Department - Outsource (Procurement & Development)

Position - Outsourcing Manager- Casting, Forging Procurement

Commodity – Casting & Forgings– GDC, PDC, Sand Casting, Investment Casting, Closed die forgings.

Key Role & Responsibilities

· Identify, evaluate, and select casting and forging suppliers, considering factors like quality, cost, lead time, and capacity.

· Negotiate pricing, terms, and conditions with suppliers, including lead times and delivery schedules.

· Develop and manage contracts, ensuring compliance with company policies and legal requirements.

· Identify and implement cost-saving initiatives, such as negotiating better pricing, optimizing sourcing strategies, and leveraging volume discounts.

· Track and report on cost savings performance.

· Manage the placement and tracking of purchase orders, ensuring timely and accurate fulfillment.

· Manage inventory levels and lead time to minimize costs and ensure adequate supply.

· New product part development as per project cost and timeline

· Work with suppliers and internal teams to ensure that all castings and forging meet quality standards.

· Monitor, manage, and address the risks of supply base in delivery, finance & capacity.

Skills & Experience

· A Bachelor’s Engineering degree / DME in a relevant discipline.

· A minimum of 8+ years of relevant experience.

· Strong understanding of casting and forging processes and materials.

· Experience in sourcing, negotiating, and managing contracts with suppliers.

· Knowledge of relevant industry standards and regulations.

· Excellent communication, negotiation, and interpersonal skills.

· Proficiency in using procurement software and ERP systems.

· Ability to work independently and as part of a team.

· This role requires a deep understanding of Casting & Forging processes, materials, and market trends to ensure the highest standards of quality and efficiency.

· The candidate should have in depth knowledge of the casting market regionally and globally.

· With experience in purchasing casting & Forging Components, the candidate should be capable to perform techno-commercial analysis of casted / forged parts, tooling cost and methodologies to be used.

· The candidate should be able to Provide support with his expertise on casting processes, within the company to other buyers across the commodity team.