Procurement Specialist Buyer

Siemens; Mumbai; On-site; INR 2,600,000 - 4,200,000; Full time

Job summary

Siemens Limited in Mumbai seeks an experienced Procurement Specialist/Buyer to develop and execute commodity strategies and lead supplier negotiations. The role focuses on cost savings, term improvements, and robust contract management to support business continuity.

You will collaborate with CVE, NPD, Quality, and Engineering teams to leverage supplier innovation and optimize procurement processes while driving sustainability and digital transformation within the function.

Qualifications

• Bachelor's degree in Mechanical or Electrical Engineering.
• 8–10 years in Procurement, Sourcing, or Buyer roles in manufacturing/engineering.
• Experience in sourcing electrical and mechanical assemblies and components.
• Knowledge of RFQs, supplier assessment, contracts, and negotiations.
• Hands-on with e-Sourcing platforms and digital procurement processes.

Responsibilities

• Develop and execute commodity strategies for assigned spend categories.
• Lead supplier negotiations across purchase volumes to achieve cost savings and favorable terms.
• Manage supplier contracts to ensure business continuity and minimize risks.
• Champion sustainability and digital procurement initiatives within procurement.
• Drive supplier performance management for quality, delivery, and cost.

Skills

Strategic Sourcing

Supplier Negotiation

Contract Management

Stakeholder Management

Cost Optimization

Cross-functional Collaboration

Risk Management

Digital Procurement

Education

Bachelor's Degree in Mechanical or Electrical Engineering

Tools

e-Sourcing platforms

Job description

Procurement Specialist / Buyer

Key Responsibilities

• Develop and execute commodity strategies for assigned spend categories, ensuring alignment between global sourcing initiatives and local business requirements.
• Plan, prepare, and independently lead supplier negotiations across varying purchase volumes to achieve targeted cost savings, improved commercial terms, and optimized payment conditions.
• Manage supplier contracts and commercial agreements to ensure business continuity, mitigate supply risks, and support organizational objectives.
• Champion sustainability initiatives and digital transformation projects within the procurement function.
• Maintain a strong understanding of commodity cost structures and proactively identify opportunities for cost optimization and value creation.
• Conduct detailed cost analyses, benchmarking, and cost breakdown assessments to support sourcing decisions and negotiation strategies.
• Collaborate closely with Cost Value Engineering (CVE), New Product Development (NPD), Quality, and Engineering teams to leverage supplier innovation and support product development programs.
• Drive supplier performance management initiatives focusing on quality, delivery, cost competitiveness, and continuous improvement.
• Ensure and drive supply chain governance within department
• Managing and Coordinating service contract activities
• Drive central procurement initiatives for the department like supplier performance management, claim management, contract management

Desired Skills & Qualifications

• Bachelors Degree in Mechanical Engineering, Electrical Engineering, or a related discipline.
• 8–10 years of relevant experience in Procurement, Strategic Sourcing, or Buyer roles within manufacturing or engineering industries.
• Strong experience in sourcing and procurement of Electrical and Mechanical Assemblies and related components.
• In-depth knowledge of procurement processes, including RFQs, supplier assessment and selection, contract management, and commercial negotiations.
• Hands-on experience with e-Sourcing platforms, procurement tools, Sustainability and digital procurement processes.
• Demonstrated ability to drive supplier performance improvements through effective supplier relationship and performance management.
• Strong stakeholder management, collaboration, communication, and cross-functional teamwork skills.
• Innovative and strategic mindset with expertise in vendor development, supply continuity, quality assurance, risk management, and cost optimization.
• Strong analytical capabilities with proficiency in cost modelling, market intelligence, and spend analysis.

Key Competencies

• Strategic Sourcing & Commodity Management
• Supplier Negotiation & Contract Management
• Risk Management & Supply Continuity
• Sustainability & Digital Procurement
• Stakeholder Management & Cross-functional Collaboration
• Supplier Development & Performance Improvement

Job Details

• Job ID: 525534
• Posted since: 02-Nov-2026
• Organization: Smart Infrastructure
• Field of work: SCM-Procurement / Supply Chain Logistics
• Company: Siemens Limited
• Experience level: Experienced Professional
• Job type: Full-time
• Work mode: Office/Site only
• Employment type: Permanent
• Location(s): Mumbai - Maharashtra - India