Purchase Executive & Sourcing- Casting & Forging Components - Chennai
SAI Hr Consultants
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Job summary
SAI Hr Consultants is seeking a Senior Executive Purchase & Strategic Sourcing to lead strategic procurement, supplier development and localisation for a broad range of engineering components. You will drive cost optimisation, supplier negotiations and cross‑functional collaboration to ensure global sourcing success.
The role demands strong hands‑on experience in sourcing Castings, Forgings, Sheet Metal, Fabricated and Plastic components, with emphasis on cost analysis, QCD, and international
Qualifications
- Bachelor's degree in Mechanical/Production/Industrial Engineering or equivalent.
- 7–12 years of experience in Purchase, Strategic Sourcing or Procurement within Automotive/Engineering/Manufacturing.
- Experience with both domestic and international suppliers and ERP tools.
Responsibilities
- Develop and implement strategic sourcing for direct materials and engineering components.
- Lead supplier development from identification to SOP and qualification.
- Conduct cost benchmarking and VA/VE initiatives to drive savings.
- Manage imports, localisation and global sourcing with lead-time and landed-cost control.
- Collaborate with Engineering, Quality, Production and Finance for supplier approvals.
- Negotiate favourable terms and drive continuous supplier performance.
- Track KPIs: cost savings, localisation, quality, delivery and risk.
Skills
Education
Tools
Job description
Location: Chennai, Tamil Nadu
Experience: 7 to 12 Years
Industry: Automotive / Engineering / Manufacturing
Function: Purchase, Strategic Sourcing & Supplier Development
Designation: Senior Manager Purchase & Strategic Sourcing
We are looking for an experienced Senior Executive Purchase & Strategic Sourcing to lead strategic procurement, sourcing, supplier development, vendor development, localisation and cost optimisation initiatives across a wide range of engineering components.
The ideal candidate should have strong hands‑on experience in sourcing and procurement of Castings, Forgings, Sheet Metal Components, Fabricated Parts, Plastic Components, Rubber Components and Aluminium Die Casting Parts.
The role requires strong commercial, technical and supplier‑management capabilities, along with experience in local and global sourcing, imports, localisation, cost analysis and supplier negotiations.
- Develop and implement strategic sourcing strategies for direct materials and engineering components.
- Identify, evaluate and develop reliable domestic and international suppliers.
- Drive sourcing decisions based on cost, quality, delivery, capacity and technology.
- Conduct RFQs, technical‑commercial evaluations and supplier negotiations.
- Develop long‑term sourcing strategies aligned with business and product requirements.
- Identify potential suppliers for Castings, Forgings, Sheet Metal, Fabrication, Plastics, Rubber and Aluminium Die Casting components.
- Lead supplier development activities from supplier identification through qualification and SOP.
- Conduct supplier capability assessments, audits and commercial evaluations.
- Work closely with Quality and Engineering teams for supplier approval and development.
- Improve supplier performance in terms of Quality, Cost and Delivery (QCD).
- Develop and validate should‑cost models for various components.
- Analyse raw material, conversion, tooling, machining, processing, overhead and logistics costs.
- Conduct cost benchmarking and identify cost‑reduction opportunities.
- Lead annual cost negotiations and VA/VE initiatives.
- Drive cost savings through alternate sourcing, process optimisation, localisation and supplier competition.
- Manage sourcing of components and raw materials from international suppliers.
- Evaluate import versus local sourcing economics.
- Coordinate with suppliers, logistics partners and internal stakeholders for import procurement.
- Ensure effective management of lead times, landed cost, customs, freight and commercial terms.
- Identify opportunities for global sourcing while maintaining supply‑chain reliability.
- Develop localisation strategies for imported components.
- Identify and develop suitable domestic suppliers for localisation projects.
- Drive localisation from supplier identification development trials validation approval SOP.
- Track localisation savings and ensure achievement of project timelines and targets.
- Monitor supplier performance through QCD metrics.
- Develop corrective action plans for underperforming suppliers.
- Work with suppliers to improve capacity, productivity, quality and delivery performance.
- Develop alternate and backup sources for critical components.
- Maintain strong supplier relationships while ensuring commercial competitiveness.
- Work closely with Engineering, Quality, Production, Supply Chain, Finance and New Product Development teams.
- Participate in new product development and design reviews from a sourcing perspective.
- Support DFM/DFA initiatives and identify opportunities for cost‑effective manufacturing processes.
- Ensure sourcing activities are aligned with project timelines and production requirements.
Candidates should have strong sourcing experience in multiple categories, preferably:
- Castings Ferrous & Non‑Ferrous
- Forgings
- Sheet Metal Components
- Fabricated Components
- Plastic Injection Moulded Components
- Machined Precision Components
- Tooling, Dies and Fixtures
- Bachelor's degree in Mechanical / Production / Industrial Engineering or equivalent.
- 7 12 years of experience in Purchase, Strategic Sourcing, Supplier Development or Procurement within Automotive, Engineering or Manufacturing industries.
- Strong experience in sourcing engineering components and working with manufacturing suppliers.
- Should possess excellent negotiation, analytical, commercial and supplier‑management skills.
- Strong understanding of manufacturing processes and component costing.
- Experience handling both domestic and international suppliers is highly desirable.
- Exposure to ERP systems and procurement tools is preferred.
- Annual procurement cost savings
- Localisation savings and percentage
- Supplier development and qualification timelines
- Supplier Quality and Delivery performance
- Import cost optimisation
- New supplier development
- VA/VE savings
- Procurement lead‑time reduction
- Alternate source development
- Supplier capacity and risk management
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