* Finalize the supplier panel for new part development programs
* Lead negotiations and achieve final price sign-off for new sourced parts
Periodic Price Settlements
* Manage price settlements arising from raw material (RM) fluctuations and
Engineering Change Notices (ECNs)
* Ensure all price revisions are based on established RM indices for
consistency and transparency
Budgeting
* Prepare budgets for commodity price movements and conversion cost increases
* Provide accurate cost forecasts to support business planning
Cost Mitigation (VA/VE)
* Mitigate price increases through Value Analysis / Value Engineering
initiatives
* Proactively identify and implement cost-reduction opportunities
Supplier Quality
* Drive continuous improvement in supplier quality performance
* Lead corrective actions to resolve quality issues at the supplier end
New Technology Sourcing
* Identify and develop suppliers capable of meeting new technology requirements
(e.g., EV, lightweighting, ADAS components)
AI & Productivity
* Use AI tools to identify opportunities for improving sourcing systems and
productivity
Supplier Contracts & Risk Mitigation
* Ensure robust supplier contracts are in place to mitigate future supply chain
disruptions
* Ensure ongoing supplier compliance with quality, regulatory, and
sustainability requirements
Commodity Management
* Own sourcing strategy across Sheet Metal, Casting, Forging, Fasteners,
Plastics, Rubber, and Proprietary components
Complex Problem Solving
* Handle high-complexity, cross-functional sourcing challenges with sound
judgment and analytical rigor
EXPERIENCE
15 years and beyond in the similar industry preferred.
INDUSTRY PREFERRED
Automotive – PV/ CV
QUALIFICATIONS
B Tech / MBA
No Diploma holders.
GENERAL REQUIREMENTS
* Good analytical skills, Negotiation capability.
* Commodity knowledge in Sheet metal, casting, forging, fasteners, Plastic,
Rubber & Proprietary
*
📌 Head- Sourcing (Chandigarh)
🏢 Mahindra and Mahindra
📍 Chandigarh
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