Manager
- Procurement Cost Reduction (Automotive)

Location:
Chennai Work Mode: Hybrid | 5 Days Role Summary We are looking for a Manager with experience in automotive direct material procurement, strategic sourcing, value engineering, and cost reduction. The ideal candidate should have hands-on experience in purchasing automotive components and implementing cost optimization initiatives across multiple categories, preferably with automotive OEMs or Tier-1/Tier-2 suppliers. Mandatory Skills Procurement, Costing, Sourcing, Vendor Development, Manufacturing, Process Engineering MED, Product Development, Six Sigma, Operations Excellence, Value Engineering, Cost Reduction,

Key Responsibilities
• Manage strategic sourcing and procurement of automotive direct materials.
• Drive value engineering, should-cost analysis, and cost-reduction initiatives.
• Handle supplier negotiations, RFQs, vendor development, and contract finalization.
• Identify cost-saving opportunities through localization and alternate sourcing.
• Evaluate supplier performance, manufacturing processes,



and component cost structures.
• Collaborate with engineering, manufacturing, and finance teams to improve procurement efficiency.
• Support Six Sigma, process improvement, and operational excellence initiatives. Required Qualifications
• B.
E./B.
Tech. in Mechanical, Automobile, Production, Industrial, or Manufacturing Engineering.
• 7-10 years of experience in automotive procurement and direct material sourcing.
• Hands-on experience in value engineering and cost reduction across multiple automotive component categories.
• Robust understanding of automotive manufacturing processes, component costing, and supplier negotiations.
• Experience working with automotive OEMs or Tier-1/Tier-2 suppliers.
• MBA from a reputed institute preferred. Additional Information
• Hybrid work model with five working days per week.
• Regular travel to client sites may be required based on business needs.

📌 Manager Procurement Cost Reduction (Chennai)
🏢 YO IT CONSULTING
📍 Chennai