Design Lead - Component Cost Estimation, Supplier Mgmt
United States
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Job Description
Design Lead - Component Cost Estimation, Supplier Mgmt
Peoria,Illinois

Job Summary

The Design Lead will be responsible for overseeing Component Cost Estimation, Supplier Collaboration and Negotiation, and Supplier Development & Management with a focus on achieving cost-effective solutions and optimizing supplier relationships.

Key Responsibilities

1. Lead component cost estimation activities to ensure accurate project budgeting and cost control
2. Collaborate with suppliers to negotiate favorable terms, pricing, and contracts
3. Develop and implement strategies to manage and enhance supplier relationships
4. Monitor supplier performance and drive continuous improvement initiatives
5. Provide guidance and support to cross functional teams on supplier related matters

Skill Requirements

1. Proficient in component cost estimation techniques and tools
2. Strong negotiation skills with the ability to collaborate effectively with suppliers
3. Experience in supplier development & management practices
4. Excellent communication and interpersonal abilities for building and maintaining supplier relationships
5. Analytical mindset with the capability to assess cost data and make informed decisions

Other Requirements

1.Certification in Supply Chain Management or Procurement is a plus
Maximum Salary (US):  118000
Minimum Salary (US):  77000
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Information at a Glance

Why HCLTech?

At HCLTech, you'll supercharge your potential. You'll find your career. And you'll find your spark. All at a place that knows that helping its customers stay on top starts by putting its people first.

HCLTech is a global technology company, home to more than 226,600 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2025 totaled $14.2 billion.

Compensation and Benefits

A candidate’s pay within the range will depend on their skills, experience, education, and other factors permitted by law. This role may also be eligible for performance-based bonuses subject to company policies. In addition, this role is eligible for the following benefits subject to company policies: medical, dental, vision, pharmacy, life, accidental death & dismemberment, and disability insurance; employee assistance program; 401(k) retirement plan; 10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year); and 10 paid holidays per year.