Senior Engineer Sourcing FIMER Bangalore, India Job Posted : Dec 13th, 2022 Job Description Senior Engineer – Sourcing is responsible for sourcing of the components for the solar inverter product, Multiple supplier development for capacity enhancement, alternate supplier / Product identification, Qualification and validation, cost reduction of the components and reduction of the overall product BOM cost. Reports to the SCM Manager ACTIVITIES:- Develop a multiple vendor base wrt. organisation strategy. Alternate supplier / product identification, Qualification, and validation. Generate and implement efficient sourcing and category management strategies Analyzing and calculating procurement costs and developing cost reduction strategies. Cost analysis, budgeting, forecasting, market and supplier research and analysis. Work with business partners to identify and drive Total Cost of Ownership (TCO) process improvements to reduce costs. Drives strategic cost management (lean/ continuous improvement programs / should-cost models) Negotiating contracts with key suppliers, including costs and terms of supply, service, and quality to deliver Best-In-Class pricing (Cost Models, Benchmarking, Market Intelligence). Develop supplier database and establish annual purchasing contracts for lower value, high value items Ensures world-class supply base (supplier selection and allocation, standardization, negotiation and contracting, supplier performance rating and measurement) Proactively ensures long term capacity and the availability of scarce components Do cost benchmarking exercise for the critical parts sourced. Support New product development involving suppliers at early stage of design/development action Education:- Degree in Mechanical or Electrical/Electronic Engineering Experience:- 6 -7 years sourcing experience in Solar Inverter, Drives, Wind Converter products. Location:- Bangalore, India. Company Overview:- FIMER is the fourth largest solar inverter supplier in the world. Specializing in solar inverters and mobility systems, it has over 1100 employees worldwide and offers a comprehensive solar solutions portfolio across all applications. FIMER’s skills are further strengthened by its bold and agile approach that sees it consistently invest in R&D. With a presence in 26 countries together with local training centers and manufacturing hubs, FIMER remains close to its customers and the ever-evolving dynamics of the energy industry. Source Apply Now Tags: FIMER, FIMER Recruitments, job vacancy in Bangalore, Job Vacancy in India, Senior Engineer Sourcing