with Sourcing Background for Casting / Automobile Industry