TE Connectivity is Hiring | Strategic Sourcing Analyst | BE/ Btech in Any Specialization |
Positon – STRATEGIC SOURCING ANALYST II
TE Connectivity
Location – Bengaluru, Karnataka
Exp. – 7+ years
Job description
- Develops and distributes RFPs/RFQs and obtains bids or information from vendors and evaluates the proposals/quotes.
- Identifies, evaluates, approves, and qualifies vendors whose reliability and goods meet the requirements, standards, and specifications set by TE, obtains quotes, examines bids, and makes awards.
- Conducts competitive bidding, negotiation, contracting processing, identifies technical specifications, understand parts & commodities, brings in continuous improvements, collaborates across TE BUs and /or regions for optimal leverage, aligns strategy and execution with cross-functional teams such as engineering, manufacturing, product management, quality, and other functions.
- Develops and executes a multi-year sourcing strategy for the commodities, identifies qualified/potential suppliers by evaluating product offerings/proposals.
- Negotiates contracts with shortlisted/selected suppliers to develop mutually acceptable contractual agreements, ensuring that all procurement activities comply with TE procurement policies and external regulations.
- Needs to track supplier performance and compliance with expectations or as per agreed terms.
- Analyze and evaluate external price trends and commodity costs.
- To reduce cost by alternative sourcing, ensuring long term agreements, securing discounts for volume purchases, recommends cost-saving proposals, make v/s buy decision.
- In-depth knowledge of harness components, panel assemblies, test benches.
- Exhibit people management skills to develop and motivate direct reporting team and be a mentor to the team
Qualifications & Skills
- BE/ B.Tech (Electronic, Mechanical or any)
- Understanding and professional experience on Strategic sourcing
- Excellent communication
- 7+ years’ experience in the field of strategic sourcing & a minimum of 5 years in the wiring harness.
- Technical knowledge of harness commodities such as connectors, backshells, wires & cables, machined and fabricated components, etc.
- Strong knowledge of SAP MM
- Advanced skills with Microsoft Office, especially Excel and Powerpoint
- Strong financial acumen – to analyze and taken pricing decisions
- Negotiation skills, technical know-how of harness commodities.
- Strong analytical skills and the ability to visualize and articulate the financial impact
- Strong Data Analytics skills – Excel, SAP
- Keen attention to detail and accuracy
- Ability to determine priorities and make decisions.
- Building people capability: Training and mentoring with the necessary skillset
- Competencies
- Values: Integrity, Accountability, Teamwork, Innovation
