Strategic Procurement Buyer

Siemens


Date: 2 weeks ago
City: Remote, Remote
Contract type: Full time
Remote
We're improving the way we live and work by intelligently connecting energy systems, buildings, and industries!!

Smart infrastructure from Siemens makes the world a more connected and caring place – where resources are valued, where impact on the world is considered, where sustainable energy is delivered optimally and efficiently. It provides the flexible infrastructure to allow society to evolve and respond to changing conditions. Technology and the ingenuity of people come together to be at one with our environments and to care for our world. We do this from the macro to the micro level, from physical products, components, and systems to connected, cloud-based digital offerings and services. Siemens offers a broad portfolio of grid control and automation; low- and medium-voltage power distribution, switching and control; and building automation, fire safety and security, HVAC control and energy solutions.

JOIN US! WE MAKE REAL WHAT MATTERS. THIS IS YOUR ROLE

Position Summary

We are looking for an experienced Strategic Procurement professional with 10–12 years of experience in commodity sourcing, supplier management, cost optimization, and value engineering. The candidate should possess strong expertise in Copper Machined & Forged Components, Plastic Commodities, Zero-Based Costing (ZBC), MIS Reporting, Supplier Negotiations, and Strategic Sourcing.

The role will be responsible for developing sourcing strategies, driving procurement savings, supplier consolidation, cost transparency, and supporting business growth through effective procurement practices.

Key Responsibilities

Strategic Sourcing & Procurement

  • Develop and execute sourcing strategies for assigned commodities.
  • Drive competitive sourcing through RFQ, RFI, and e-auction activities.
  • Identify and develop new suppliers to enhance competitiveness and reduce risk.
  • Conduct supplier capability assessments and sourcing evaluations.
  • Develop supplier consolidation and vendor rationalization strategies.

Commodity Management

Copper Parts (Machining & Forging)

Strong Understanding Of

  • Copper machining processes
  • Hot & cold forging
  • CNC turning and milling
  • Surface treatment and plating processes
  • Perform technical-commercial evaluations of suppliers.
  • Evaluate material utilization, scrap generation, productivity, and cost drivers.

Plastic Commodity

  • Experience in:
  • Injection molding
  • Insert molding
  • Engineering plastics
  • Mold costing
  • Cycle time analysis
  • Drive material and process cost optimization.

Cost Management & Zero-Based Costing

  • Lead Zero-Based Costing (ZBC) initiatives across commodities.
  • Conduct should-cost analysis and price breakdown reviews.

Analyze

  • Raw material costs
  • Conversion costs
  • Tooling costs
  • Packaging
  • Logistics
  • Support annual productivity and cost reduction targets.
  • Identify Value Engineering (VE) opportunities.

Supplier Negotiation & Contract Management

  • Lead commercial negotiations with suppliers.
  • Prepare negotiation strategies using cost models and market intelligence.
  • Execute long-term agreements and rate contracts.
  • Manage supplier performance and business reviews.

MIS & Analytics

Develop and maintain procurement MIS dashboards.

Track

  • Savings
  • Spend analysis
  • PPV (Purchase Price Variance)
  • Supplier performance
  • Contract compliance

Generate monthly, quarterly, and annual management reports.

Utilize Excel, Power BI, SAP/ERP tools for data analysis.

Market Intelligence

  • Monitor commodity market trends:
  • Copper/Plastics/Polymers
  • Energy/Labor impacts
  • Logistics costs
  • Evaluate risk and recommend mitigation plans.
  • Benchmark supplier pricing and industry trends.

Candidate Profile

Mandatory Expertise :

  • B.E./B.Tech in Mechanical Engineering
  • 10–12 Years Procurement Experience
  • MIS & Data Analytics
  • Zero-Based Costing (ZBC)
  • Should Costing & Cost Breakdown Analysis
  • Copper Machined Parts & Forging Commodity
  • Plastic Commodity Sourcing
  • Strategic Sourcing & Supplier Negotiation
  • Value Engineering & Cost Reduction Projects

Desired Competencies

  • Strategic thinking
  • Strong commercial acumen
  • Excellent negotiation skills
  • Cost optimization mindset
  • Data-driven decision making
  • Cross-functional collaboration

Key Performance Indicators (KPIs)

  • Annual Cost Savings
  • Supplier Consolidation / Supplier Performance
  • Contract Coverage
  • Procurement MIS Accuracy
  • Localization & Value Engineering Savings

Preferred Industry Experience

  • Switchgear
  • Automotive Components
  • Copper Components / Forging Industry
  • Plastic Components / Industrial Equipment

WE DON'T NEED SUPERHEROES, JUST SUPER MINDS!

WE’VE GOT QUITE A LOT TO OFFER. HOW ABOUT YOU?

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality and we welcome applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination, and help us shape tomorrow.

Find out more about Smart Infrastructure at: https://new.siemens.com/global/en/company/topic-areas/smart-infrastructure.html and about Siemens careers at: www.siemens.com/careers #SL

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