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Senior Executive - Sourcing & Vendor Development

  • On-site
    • Rudraram, Hyderabad, Telangāna, India
  • ₹900,000 - ₹1,000,000 per year
  • Global Sourcing Corporate APAC

Experienced professional driving cost estimation, strategic sourcing, and vendor development for heavy engineering projects with strong techno-commercial and fabrication expertise.

Job description

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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Working together

Signode is committed to creating a diverse and inclusive workplace where all individuals are valued and respected. We welcome applicants from diverse backgrounds and do not discriminate based on race, ethnicity, gender, sexual orientation, religion, age, disability, or veteran status. Our commitment to diversity drives innovation, fosters a positive work environment, and enhances our ability to serve our customers effectively.