Buying Analyst

Cummins · Hosūr

Job Summary

The Strategic Sourcing / Procurement Specialist supports sourcing, localization, supplier management, commercial negotiations, and cost optimization activities for Cummins products. The role is responsible for analyzing supplier quotations, conducting should-cost and benchmarking analysis, developing sourcing strategies, managing supplier agreements, and identifying cost reduction opportunities while ensuring quality, delivery, compliance, and long-term supplier relationships.

Key Responsibilities

Manage supplier agreements, including Non-Disclosure Agreements (NDAs), purchasing agreements, and other commercial contracts.
Lead sourcing and localization programs, ensuring timely execution and achievement of project milestones.
Develop and evaluate should-cost models for castings, forgings, machined components, sheet metal, brake components, and proprietary parts.
Prepare and evaluate tooling cost estimates for new product development and localization projects.
Conduct raw material cost trend analysis, RM indexing, price benchmarking, and commercial analysis to support supplier negotiations.
Lead commercial negotiations with suppliers and drive successful cost settlements while maintaining strong supplier relationships.
Prepare and issue RFQs and evaluate supplier quotations using Total Cost of Ownership (TCO) and technical-commercial analysis.
Analyze and benchmark BOM costs for complete vehicles, aggregates, and sub-systems to identify cost optimization opportunities.
Identify and implement Value Analysis/Value Engineering (VA/VE) and cost reduction initiatives across commodities.
Develop sourcing strategies, assess supplier capabilities, and support supplier selection and development.
Monitor manufacturing technologies, cost drivers, market trends, and industry developments across commodities such as gears, castings, forgings, sheet metal, brake components, bearings, rubber, and seals.
Manage procurement transactions and reporting using ERP systems such as SAP MM, JD Edwards, or Oracle.
Ensure compliance with procurement policies, procedures, ethical sourcing practices, and applicable commercial requirements.
Collaborate with Engineering, Quality, Manufacturing, Finance, Supply Chain, and Program Management teams to achieve sourcing and project objectives.
Analyze sourcing data and market intelligence to identify process improvement and cost reduction opportunities.
Maintain appropriate supplier, legal, and compliance documentation in applicable systems.
Support supplier onboarding, vendor management, and procurement process improvement initiatives.

Cummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law. The Strategic Sourcing / Procurement Specialist supports sourcing, localization, supplier management, commercial negotiations, and cost optimization activities for Cummins products. The role is responsible for analyzing supplier quotations, conducting should-cost and benchmarking analysis, developing sourcing strategies, managing supplier agreements, and identifying cost reduction opportunities while ensuring quality, delivery, compliance, and long-term supplier relationships.

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