Date: Oct 11, 2026
Location: Pune, India
Purpose of the Role
This role is responsible to manage end-to-end purchasing activities for the allocated commodity. The position holder is responsible to on-board strategic vendor partners for part category within DMC and capex targets received from product line with a visibility of achieving cost efficiencies by deploying various cost reduction levers.
Job Responsibility
- Strategy Development
- Prepare DMC (Direct Material Cost) and Capex estimation for the upcoming models.
- Identify vendors with advance technology, prepare business plan and validation of vendors and initiate vendor empanelment process.
- Review SOR on Technical specifications to shortlist vendors.
- Review tech specification/ drawing shared by Product development for a particular commodity.
- Prepare RFQ document for floating to Vendors & ensure TRSO signoff from SQ.
- Analyse quotation received for RFQ.
- Prepare Cost Estimate for parts as per TMPV Standard Cost Estimation Process.
- Propose a shortlist of most suitable vendors after negotiation.
- Recommend SOB for vendors as per organizations long term sourcing strategy.
- Obtain internal approval for vendor finalization through sourcing council and release PO.
- Monitor and review financial health, operations, IR health, etc. of the suppliers for long-term sustainability.
- Identify vendors, which can be groomed as long-term partners for TMPV.
- Supplier negotiation – Assess the current situation (Business Environment- External) along with SQ and SCM and tactfully negotiate the terms and conditions with the suppliers.
- EVI (Early Vendor Involvement) – develop vendors for critical long lead time items.
- Process and Supply chain Optimization by localization of the component by resourcing or by introduction of alternate technologies with the help of vendors.
- Compare current part with the Proposed change and review the commercial impact.
- Release of RFQ for the shortlisted list of vendors.
- Ensure amendment of Purchase orders on the revised pricing.
Finance Management
- Collaborate with Engineering on cost reduction initiatives through VAVE (Value addition – value-engineering initiatives), change in design or process improvement & Work along with vendors to get optimal advantage.
- Evaluate vendors to track target cost, in case of cost escalation / quality issues initiate re-sourcing along with SQ and SCM for identified commodity.
- Drive cost reduction through Commercial reduction, VAVE, Resourcing & SOB mix.
- Track market commodity prices for costing references.
- Analysis of POGR and CR – CI reports.
- Analysis and resolution of audit queries.
People Management
- Effective communication and interaction with the stakeholders to ensure proper process and necessary improvements to achieve optimal performance.
- Effective networking with all the internal and external stake holders to ensure required support which is crucial to meet deadlines.
Stakeholder Profiles & Nature of Interactions
- Internal
- Product Lines
- Project status, Approvals
- Engineering
- Technical Specification
- SQ (AQ)
- Product/Process Quality Assurance
- SCM
- Supplier performance
- Finance
- Budgets, payments, and other finance related terms & conditions
- External
- Suppliers
- RFQ, Bidding, Price Settlement
Desired Candidate Profile
- Education: Bachelor of Eng., MBA, or other qualifications with relevant experience.
- Relevant Experience:
- Experience of Purchase Process
- Experience of Supplier Negotiation
- Experience of Should Costing/Zero Based Costing
- Understanding & experience of Cost reduction levers
- Thorough knowledge of manufacturing and surface protection processes
- Understanding of part validation and performance measures
- Knowledge of various raw materials and commercial implications
- Understanding of TMPV audit guidelines, purchasing agreements
- Skills & Competencies:
- Functional Competencies:
- Costing skills
- Negotiation skills
- Financial Acumen
- Supplier Relationship Management
- Performance Management.
- Technical Competencies:
- Understands technical specification of components and matches the technical side of production equipment / tools - cutting edges, such as drill bits, end mills, and inserts, that remove material through cutting, grinding, or other mechanical processes to produce the desired component.
- Know-how of materials - metals, plastics, REM's, and aggregate level understanding
- Uses know how of surface finish precision and tolerances to ensure components meet quality standards.
- Negotiates agreements (including pricing, delivery, quality, payment terms etc.) with Suppliers.
- Understands the properties of different types of plastics and tooling expertize needed.
- Understands concepts of sheet metal fabrication processes, including cutting, stamping, bending, welding, and painting
- Understands the technical specifications of sheet metal components and the tools used
- Able to perform basic checks of precision and durability of tooled plastic components.
- Understands the types of rubber like natural, synthetic, rubber compounds and production methods like molding, extrusion, and vulcanization.