Senior Executive - Sourcing & Vendor Development

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