Designer - Component Cost Estimation, Supplier Mgmt
India
Job Description
Designer - Component Cost Estimation, Supplier Mgmt
Chennai, Tamil Nadu

Job Summary

The Designer at HCL is responsible for component cost estimation, supplier collaboration and negotiation, as well as supplier development and management. The role involves driving cost-effective solutions, fostering strong relationships with suppliers, and enhancing supplier capabilities to meet business requirements.

Key Responsibilities

1. Conduct component cost estimation and analysis to support sourcing decisions and cost optimization initiatives.
2. Collaborate with suppliers to negotiate favorable terms, pricing, and agreements in line with company requirements.
3. Develop and implement strategies to enhance supplier performance, quality, and delivery timelines.
4. Manage supplier relationships and monitor supplier performance to ensure adherence to contractual obligations.
5. Identify opportunities for supplier development and work towards continuous improvement in supplier processes and capabilities.

Skill Requirements

1. Knowledge of component cost estimation techniques and tools.
2. Negotiation skills with the ability to collaborate effectively with suppliers.
3. Familiarity with supplier development, management, and relationship building.
4. Knowledge of supply chain dynamics, procurement processes, and vendor management.
5. Good communication and interpersonal skills to engage with internal teams and external suppliers effectively.

Other Requirements

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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 226,300 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 December 2025 totaled $14.5 billion.

23 Benefits At HCLTech, we believe in empowering our employees with comprehensive benefits that support their professional growth and enhance their well-being. When you sign up for a career with us, you gain access to: https://rmkcdn.successfactors.com/147eb21f/a701dca9-f32d-4fc9-9447-6.svg Industry-benchmarked compensation https://rmkcdn.successfactors.com/147eb21f/b0c54381-ddcc-4a33-9b35-9.svg Best-in-class healthcare benefits https://rmkcdn.successfactors.com/147eb21f/b73027be-7aae-4d36-a090-4.svg Personal time off https://rmkcdn.successfactors.com/147eb21f/d5b4fdfd-2e99-4e26-9878-9.svg Maternity and paternity benefits https://rmkcdn.successfactors.com/147eb21f/3d42b0fc-4652-435a-9ece-c.svg Access to skills / higher education programs/resources https://rmkcdn.successfactors.com/147eb21f/aeddeaf2-9e25-4584-ad11-d.svg Discounts on products and services via Benefit Box https://rmkcdn.successfactors.com/147eb21f/a9609a3b-2700-4b3c-9d90-a.svg Participate in CSR programs and live life with a purpose https://rmkcdn.successfactors.com/147eb21f/c6e33851-710f-4634-bd69-f.svg Opportunities to grow and advance your career Note: The benefits listed above vary depending on the nature of your employment and the country where you work. Some benefits may be available in some countries but not in all.