Supports the development and execution of commodity strategy for the procurement team and drives the leading indicators like savings pipeline Job Requirements Key Responsibilities Objectives 1 RFQ Costing Prepare and release RFQs for plastics stamping any other direct Raw materials components and tooling suppliers based on engineering drawings specification Lead end-to-end RFQ processes for commercial tooling Build Run Build Transfer and raw materials such as metals resins cables and electronics Collect consolidate and analyze supplier quotations benchmark costs using should-cost models and market data Align bidder lists with strategic sourcing and commodity teams to ensure compliance with sourcing strategies and supplier capabilities Recommend sourcing decisions based on technical and commercial evaluation Support supplier negotiations and contract finalization in collaboration with legal and commercial teams Maintain accurate documentation of RFQ responses cost breakdowns and supplier communications 2 Cross-Functional Collaboration Partner with engineering manufacturing and quality teams to align procurement strategies with product requirements Identify assess and qualify suppliers for plastic molding stamping and Toolings Conduct supplier capability assessments and support audits PPAP APQP Collaborate with MDE Tooling teams on part tool design for manufacturability and cost optimization Track tooling development timelines ensuring on-time delivery and validation Participate in design-to-cost and value engineering workshops 3 Cost Management Conduct detailed cost analysis to support sourcing decisions for new product introductions Develop and validate should-cost models for components and assemblies using market data and manufacturing process insights Benchmark supplier quotations against internal cost models and industry standards Analyze BOMs to identify key cost drivers and areas for cost optimization Collaborate with engineering and design teams to propose alternative materials or processes that reduce cost without compromising quality Identify and implement cost-saving opportunities in collaboration with suppliers and cross-functional teams Facilitate idea exchange sessions with internal stakeholders and suppliers to generate innovative cost-reduction proposals Provide regular updates to project teams on cost status versus targets Work proactively with stakeholders to address cost gaps and ensure alignment with financial expectations Support decision-making with transparent data-driven cost insights and recommendations 4 Project Execution Serve as the India-based sourcing engineer for industrial products targeted at the Indian market ensuring compliance with local regulations government initiatives and customer-specific requirements Support localization efforts in alignment with strategies like 70 Country of Origin COO rule and the Grow in India GII strategy driving cost-effective and compliant sourcing solutions Partner with cross-functional teams Engineering Quality Indirect Procurement to ensure supplier alignment and timely project execution Maintain tracking tools across prototype pre-production and mass production phases and work closely with suppliers to ensure timely updates adherence to schedules and alignment with overall project timelines 5 Compliance Governance Ensure all procurement activities adhere to TE policies industry standards and regulatory requirements Ensure all procurement activities comply with internal policies and external regulations Maintain documentation for audit trails supplier approvals and cost justifications What your background should look like Generally requires Bachelors degree in appropriate field with a minimum of 5 years of progressively responsible professional level experience Masters degree or higher or local equivalent may be preferred at this level Competencies Values Integrity Accountability Inclusion Innovation Teamwork Key Responsibilities Objectives 1 RFQ Costing Prepare and release RFQs for plastics stamping any other direct Raw materials components and tooling suppliers based on engineering drawings specification Lead end-to-end RFQ processes for commercial tooling Build Run Build Transfer and raw materials such as metals resins cables and electronics Collect consolidate and analyze supplier quotations benchmark costs using should-cost models and market data Align bidder lists with strategic sourcing and commodity teams to ensure compliance with sourcing strategies and supplier capabilities Recommend sourcing decisions based on technical and commercial evaluation Support supplier negotiations and contract finalization in collaboration with legal and commercial teams Maintain accurate documentation of RFQ responses cost breakdowns and supplier communications 2 Cross-Functional Collaboration Partner with engineering manufacturing and quality teams to align procurement strategies with product requirements Identify assess and qualify suppliers for plastic molding stamping and Toolings Conduct supplier capability assessments and support audits PPAP APQP Collaborate with MDE Tooling teams on part tool design for manufacturability and cost optimization Track tooling development timelines ensuring on-time delivery and validation Participate in design-to-cost and value engineering workshops 3 Cost Management Conduct detailed cost analysis to support sourcing decisions for new product introductions Develop and validate should-cost models for components and assemblies using market data and manufacturing process insights Benchmark supplier quotations against internal cost models and industry standards Analyze BOMs to identify key cost drivers and areas for cost optimization Collaborate with engineering and design teams to propose alternative materials or processes that reduce cost without compromising quality Identify and implement cost-saving opportunities in collaboration with suppliers and cross-functional teams Facilitate idea exchange sessions with internal stakeholders and suppliers to generate innovative cost-reduction proposals Provide regular updates to project teams on cost status versus targets Work proactively with stakeholders to address cost gaps and ensure alignment with financial expectations Support decision-making with clear data-driven cost insights and recommendations 4 Project Execution Serve as the India-based sourcing engineer for industrial products targeted at the Indian market ensuring compliance with local regulations government initiatives and customer-specific requirements Support localization efforts in alignment with strategies like 70 Country of Origin COO rule and the Grow in India GII strategy driving cost-effective and compliant sourcing solutions Partner with cross-functional teams Engineering Quality Indirect Procurement to ensure supplier alignment and timely project execution Maintain tracking tools across prototype pre-production and mass production phases and work closely with suppliers to ensure timely updates adherence to schedules and alignment with overall project timelines 5 Compliance Governance Ensure all procurement activities adhere to TE policies industry standards and regulatory requirements Ensure all procurement activities comply with internal policies and external regulations Maintain documentation for audit trails supplier approvals and cost justifications Qualifications Experience 1 Education Bachelor s degree in mechanical manufacturing industrial engineering required MBA in Supply Chain Management or Procurement is a strong advantage Certification like CPSM CSCP CIPS are good to have not mandatory 2 Experience 8-10 years of experience in procurement sourcing or supply chain management preferably within a manufacturing or technology-driven environment Proven expertise in supplier development strategic sourcing or manufacturing engineering with a focus on plastics stamping and tooling Prior experience in NPI sourcing is highly desirable Compensation Competitive base salary commensurate with experience xxx - xxx subject to change dependent on physical location Posted salary ranges are made in good faith TE Connectivity reserves the right to adjust ranges depending on the experience qualification of the selected candidate as well as internal and external equity What TE Connectivity Internship Program offers TE has a robust internship program that provides our interns with an abundance of resources to feel included as part of our Team Every summer we coordinate various educational and networking events for our interns The TE University Relations team will be hosting virtual meetups information sessions tours skill building presentations and topping it off with National Intern Day celebration activities A unique employee resource group we have is the Young Professionals Employee Resource Group ERG This group is committed to creating a highly engaged and empowered cross-functional network of young professionals by placing high value in Professional Development Networking Opportunities and Community Involvement to drive the success of our interns In addition to the ERG we also provide our interns with complete access to our internal library of self-lead courses These courses include academies like leadership to help the interns develop their development in becoming future leaders at our organization To help with their professional growth we provide access to Mentors via our NAVIGATE platform Mentors serve as a guide to navigate the organization and provide additional support in their career endeavors at the company Our program provides a holistic experience for interns that targets professional development and personal growth Our internship program typically runs May thru August and gives students the opportunity to work on projects that contribute to the success of their team and build on their classroom experience Throughout the 10-12-week program interns will be provided with Onboarding Orientation Professional Development Workshops Networking Opportunities Operations Experience Executive Exposure Timeline TE Connectivity recruits on campus between September and March for New Grad FT Rotational Internship and Co-op positions beginning in May Once you have applied to a position your resume and application will be reviewed If you are selected to move to the next step in the application process you will be contacted by a recruiter Once you accept an offer the onboarding process will begin in January for interns who have committed to offers in the fall semester and upon acceptance for interns who have committed to offers in the spring semester EOE Including Disability Vets Important Notice Regarding Recruitment Fraud TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process All legitimate job openings are posted exclusively on our official careers website at te com careers and all email communications from our recruitment team will come only from actual email addresses ending in te com If you receive any suspicious communications we strongly advise you not to engage or provide any personal information and to report the incident to your local authorities Job Locations Bangalore Karn taka 560066 India Travel Required 10 to 25 Requisition ID 140251 Workplace Type External Careers Page Procurement

📌 Strategic Sourcing Analyst Iii (Karnataka)
🏢 TE Connectivity
📍 Karnataka