SOURCING & PROCUREMENT ANALYST II
Description
Job Overview
The Senior Purchasing Buyer (SAP) is responsible for ensuring the timely procurement and uninterrupted availability of materials required to support manufacturing and business operations. The role drives procurement excellence through effective supplier management, SAP-based purchasing execution, inventory optimization, cost reduction initiatives, risk mitigation, and cross-functional collaboration. The position is accountable for achieving key procurement objectives related to material availability, supplier performance, cost competitiveness, inventory health, and operational efficiency while maintaining compliance with company procurement policies and standards.
Job Requirements
• Manage end-to-end procurement activities for assigned commodities, materials, and suppliers to ensure uninterrupted supply to manufacturing and business operations.
• Create, review, release, and maintain Purchase Orders (POs) in SAP MM, ensuring timely and accurate execution of procurement transactions.
• Convert Purchase Requisitions (PRs) into Purchase Orders and manage order fulfillment through supplier delivery.
• Monitor MRP requirements, open orders, inventory levels, and material shortages using SAP and take proactive actions to mitigate supply risks.
• Collaborate with Planning, Manufacturing, Engineering, Quality, Logistics, and Finance teams to support production schedules and business requirements.
• Ensure timely availability of materials while optimizing inventory levels and minimizing excess and obsolete inventory.
• Track supplier order acknowledgments, delivery commitments, and shipment status to ensure on-time delivery performance.
• Expedite critical material requirements and develop recovery plans to address supply disruptions and shortages.
• Build and maintain strong supplier relationships to support operational excellence and long-term business objectives.
• Conduct supplier performance reviews and drive improvements in delivery, quality, responsiveness, cost competitiveness, and capacity management.
• Lead commercial negotiations related to pricing, payment terms, lead times, contracts, and service agreements.
• Identify and implement cost reduction, value engineering, and supplier consolidation opportunities to support annual productivity and savings targets.
• Conduct spend analysis and evaluate sourcing strategies to improve procurement effectiveness and reduce overall supply chain costs.
• Support new product introductions (NPI), engineering changes, and product transitions by coordinating procurement activities and supplier readiness.
• Identify, evaluate, and onboard alternative suppliers to strengthen supply continuity and reduce business risks.
• Maintain accurate supplier master data, source lists, scheduling agreements, and procurement records within SAP.
• Monitor supplier capacity, market conditions, and supply chain risks, developing mitigation plans to ensure business continuity.
• Generate and analyze procurement reports related to supplier performance, inventory, shortages, purchase price variance (PPV), and cost savings initiatives.
• Ensure compliance with company procurement policies, ethical sourcing standards, and applicable quality and regulatory requirements.
• Participate in continuous improvement initiatives to enhance procurement processes, supplier performance, inventory management, and operational efficiency.
• Drive achievement of key procurement KPIs, including On-Time Delivery (OTD), material availability, inventory turns, supplier quality performance, cost savings, and purchase price variance targets.
What your background should look like
• BE/ B. Tech (Mechanical or Electronics)
• 7 to 10 years’ experience in dealing with manufacturing set up (Connector manufacturing,
• Aerospace, Electronic precision industries preferred)
• Expert in material and production planning.
• SAP MM, Procurement Operations, Supplier Management, Negotiation, MRP Planning, Inventory Management, Cost Reduction, Strategic Sourcing, Analytics & Reporting