Sr. Consultant / Manager Procurement Cost Reduction

Job Description

Sr. Consultant / Manager Procurement Cost Reduction(Industrial Manufacturing & Automation)Location:Chennai |Department:Consulting |Employment Type:Full TimeExperience:4 to 10 years |Work Model:Hybrid (5 days/week)Role split:Sr. Consultant 4 to 7 years | Manager 7 to 10 yearsRole OverviewWe are a leading professional services / consulting organization seeking a highly motivatedSenior Consultant / Manager Automobile Procurementwith strong experience in automotive direct materials sourcing, value engineering, and procurement cost optimization. The candidate should have hands-on experience sourcing automotive components, supplier negotiations, cost reduction initiatives, and procurement transformation programs for OEMs and automotive suppliers.The ideal candidate will have worked extensively on direct material procurement and demonstrated success in value engineering, should-cost analysis, localization, and strategic sourcing across multiple automotive categories.Key ResponsibilitiesProcurement Strategy & Sourcing
• Lead strategic sourcing and category management initiatives for automotive direct materials
• Develop sourcing strategies to optimize cost, quality, delivery, and supplier performance
• Drive supplier identification, RFQ/RFP management, commercial negotiations, and contract finalization
• Support clients in procurement transformation and operating model design
Value Engineering & Cost Reduction
• Execute value engineering and value analysis initiatives across automotive components and assemblies
• Conduct should-cost analysis and benchmarking to identify cost optimization opportunities
• Lead procurement cost reduction programs through design-to-cost, localization, alternate sourcing, and supplier productivity improvements
• Identify and implement total cost of ownership (TCO) improvement opportunities
Automotive Category ExpertiseExperience in sourcing and cost optimization across one or more of:
• Castings and forgings
• Machined components
• Sheet metal and fabricated parts
• Plastics and polymer components
• Electrical and electronic components
• Interior and exterior systems
• Powertrain and drivetrain components
• Chassis and suspension systems
• Fasteners, bearings, and standard parts
Supplier Management
• Evaluate supplier capabilities, cost structures, and operational performance
• Drive supplier development and performance improvement programs
• Manage supplier risk assessment and mitigation strategies
• Support supplier negotiations for cost, tooling, investments, and long-term agreements
Consulting & Client Management
• Work closely with automotive OEMs and Tier-1/Tier-2 suppliers on procurement excellence programs
• Lead workshops and stakeholder discussions with procurement, engineering, manufacturing, and finance teams
• Develop executive-level presentations and recommendations for client leadership
• Manage project workstreams and mentor junior team members
Required Qualifications
• Bachelors degree in Engineering (Mechanical, Automobile, Production, Industrial, Manufacturing, or related field)
• MBA from a reputed institute (e.g. SP Jain, IIMs) preferred
• 4 to 10 years of experience in automotive procurement, sourcing, supply chain, or cost optimization
• Prior experience with automotive OEMs, Tier-1 suppliers, engineering services firms, or consulting organizations
• Strong understanding of automotive manufacturing processes and component cost structures
• Must have worked in the auto industry in a sourcing role and done value engineering / cost reduction across multiple categories
• Must have bought direct material parts and done value engineering / procurement cost reduction (not purely indirect or platform-implementation work)
Mandatory SkillsProcurement, Costing, Sourcing, Vendor Development, Manufacturing, Process Engineering, MED, Product Development, Six Sigma, Operations Excellence, Value Engineering, Cost ReductionAdditional Information
• 5 days working, hybrid model
• Role requires regular travel to client sites based on business needs
• Relocation is open; relocation allowance applicable for candidates relocating to Chennai

Keyskills :
cost reductionvalue engineeringdirect materials procurementautomotive procurement