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Buyer- Sourcing & Development (Forging & Casting)

Hero Motocorp · Gurgaon, HR, IN, 122001 · India · On-site

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Function Procurement Pay Band E4 to M2 Role Buyer- Sourcing & Development (Forging & Casting) A purpose driven role for you Your responsibilities will include but not limited to: 1.Development & Settlement: Execute the development and commercial settlement of Forging & Casting category parts to ensure timely sample and part availability. 2.Project Management: Manage motorcycle and series projects within defined cost targets, timelines, and quality parameters for smooth vehicle launches. 3.Maker Finalization: Initiate part development with appropriate manufacturing technologies and lead times based on the category sourcing strategy. A Day in the life You will be working on day-to-day basis on following: 1.Budget & Proto Costing: Arranging technical details from R&D for budget costs (NREE, Tooling, and line investments) and releasing prototype POs. 2.Development Execution: Tracking part development schedules weekly with R&D and suppliers to resolve technical and customer issues. 3.Commercial Settlement: Preparing cost proposals and negotiating mass production pricing within a 2% variance of the budgeted cost. 4.Profitability Initiatives: Identifying Leap/Lead ideas and driving cost-saving initiatives at the initial design stage. 5.Feasibility & Technical Resolution: Tracking feasibility reports and securing issue resolution between suppliers and internal COCs. 6.BOM & Transition Management: Creating model Material BOMs, comparing them with E-BOMs, and ensuring smooth model handovers from SS to VD. 7.Market Intelligence: Exploring new technologies, evaluating global casting/forging suppliers, and conducting competitor model benchmarking. Academic Qualification & Experience 1.Education: BE / B.Tech. 2.Experience: 6-7 Years of relevant experience. Technical Skills/Knowledge 1.Category Know-how: Deep technical, process, and supplier base knowledge specific to Forging & Casting components. 2.Part Development: Thorough understanding of the automotive end-to-end part development lifecycle. 3.Costing & Negotiation: Strong commercial skills for concept-stage budget costing and final supplier settlements. 4.Project Management: Proven ability to manage project timelines, create milestone schedules, and maintain project MIS. 5.Market Trend Analysis: Competency in mapping upcoming technical trends, tracking raw material commodity shifts, and evaluating government policy frameworks. Behavioural Skills 1.Communication Skills: Excellent verbal and written skills for driving cross-functional and supplier alignment. 2.Presentation Skills: Ability to clearly present project status, cost gap analysis, and strategic sourcing data to stakeholders. 3.Analytic Skills: Strong capabilities for conducting raw material trend analysis and baseline model cost comparisons. 4.Collaboration: Managing active working relationships across R&D, SQA, Projects, and external Supply Chain Partners. 5.Problem Solving: Handling ambiguity at…