Key Responsibilities

1. Sourcing & Supplier Development

- Identify and develop new suppliers for mechanical components.

- Source components such as machined parts, sheet metal components, fabricated parts, castings, forgings, turned components, laser-cut parts, and other precision mechanical components.

- Evaluate suppliers based on capability, quality, cost, capacity, and delivery performance.

- Develop alternate sources to improve competitiveness and supply continuity.

- Optimising the Cost, Quality and Delivery.

- Factory RM Purchase

- Maintain supplier relationship.

Costing & Cost Analysis

- Prepare should-cost / target-cost estimates for mechanical components.

- Analyse drawings, BOMs, specifications, and manufacturing requirements to arrive at component costing.

- Understand and calculate costs related to:

- Raw material

- Machining

- Turning / milling

- Fabrication

- Sheet metal processing

- Labour and overheads

- Benchmark supplier quotations against calculated costs and negotiate accordingly.

- Identify cost-reduction opportunities through VA/VE, process optimization, material alternatives, and supplier development.

Technical Evaluation

- Read and understand 2D mechanical drawings, GD&T;, material specifications, and BOMs.

- Discuss manufacturing feasibility and costing with suppliers.

- Work closely with Engineering, Quality, Production, and Design teams for new component development.

- Evaluate supplier process capabilities and manufacturing methods.

Quotation & Commercial Negotiation

- Obtain and analyse techno-commercial quotations from suppliers.





- Prepare comparative statements and negotiate price, tooling, MOQ, payment terms, lead time, and delivery conditions.

- Ensure purchases are made at competitive and technically justified prices.

New Product / Component Development

- Support sourcing activities for new products and engineering changes.

- Coordinate with suppliers for prototype/sample development.

- Track sample submission, approval, and transition to regular production.

Cost Reduction & Continuous Improvement

- Identify opportunities for annual cost savings.

- Conduct supplier negotiations based on cost breakdown and market benchmarks.

- Develop alternate suppliers and alternate manufacturing processes wherever feasible.

Requirements

Required Experience & Skills

- Mechanical Engineering graduate with 4 years of experience in Mechanical Sourcing / Strategic Procurement / Purchase.

- Experience in sourcing mechanical components from manufacturing suppliers.

- Strong understanding of mechanical manufacturing processes and raw materials.

- Ability to work out component costing from drawings and manufacturing processes.

- Good knowledge of cost estimation / should-costing / target costing.

- Ability to read and interpret mechanical drawings and BOMs.

- Strong supplier development and negotiation skills.

- Experience in identifying alternate suppliers and developing recent sources.

- Good analytical and commercial skills.

- Proficiency in MS Excel; experience with ERP systems

- Knowledge of Tamil is must.

BenefitsPF & ESI and other Insurance benefits

📌 Senior Executive / Assistant Manager – Strategic Sourcing (Coimbatore)
🏢 Hykon India
📍 Coimbatore