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Senior Executive - Sourcing & Vendor Development

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Signode logoSignode · Rudraram, India
Full-timeOn-site1d ago
AssemblyBudgetingNegotiationProcess Improvement
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About the role

Roles & Responsibilities: - Source heavy fabrication Components and assemblies, precision machine components, and sheet metal parts. - Develop and manage suppliers for structural fabrication, heavy machining, industrial material handling & logistics equipment, and steel industry packaging systems. - Identify cost-effective sourcing strategies aligned with project timelines. - Conduct supplier capability assessment, audits, and qualification. Profile: Cost Estimation& Techno-Commercial Evaluation: - Prepare detailed cost estimation based on drawings, BOM, and specifications. - Estimate manufacturing cost including raw materials, machining operations, fabrication & welding processes, surface treatment, assembly, and logistics. - Perform should-cost analysis and benchmarking. - Analyze RFQs and prepare competitive quotations. - Support project costing activities. Vendor Development & Management: - Develop fabrication and machining vendors for heavy engineering equipment. - Negotiate pricing, delivery schedules, and commercial terms. - Drive continuous improvement initiatives for quality, cost, and delivery. - Establish long-term supplier partnerships. Technical Coordination - Work closely with Design Engineering, Production, Quality Assurance, and Project teams. - Interpret engineering drawings, fabrication tolerances, and machining requirements. - Resolve technical and commercial issues with vendors. Industry Application - In-plant logistics and material handling systems. - Steel coil/plate handling equipment. - Industrial packaging equipment for steel products. Cost Optimization & Process Improvement - Implement value engineering and cost reduction initiatives. - Improve sourcing efficiency and supplier performance. - Monitor market trends for steel, fabrication, and machining costs. Required Qualifications - Diploma / BE / B. Tech in Mechanical Engineering. - Strong experience in heavy fabrication and machining sourcing. - Ability to read engineering drawings and fabrication layouts. Experience - 6- 8 years in sourcing and Vendor development within heavy engineering, steel plant equipment manufacturing, material handling systems, and sheet metal & fabrication industries. Key Skills - Strategic sourcing - Vendor development - Cost estimation & budgeting - Heavy fabrication procurement - Machining process knowledge - Sheet metal manufacturing - Negotiation & contract management - Supply chain optimization - Techno-commercial analysis Preferred Industry Exposure - Steel plants & steel processing equipment - In-plant logistics equipment manufacturing - Industrial packaging equipment for steel industry - Heavy engineering EPC projects


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