Key Responsibilities
Strategic Sourcing
- Lead sourcing activities for steel castings, investment castings, sand castings, closed-die forgings, open-die forgings, and alloy bar stock.
- Develop and execute commodity sourcing strategies.
- Identify, evaluate, and onboard recent suppliers to reduce risk and improve competitiveness.
- Conduct RFQ management, supplier benchmarking, and total cost analysis.
Supplier Development
- Build and maintain strategic relationships with foundries, forging suppliers, and steel mills.
- Conduct supplier capability assessments and audits.
- Drive supplier performance improvements in quality, cost, delivery, and responsiveness.
- Work with suppliers on capacity planning and lead-time reduction initiatives.
Technical Procurement
- Review engineering drawings, material specifications, and BOM requirements.
- Understand ASTM, ASME, DIN, EN, and customer-specific material standards.
- Collaborate with Engineering and Quality teams regarding manufacturing feasibility and supplier capabilities.
- Support alternate material and alternate source qualification projects.
Cost Management
- Negotiate annual contracts and price agreements.
- Monitor commodity trends for steel, alloy steel, stainless steel, duplex, super duplex, and specialty materials.
- Drive value engineering and cost reduction initiatives.
- Analyze purchase price variance (PPV) and develop mitigation plans.
Supply Risk Management
- Monitor supplier capacity and business continuity risks.
- Develop dual-source strategies for critical commodities.
- Proactively identify potential shortages and escalate risks.
- Maintain strategic inventory plans for long lead-time materials.
Cross-Functional Collaboration
- Work closely with:
- - SCM & Planning
- SIOP Team
- Engineering
- Quality
- Manufacturing
- Project Management
Candidate Requirements
Education
- Bachelor’s degree in mechanical engineering, Metallurgical Engineering, Industrial Engineering, or Supply Chain Management.
Experience
- 2-4 years of procurement/sourcing experience in manufacturing or engineered products.
- Minimum 2 years sourcing castings, forgings, and raw materials
📌 Senior Buyer – Castings, Forgings & Bar Stock (India)
🏢 Swelore
📍 India