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Strategic Sourcing Analyst III

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. 

Job Overview

The Strategic Buyer is responsible for defining and implementing regional sourcing strategies for the relevant commodities and suppliers in order to reach the respective sourcing targets in delivery, productivity, cost, and quality. Moreover, this position is responsible for supplier negotiations, supplier capacity management, and supplier compliance with relevant TE requirements.

What your background should look like:

RESPONSIBILITIES 

•    Create a supplier sourcing strategy, under strong consideration of customer needs, that defines strategic suppliers into grow, fix and exit suppliers and maintains product footprint, incl. “make or buy”-analysis.  
•    Drive the attainment and improvement of relevant procurement KPI’s, incl. Material Productivity (CMP), Lead time performance, delivery (STR/STC), and Quality (DLPM).
•    Responsible for improving material productivity by maintaining 125% material pipeline, CMP, TEBIT and WAV analysis
•    Responsible for contracting of supplier commercial agreements, incl. bailment, inventory management and supply agreements.  
•    Responsible for preparing RFQ’s, utilizing E-Tools, awarding new business and negotiation all raw materials, components, and tooling
•    Lead the optimization of the Supplier Footprint, incl. setup of new suppliers, reducing number of supplier and resourcing activities
•    Responsible for conducting QBR’s with strategic suppliers and the drive of respective corrective actions
•    Ensure and Drive MOQ optimization for material/components (incl. finished goods) used by the plant for production and establish supplier agreements, e. g. VMI, EDI, consignment, Scheduling Agreements frame order review, blanket PO)
•    Responsible for calculating impact and getting the PIA approved
•    Ensure data on OV tools is captured and delivered to finance
•    Support the tactical buyer in the following tasks: inventory management components, manage outside product shelflife (Plant/DC), and block invoices
•    Ensure NPI alignment to global sourcing commodity strategy and limit number of new suppliers
•    Conduct risk assessments for new suppliers and legacy suppliers not done yet.
•    Ensure that all suppliers meet TE requirements for compliance (RoHs, Reach, conflict minerals, supplier portal usage) 

EDUCATION/KNOWLEDGE

•    BE/ B.Tech (Electronic, Mechanical or any)
•    Knowledge of regional and global supplier base for relevant commodities


CRITICAL EXPERIENCE

•    8-10 years experience in procurement as buyer, including experience in preparation of negotiations
•    Sourcing experience with relevant commodities like molding, stamping, machining, PBL and/or assembly
•    Technical know how of electro mechanical parts
•    Strategic agility to create supplier plans
•    Vendor development management skills 
•    Negotiation skills to create commercial contracts.
•    Project management skills to manage multiple projects
•    Strong analytical skills and ability to visualize and articulate the financial impact
•    Excellent presentation and communication skills
•    Strong Data Analytics skills -- Excel, SAP MM
•    Experience of leading teams in last 3+ years 
 

Competencies

Values: Integrity, Accountability,Teamwork, Innovation

About TE Connectivity
TE Connectivity is a $12 billion global industrial technology leader creating a safer, sustainable, productive and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. With approximately 80,000 employees, including more than 7,500 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

 

What TE Connectivity offers:

We offer competitive rewards & compensation. Our commitment to our employees includes offering benefit programs that are comprehensive, competitive and will meet the needs of our employees.
•    Competitive Salary Package
•    Performance-Based Bonus Plans
•    Health and Wellness Incentives
•    Employee Stock Purchase Program
•    Community Outreach Programs / Charity Events
•    Employee Resource Groups

Location: 

BANGALORE, KA, IN, 560048

City:  BANGALORE
State:  KA
Country/Region:  IN
Travel:  25% to 50%
Requisition ID:  64378
Alternative Locations: 
Function:  Procurement


Job Segment: Strategic Sourcing, Developer, Machinist, ERP, Operations, Technology, Manufacturing, Strategy

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