Sourcing Specialist - Senior

Cummins India

Krishnagiri District

On-site

INR 1,200,000 - 2,200,000

Full time

7 days ago
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Benefits offered by this job

Relocation package

Job summary

Cummins India is seeking a Strategic Sourcing / Procurement Specialist to drive cost optimization and supplier management for Cummins products. You will analyze quotations, develop sourcing strategies, and lead commercial negotiations to secure long-term supplier relationships.

The role requires strong knowledge of should-cost analyses, BOM cost benchmarking, and experience with ERP systems such as SAP MM, JD Edwards, or Oracle.

Qualifications

  • Bachelor's degree in Engineering, Supply Chain, or related field.
  • Experience in strategic sourcing, cost engineering, and supplier management.
  • Experience with RFQ management, supplier quotation analysis, and cost benchmarking.

Responsibilities

  • Lead supplier negotiations and manage cost reduction initiatives.
  • Develop and evaluate should-cost models for components.
  • Prepare RFQs and evaluate supplier quotations using TCO.
  • Manage supplier agreements and ensure compliance.
  • Collaborate with cross-functional teams to meet sourcing objectives.

Skills

Strategic sourcing
Cost engineering
Supplier management
RFQ management
Commercial negotiations
TCO analysis
VA/VE
ERP systems
Data analysis
Cross-functional teamwork

Education

Bachelor's degree in Engineering
Supply Chain/Procurement specialization
Sourcing/cost engineering certifications

Tools

SAP MM
JD Edwards
Oracle

Job description

Job Summary

The Strategic Sourcing / Procurement Specialist supports sourcing, localization, supplier management, commercial negotiations, and cost optimization activities for Cummins products. The role is responsible for analyzing supplier quotations, conducting should-cost and benchmarking analysis, developing sourcing strategies, managing supplier agreements, and identifying cost reduction opportunities while ensuring quality, delivery, compliance, and long-term supplier relationships.

Key Responsibilities
  • Manage supplier agreements, including Non-Disclosure Agreements (NDAs), purchasing agreements, and other commercial contracts.
  • Lead sourcing and localization programs, ensuring timely execution and achievement of project milestones.
  • Develop and evaluate should-cost models for castings, forgings, machined components, sheet metal, brake components, and proprietary parts.
  • Prepare and evaluate tooling cost estimates for new product development and localization projects.
  • Conduct raw material cost trend analysis, RM indexing, price benchmarking, and commercial analysis to support supplier negotiations.
  • Lead commercial negotiations with suppliers and drive successful cost settlements while maintaining strong supplier relationships.
  • Prepare and issue RFQs and evaluate supplier quotations using Total Cost of Ownership (TCO) and technical-commercial analysis.
  • Analyze and benchmark BOM costs for complete vehicles, aggregates, and sub-systems to identify cost optimization opportunities.
  • Identify and implement Value Analysis/Value Engineering (VA/VE) and cost reduction initiatives across commodities.
  • Develop sourcing strategies, assess supplier capabilities, and support supplier selection and development.
  • Monitor manufacturing technologies, cost drivers, market trends, and industry developments across commodities such as gears, castings, forgings, sheet metal, brake components, bearings, rubber, and seals.
  • Manage procurement transactions and reporting using ERP systems such as SAP MM, JD Edwards, or Oracle .
  • Ensure compliance with procurement policies, procedures, ethical sourcing practices, and applicable commercial requirements.
  • Collaborate with Engineering, Quality, Manufacturing, Finance, Supply Chain, and Program Management teams to achieve sourcing and project objectives.
  • Analyze sourcing data and market intelligence to identify process improvement and cost reduction opportunities.
  • Maintain appropriate supplier, legal, and compliance documentation in applicable systems.
  • Support supplier onboarding, vendor management, and procurement process improvement initiatives.
Qualifications
  • Bachelor's degree in Engineering, Supply Chain Management, Procurement, Business Administration, or a related field.
  • A degree or specialization in Supply Chain, Procurement, Manufacturing, or related discipline is preferred.
  • Additional qualifications in strategic sourcing, cost engineering, or supply chain management will be an advantage.
Skills & Experience
  • Relevant experience in strategic sourcing, procurement, commodity management, cost engineering, or supplier management .
  • Hands-on experience in should-cost analysis and cost estimation for manufacturing processes such as castings, forgings, machining, sheet metal, brake components, or proprietary parts.
  • Strong understanding of manufacturing processes, tooling costs, raw material cost drivers, and supplier economics.
  • Experience in RFQ management, supplier quotation analysis, cost benchmarking, and commercial negotiations.
  • Knowledge of VA/VE, cost reduction, localization, and sourcing strategy development .
  • Working knowledge of SAP MM, JD Edwards, Oracle , or similar ERP/procurement systems.
  • Strong analytical and data interpretation skills with the ability to use cost and market data for business decisions.
  • Understanding of Total Cost of Ownership (TCO) principles and supplier evaluation methodologies.
  • Strong financial acumen and understanding of procurement cost structures.
  • Excellent negotiation, communication, stakeholder management, and conflict-resolution skills.
  • Ability to build effective relationships with suppliers and cross-functional teams.
  • Strong project/program management skills with the ability to manage multiple priorities and deliver against timelines.
  • High level of integrity and understanding of procurement ethics, policies, and compliance requirements.
  • Ability to work effectively in a global, cross-functional environment and adapt to changing business requirements.
Job Details
  • Job Type: Exempt - Experienced
  • Role Category: On-site with Flexibility
  • Relocation Package: Yes
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