Programs Procurement Sr Manager

Location

Chennai | India

Job description

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About the job

At Visteon, the work we do is both relevant and recognized-not just by our organization, but by our peers, by industry-leading brands, and by millions of drivers around the world. That's YOUR work.

And, as a truly global technology leader in the mobility space, focused on building cross-functional AND cross-cultural teams, we connect you with people who help you grow.

So here, whatever we do is not a job. It's a mission. As a multi-billion-dollar leader of disruptive change in the industry, we are shaping the future, while enabling a cleaner environment. No other industry offers more fast-paced change and opportunity. We are in the midst of a mobility revolution that will completely change the way we interact with our vehicles, reduce the number of car accidents and fatalities, and make the world a cleaner place.

Visteon is at the epicenter of this mobility revolution.
Two major trends in the automotive industry - the shift to electric vehicles and vehicles with autonomous safety technologies - have created unique opportunities for Visteon. We are the only automotive provider focused exclusively on cockpit electronics - the fastest-growing segment in the industry.

And our team is ready for YOU. To show the world what you can do.

Enabling a software-defined, electrified future.

Visteon is a technology company that develops and builds innovative digital cockpit and electrification products at the leading-edge of the mobility revolution. Founded in 2000, Visteon brings decades of automotive intelligence combined with Silicon Valley speed to apply global insights that help transform the software-defined vehicle of the future for many of the world's largest OEMs. The company employs 10,000 employees in 18 countries around the globe and generated $3.76 billion in sales (USD) in 2022.

Mission of the Role:

This role champions India leadership in direct material procurement, orchestrating value from commodity purchasing and other cross functional teams to secure new business wins for Visteon India and ensure flawless launch execution. The mission is also to provide leadership to the entire purchasing team and be the face of India Procurement and play a strategic role in helping to drive actions towards profitable businesses for India.

Key objectives of this Role:

• Drive overall strategies of the organization to ensure cost savings through all phases of program development (procurement and supply chain perspective):
  • Idea Generation and Screening
  • Concept Development and influence make vs buy decisions
  • Costed BOM analysis
  • Product Development recommendations based on market trends
  • Commercialization and industrialization (Regional Level)
  • Drive for positive business equation for the organization (Sales and purchasing)
• Drive PDM (price decision making) approach and target on-time cost at BOM
• Drive cross functional Sourcing Boards for alignment and final sourcing approvals meeting project milestones and commercial expectations
• Drive an early engagement to arrive at a competitive cost and work towards design to cost (a bottom-up focused approach)
• Drive on-time BOM with the required specification based on market nuances
• Drive and ensure customer group expectations in different regions ensuring program profitability
• Lead efforts to drive localization and best country supplier sourcing strategies with the 'total landed cost' approach during the pursuit and sourcing phase
• Work closely with Product Development in developing 'design for sourcing' strategies

Key Performance Indicators:

• Secure New business wins with competitive costed BOMs
• Drive for early platform based design solutions to help achieve above
• Flawless execution of new product launches
• Drive for profitable businesses and improve material margins

Qualification, Experience and Skills:

• Bachelor's Degree, Master preferred, Electrical Engineering preferred
• 10-15 years in responsible roles within an international business environment and procurement/purchasing lead experience
• Strong knowledge of supply base and costing of various commodities
• Ability to clearly present sourcing strategy for projects and risk assessments
• Ability to lead cross functional teams with focus and accountability.
• Effective negotiation skills
• Value Chain analysis (VAVE, TQCM)
• Effective presentation skills and Strong communication skills
• Knowledge about EV market and suppliers to support EV Product portfolios .
• Ability to balance risk and achieve lowest material cost within very tight deadlines

Key Leadership Behaviors:

• Lead from the front
• Inspire change
• Build strong teams
• Lead the market
• Strong business partner
• Critical thinker
• Visionary
• Resilient
• Perseverant

Reporting Structure:

• Reports to the Global Head of Program Procurement

Visteon Culture: If you thrive in a fast-paced, organizational culture that requires agility, adaptability, and a growth mindset from its employees to thrive and stay ahead of the curve Visteon is the place. We value high performance and a drive for results. Innovation, risk-taking, and continuous learning help us keep up with the ever-changing landscape of our industry and be Market leaders. At Visteon you can be more.

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