Senior Sourcing Engineer

Festo; Krishnagiri District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Festo in India seeks a Senior Project Buyer to lead strategic sourcing, cost optimization, and supplier localization across engineering commodities. You will drive zero-based costing, negotiations, and end-to-end supplier management while aligning with engineering and quality teams to improve supplier performance and product cost efficiency.

The role focuses on material cost savings, quality compliance, and continuous process optimization through cross-functional collaboration and strategic

Qualifications

• Experience in strategic sourcing and supplier localization.
• Strong cost analysis and budgeting capabilities for engineering commodities.
• Ability to lead cross-functional discussions with engineering and quality teams.

Responsibilities

• Perform zero-based cost estimation for major engineering commodities.
• Coordinate with Engineering, Product Development, and Quality teams for localization specs.
• Manage end-to-end sourcing, negotiations, contracting, and supplier delivery.
• Oversee supplier lifecycle, including evaluation, delivery performance, and quality compliance.
• Identify cost-saving opportunities and drive continuous improvements.
• Develop processes to ensure quality standards and local operating conditions.

Skills

Procurement

Supplier development

Cost optimization

Negotiation

Planning

Communication

Education

BE Mechanical Engineering

Tools

SAP MM

Job description

Senior Project Buyer:

In this role you will lead strategic sourcing and supplier localization by driving zero-based costing, negotiations, and end-to-end supplier management, also by ensuring strong cross-functional alignment with engineering and quality teams while improving supplier performance and product cost efficiency. You will also focus on achieving material cost savings, quality compliance, and continuous process optimization.

Your job

• Perform zero-based cost estimation for major engineering commodities to support strategic sourcing and cost optimization
• Coordinate with Engineering, Product Development, and Quality teams to finalize localization specifications and ensure cross-functional alignment
• Manage end-to-end sourcing processes including negotiations, contracting, supplier delivery, and quality assurance with clear impact on P&L
• Oversee supplier lifecycle management from sourcing and evaluation to execution, delivery performance, and quality compliance
• Identify and drive cost‑saving opportunities and operational improvements, especially in subcontracting and outsourced activities
• Develop and optimize processes to ensure products meet company quality standards and align with local operating conditions
• Support management in improving supplier quality through structured assessments, feedback loops, and continuous improvement initiatives
• Leverage early supplier involvement and global commodity strategies to maximize synergies and achieve material cost optimization

Our requirements

• B.E. Mechanical Engineer with 510 years of experience in procurement, supplier development, and manufacturing processes
• Hands‑on expertise in SAP MM with strong capability in handling end-to-end procurement and materials management activities
• Proficient in negotiation, costing analysis, budgeting, and planning with a proven track record of driving cost-effective sourcing decisions
• Strong technical knowledge in casting, machining, extrusion, injection molding, rubber parts, standard parts, and investment casting
• Excellent interpersonal, analytical, and communication skills with experience leading technical and commercial discussions during supplier localization