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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
•    Responsible for defining and implementing the strategy and classification (grow/fix/exit/develop) for the assigned suppliers (mostly small to mid-size suppliers) and commodities – under strong cooperation with Senior Strategic Buyer, Supplier Quality and Supply Chain Management. 
•    Responsible for selecting suppliers that best fit to the defined commodity strategy and relevant product sourcing strategy, including biding, awarding, sourcing and contracting of new suppliers, and approving set up of new suppliers while ensuring number of suppliers is further reduced
•    Responsible for lead time improvement, including tracking and review of STC/ STR performance with relevant suppliers and driving of strategic improvement plans
•    Follow up with Suppliers on open orders that were escalated by the tactical buyer in line with the SWI Procurement Escalation Process
•    Preparation and leadership of negotiations with suppliers, including solution of contractual issues and providing MOQ and lead-time relevant information to Tactical Buyer
•    Quote and negotiate production material costs in order to ensure material productivity performance meets or exceeds expectations
•    Responsible to develop saving plans for the assigned suppliers and commodities to reach the saving targets, including cost savings through annual negotiations with relevant suppliers 
•    Helps to identify technical possibilities for cost reductions in cooperation with the engineering department 
•    Responsible to screen proactively the market to identify suppliers and demands for the future, to identify development partners and to negotiate contracts with them.
•    Participate or leads quarterly business reviews with suppliers, including review of financial, quality, and delivery performance targets and driving the supplier performance matrix


EDUCATION, KNOWLEDGE & EXPERIENCE

•    Bachelor’s degree (master’s degree preferred) in mechanical, electrical, electronic or related engineering discipline
•    9+ years experience in procurement as buyer, including experience in preparation of negotiations
•    Knowledge of sourcing strategies and tactics of the marketplace, knows trends 
•    Advanced knowledge in the use of SAP 
•    Excellent problem-solving skills, analytical skills, and communication skills 
•    Strong project management skills and ability to multi-task 
•    Commercial and Business Acumen skills
•    Proven track record in negotiation skills 
•    Strategic ability to develop competitive sourcing strategies and plans.
•    Experience of managing regional and global supplier base for relevant commodities
•    Ability to work in a matrix environment with multi-cultural teams

Competencies

Values: Integrity, Accountability,Teamwork, Innovation
Location: 

Bangalore, KA, IN, 560066

City:  Bangalore
State:  KA
Country/Region:  IN
Travel:  10% to 25%
Requisition ID:  72951
Alternative Locations: 
Function:  Procurement


Job Segment: Strategic Sourcing, Engineer, ERP, Electrical, Operations, Engineering, Technology, Strategy

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