
Associate Director – Procurement Cost Reduction
Job Description
Job Description: Associate Director – Procurement Cost Reduction
Location:Chennai
Work Mode: Hybrid | 5 Days Working
Role Overview
We are looking for an experienced Associate Director with expertise in automotive direct material procurement, strategic sourcing, value engineering, and cost optimization. The candidate should have consulting experience and a proven track record of delivering procurement cost-reduction initiatives.
Mandatory Skills
Procurement and Costing,
Strategic Sourcing,
Vendor Development,
Automotive Manufacturing,
Process Engineering,
Product Development,
Value Engineering.
Cost Reduction,
Six Sigma,
Operational Excellence
Key Responsibilities
- Lead strategic sourcing and category management for automotive direct materials.
- Drive value engineering, should-cost analysis, and cost-reduction programs.
- Manage supplier negotiations, vendor development, and performance improvement.
- Identify savings opportunities through localization and alternate sourcing.
- Lead client engagements, procurement transformation projects, and stakeholder discussions.
- Present strategic recommendations and mentor junior team members.
Required Qualifications
- B.E./B.Tech. in Mechanical, Automobile, Production, Industrial, or Manufacturing Engineering.
- 14–18 years of experience in automotive procurement and sourcing.
- Hands-on experience in direct material sourcing and cost
- optimization across multiple automotive component categories.
- Experience with automotive OEMs or Tier-1/Tier-2 suppliers.
- MBA from a reputed institute preferred.