STRATEGIC SOURCING ANALYST II
TE Connectivity
- Bangalore, Karnataka
- Permanent
- Full-time
- Develops and distributes RFPs/RFQs and obtains bids or information from vendors and evaluates the proposals/quotes.
- Identifies, evaluates, approves and qualifies vendors whose reliability and goods meet the requirements, standards and specifications set by TE, obtains quotes, examines bids and makes awards.
- Conducts competitive bidding, negotiation, contracting processing, identifies technical specifications, understand parts & commodities, brings in continuous improvements, collaborates across TE BUs and /or regions for optimal leverage, aligns strategy and execution with cross functional teams such as engineering, manufacturing, product management, quality and other functions.
- Develops and executes multi-year sourcing strategy for the commodities, identifies qualified / potential suppliers by evaluating product offerings / proposals.
- Negotiates contracts with shortlisted / selected suppliers to develop mutually acceptable contractual agreements, ensuring that all procurement activities comply with TE procurement policies and external regulations.
- Needs to track supplier performance and compliance with expectations or as per agreed terms.
- Analyse and evaluate external price trends and commodity costs.
- To reduce cost by alternative sourcing, ensuring long term agreements, securing discounts for volume purchases, recommends cost-saving proposals, make v/s buy decision.
- In-depth knowledge of Electronic, Electrical and Optical components, PCB assemblies, Electronics enclosure.
- Exhibit people management skills to develop and motivate direct reporting team and be a mentor to the team
- BE/ B.Tech (Electronic, Electrical, Mechanical)
- Understanding and professional experience on Strategic sourcing
- Excellent communication
- 7 years' experience in field of strategic sourcing & minimum 5 years in Electronic component sourcing.
- Technical knowledge of Electronic, Electrical and Optical components.
- Developing Supplier base for PCB and PCB assemblies / EMS supplier base.
- Strong knowledge on SAP MM and logistics, customs.
- Strong understanding and reading of drawings and component data sheet.
- Advanced skills with Microsoft Office, especially Excel and Power point
- Pre-audit & supplier selection audit
- SSU management (new supplier registration, existing supplier update)
- Contract management (NDA, Std contract, price agreement)
- Alternative source review to verify competitiveness of current BoM
- Supplier quotation
- Cost analysis TE design parts
- New item cost approval process based on DoA
- Purchasing data distribute to suppliers.