08 Oct
|
Match Point Solutions
|
India
08 Oct
Match Point Solutions
India
Match Point Solutions is a fast-growing, young, energetic global IT-Engineering services company with clients across the US. We provide technology solutions to various clients like Uber, Robinhood, Netflix, Airbnb, Google, Sephora, and more! More recently, we have expanded to working internationally in Canada, China, Ireland, UK, Brazil, and India. Through our culture of innovation, we inspire, build, and deliver business results, from idea to outcome. We keep our clients on the cutting edge of the latest technologies and provide solutions by using industry-specific best practices and expertise.
We are excited to be continuously expanding our team. If you are interested in this position, please send over your updated resume. We look forward to hearing from you!
Job Title: Sourcing Specialist- Wabtec
Location: Bengaluru
Employment Type: Full-time
Role Summary:
We are looking for a Sourcing Specialist to manage supplier identification, RFQ activities, cost analysis, sourcing projects, supplier onboarding, PPAP tracking, and cost-reduction initiatives. The role will work closely with Sourcing, Engineering, SCM, Suppliers, and Project teams.
Key Responsibilities
1. Strategic Sourcing & RFQ
- Identify and evaluate new suppliers based on category and regional requirements.
- Conduct supplier market research and develop supplier intelligence.
- Manage RFI/RFQ activities, quotation analysis, and commercial evaluation.
- Support recent supplier onboarding and supplier data management using HICX / Wabtec systems.
- Prepare business cases covering ROI, CAPEX, NRE, and cost impact.
2. Project Management
- Maintain project trackers with planned vs. actual milestones.
- Conduct regular project reviews and follow up on deliverables.
- Track cost-reduction initiatives and Supplier Cost Reduction Ideas (SCRI).
- Initiate and track PPAP requests and deliverables.
3. Data & Documentation
- Maintain commodity, PIR, SFA/master files, and project trackers.
- Maintain Project Savings Tracker (PST) and ensure timely updates/uploads.
- Ensure accurate sourcing and project-related data across systems.
4. Analytics & Reporting
- Maintain sourcing dashboards and commodity trend analysis.
- Analyze price increases/decreases and their business impact.
- Track part-cost data and perform cost analytics.
- Analyze Deflation / Power BI reports and identify key cost drivers.
- Prepare biweekly forecasts based on open POs and demand forecasts, including Budget vs. PST vs. Gap analysis.
5. Cost Reduction & Sourcing Strategy
- Identify cost-saving opportunities through:
- Dual sourcing
- Supplier negotiations
- SCRI
- Should-cost analysis
- Supplier benchmarking
- Identify and execute sourcing projects to achieve targeted cost savings.
6. Tactical Procurement Activities
- Manage sourcing rules and price-feed uploads.
- Complete PST uploads and updates.
- Initiate PPAP and workflow approval requests.
- Coordinate SCM handover, SSS/PID and site approvals.
- Support PO release for NRE/CAPEX and initial samples.
Required Skills
- Experience in Strategic Sourcing / Procurement / Supply Chain.
- Strong knowledge of RFQ, RFI, quotation analysis and supplier evaluation.
- Experience in supplier identification, onboarding and supplier management.
- Knowledge of PPAP and APQP processes.
- Understanding of cost reduction, should-cost analysis and supplier negotiations.
- Strong Excel and data-analysis skills.
- Experience with Power BI is preferred.
- Exposure to SAP / HICX / procurement databases or similar tools is an advantage.
- Strong project tracking, communication and stakeholder-management skills.
Preferred Candidate Profile
Good fit: Strategic Sourcing Executive / Sourcing Specialist / Procurement Specialist / Commodity Buyer / Supplier Development / Cost Analyst with experience in manufacturing, automotive, railway, industrial engineering or heavy engineering.
Role- Sourcing Specialist.
Essential Responsibilities:
RFQ process
- Category landscaping & Supplier identification
- Develop technical and regional supplier market intelligence.
- RFI (Request for information)
from new vendors,
- RFQ (Request for quote) from suppliers and quote analysis
- New Supplier Onboarding and Supplier data management (HICX or in any WABTEC database)
- Offer evaluation & Business case with ROI, CAPEX, NRE details
Project Management
- Project tracker with milestone Plan v/s actual
- Recurring review to track project milestones
- Track cost reduction activities / SCRI (supplier cost reduction ideas)
- Initiate PPAP requests and PPAP deliverables tracking.
Data Management
- Maintain commodity tracker for all projects.
- Maintain PIR tracker
- Master files/SFA
- Project savings tracker (PST) upload and maintenance
Analytics/ Reporting:
- Sourcing dashboard updates, Commodity trend analysis & tracking.
- Impact Analysis and Data collections on Price increase/decrease
- Track part cost data and analytics
- Deflation/Power BI report analysis ,Top drivers
- Biweekly forecasting based on open PO/forecast Gap v/s Budget v/s PST
Strategy
- Identify cost Saving opportunity using levers like dual sourcing , SCRI, Should cost etcc.
- Achieve target cost saving worth $100k USD for 2024
- Identify target cost saving projects worth $250k USD for 2025
Tactical activities
- Sourcing Rules, Price Feed upload.
- PST Upload
- Initiate PPAP requests
- Workflow Approval Requests for Site approvals SCM handover / SSS/ PID
- PO release or NRE / CAPEX
- PO release or Initial samples
Match Point Solutions is a fast-growing, young, energetic global IT-Engineering services company with clients across the US. We provide technology solutions to various clients like Uber, Robinhood, Netflix, Airbnb, Google, Sephora, and more! More recently, we have expanded to working internationally in Canada, China, Ireland, UK, Brazil, and India. Through our culture of innovation, we inspire, build, and deliver business results, from idea to outcome. We keep our clients on the cutting edge of the latest technologies and provide solutions by using industry-specific best practices and expertise.
We are excited to be continuously expanding our team. If you are interested in this position, please send over your updated resume. We look forward to hearing from you!
📌 Sourcing Specialist (India)
🏢 Match Point Solutions
📍 India