Senior Design - Component Cost Estimation, Supplier Mgmt
India
Job Description
Senior Design - Component Cost Estimation, Supplier Mgmt
Bengaluru, Karnataka

Job Summary

Commodity Strategy
Prepare and Manage RFQ (Request for quotation)
Strategic Sourcing
To manage and negotiate purchasing performance through negotiating and monitoring the whole set of available leverages.
To generate the Purchase Agreement (contract) in line with the supplier selection made (REC)
To ensure contract execution: terms & conditions
To manage escalation level with suppliers when needed for performance issues.
To manage the administrative work attached to these activities (Purchase orders, amendments, etc)
To manage reporting (eg: Performance roadmap)
To manage and negotiate purchasing performance through negotiating and monitoring the whole set of available leverages like commercial performance (including commercial claims), Monozokuri, Value Optimization (VO) and Raw
 Material indexation/optimization
To coordinate and prepare various business reviews with suppliers
To work with suppliers and supply chain to ensure prompt resolution to Vehicle’s off road (VOR’s) ensuring suppliers provide parts as required. 

Key Responsibilities

Commodity Strategy
Prepare and Manage RFQ (Request for quotation)
Strategic Sourcing
To manage and negotiate purchasing performance through negotiating and monitoring the whole set of available leverages.
To generate the Purchase Agreement (contract) in line with the supplier selection made (REC)
To ensure contract execution: terms & conditions
To manage escalation level with suppliers when needed for performance issues.
To manage the administrative work attached to these activities (Purchase orders, amendments, etc)
To manage reporting (eg: Performance roadmap)
To manage and negotiate purchasing performance through negotiating and monitoring the whole set of available leverages like commercial performance (including commercial claims), Monozokuri, Value Optimization (VO) and Raw
 Material indexation/optimization
To coordinate and prepare various business reviews with suppliers
To work with suppliers and supply chain to ensure prompt resolution to Vehicle’s off road (VOR’s) ensuring suppliers provide parts as required. 

Skill Requirements

1. Proficiency in component cost estimation techniques and tools.
2. Strong negotiation and collaboration skills with suppliers.
3. Experience in supplier development and management practices.
4. Knowledge of industry best practices related to component design and cost optimization.
5. Good communication and interpersonal skills for effective stakeholder engagement.

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 223,000 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 June 2026 totaled $14.8 billion.