strategic sourcing analyst ii - Bangalore, India - TE Connectivity

TE Connectivity Bangalore, India

2 weeks ago

Description

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

Job Overview

TE Connectivity's Strategic Sourcing Teams develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service. They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners. They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal TE leverage. Our teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with TE policies and procedures.

Responsibilities

• 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

Education And Knowledge

• BE/ B.Tech (Electronic, Electrical, Mechanical)

• Understanding and professional experience on Strategic sourcing

• Excellent communication

Critical Experience

• 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.

Competencies

Values: Integrity, Accountability, Teamwork, Innovation

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