Sourcing Buyer
SACHA Engineering•Chennai
•full time Job Summary We are seeking a skilled and experienced Sourcing Buyer to join our Procurement team. This role will be responsible for sourcing and procuring materials and services, ensuring cost-effectiveness, and maintaining strong supplier relationships. The ideal candidate will possess a strong analytical background and a proven ability to negotiate favorable terms and conditions. Key Responsibilities The Sourcing Buyer will be responsible for a range of tasks including, but not limited to, managing the RFQ and RFP processes, generating Purchase Orders , and conducting thorough Supplier Evaluation and Supplier Selection . They will also be expected to identify opportunities for Cost Reduction and contribute to Supplier Development initiatives. Required Skills & Qualifications Analytical Skills: Demonstrated ability to analyze data, identify trends, and make data-driven decisions to optimize sourcing strategies. Problem-Solving Skills: A proactive approach to identifying and resolving sourcing challenges, with a focus on finding creative and effective solutions. Communication Skills: Excellent written and verbal communication skills to effectively interact with internal stakeholders and external suppliers. Negotiation: Proven ability to negotiate favorable terms and conditions with suppliers, securing optimal pricing and quality. Commercial Skills: A strong understanding of commercial principles and practices, including Incoterms , Commercial Terms , and Legal Terms . RFQ/RFP Management: Experience managing the full cycle of RFQ (Request for Quotation) and RFP (Request for Proposal) processes. Purchase Order Management: Proficiency in generating and managing Purchase Order documentation. Cost Breakdown Analysis: Ability to analyze Cost Breakdown structures to identify cost drivers and opportunities for improvement. Supplier Evaluation & Selection: Experience in conducting thorough Supplier Evaluation and Supplier Selection processes. Cost Reduction Initiatives: A track record of identifying and implementing Cost Reduction initiatives. Supplier Development: Ability to contribute to Supplier Development programs to improve supplier performance. Stakeholder Management: Strong Stakeholder-Management Skills to effectively collaborate with internal teams. Technical Proficiency: Proficiency in MS Excel for data analysis and reporting. ERP Systems: Experience working with ERP Systems , including SAP , Oracle , and NetSuite . Supplier Management: Proven ability to manage and maintain strong supplier relationships. NPD and Localization experience is a plus. Alternate Supplier Development experience is a plus. VA/VE experience is a plus. Raw Material Price Movements and Indices understanding. Supply Base Acumen . Familiarity with the Automotive and Aerospace industries. Knowledge of Precision Machined Parts , Sliding Heads , VMC , and HMC . Understanding of Post Treatment Processes , including Heat Treatment , Plating , and Coating . Experience with Castings , SGI , PDC , GI , and Aluminium Housings . Knowledge of Machining , Fasteners , and Plastics . Understanding of Injection Molding Processes . Experience with Cost Models . Familiarity with High Speed Stampings , Electrical Parts , PCB , and Wiring Harnesses . Qualifications: A Bachelor’s degree in Engineering with a Post Graduate Degree in Procurement , Business Administration , or a related field is required. What We Offer Experience Required: We are seeking candidates with 4 - 8 years of relevant experience. This level of experience indicates a readiness to assume a mid-level role with increasing responsibility within the sourcing function. Salary:
