Hero MotoCorp—Buyer- Sourcing & Development (Proprietary)

Job description

Description: Function Procurement Pay Band E4 to M2 Role Buyer- Sourcing & Development (Proprietary) A purpose driven role for you Your responsibilities will include but not limited to: 1.Development & Settlement: Execute the development and commercial settlement of Electrical Proprietary and Electrical Lamps parts to ensure timely sample availability. 2.Project Management: Manage motorcycle and series projects within defined cost, timeline, and quality targets for smooth product launches. 3.Maker Finalization: Initiate part development with appropriate technologies and lead times based on the defined sourcing strategy. A Day in the life You will be working on day-to-day basis on following: 1.Budget & Proto Costing: Arranging technical details from R&D for budget costs (NREE, Tooling, line investment) and releasing proto POs. 2.New Part Execution: Reviewing development schedules weekly with R&D and suppliers to resolve technical and customer issues. 3.Cost Settlement: Negotiating and settling mass production costs within a 2% variance of the budgeted cost. 4.Innovation & Profitability: Identifying Leap/Lead ideas and VA/VE initiatives during the design stage to enhance profitability. 5.BOM Management: Creating model material BOMs, comparing them with E-BOMs, and coordinating part cost approvals. 6.Market Intelligence: Exploring new technologies, global suppliers, and benchmarking competitor models. 7.Feasibility Tracking: Ensuring technical issue resolution between suppliers and internal COCs while providing feedback to Project Leaders. Academic Qualification & Experience 1.Education: BE / B.Tech. 2. Experience: 5–8 years of relevant experience. Technical Skills/Knowledge 1.Technical Know-how: Expertise in the proprietary process and electrical supplier base. 2.Part Development: Deep understanding of the end-to-end part development process. 3.Project Management: Ability to manage complex model event timelines and project MIS. 4.Costing & Negotiation: Strong commercial skills for budget costing and supplier settlements. 5.Market Awareness: Knowledge of upcoming tech trends, government policies, and impact analysis. Behavioural Skills 1.Communication Skills: Effective verbal and written interaction for cross-functional alignment. 2.Presentation Skills: Ability to present cost compilations and project status to stakeholders. 3.Analytic Skills: Strong capability for RM trend analysis and gap analysis versus base models. 4.Problem Solving: Resolving internal and external customer issues during the development lifecycle. 5.Collaboration: Working within an operating network including R&D, Vendor Development, and SQA. What will it be like to work for Hero As the world’s largest manufacturer of motorcycles and scooters for the last 22 years, Hero is where you will get to work with the brightest innovators, passionate about being the best in what they do. You will become a part of India’s proudest legacy, a brand that is celebrated by 110 million Indians and is now taking over the world with its manufacturing superpower. If you are someone who dreams big and goes after their dreams with absolute conviction, Hero is your place to be. At Hero, we are building a cutting-edge future of mobility, pushing frontiers of innovation and aiming for the very best. Choose to be with the best, choose to be your best. About Hero Headquartered in New Delhi (India), Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters for 22 consecutive years. We are at the forefront of developing modern, technologically superior and eco-friendly mobility solutions for its millions of customers around the world. Hero MotoCorp has rapidly transformed into a true multinational organization with a presence in 47 countries across Asia, Africa, Latin America and the Middle East. We have achieved the coveted milestone of 110 million cumulative production and sales since inception. Aligned with its Vision “Be the Future of Mobility”, Hero MotoCorp plans to achieve its next 100 million sales by 2030. We have a globally benchmarked manufacturing and Research & Development (R&D) ecosystem that is spread across global geographies. Its R&D facilities are located in India and Germany - the Centre of Innovation and Technology (CIT) at Jaipur, India, and the Tech Centre Germany (TCG), near Munich. Hero MotoCorp’s eight ‘green’ manufacturing facilities are spread across India (6), Colombia (1) and Bangladesh (1). Hero MotoCorp is the pre-eminent leader in the Indian two-wheeler market. It is the only motorcycle manufacturing company listed in Dow Jones Sustainability Index. In 2022, Hero MotoCorp launched a separate brand for emerging mobility solutions, including Electric Vehicles (EV) - VIDA, Powered by Hero. VIDA has commenced sales of VIDA V1 – its first EV – in India and plans to launch the product in global markets. We are one of the largest global corporate promoters of multiple sporting disciplines. Hero is globally associated with golf, football, field hockey, cricket and motorsports. Hero MotoSports Team Rally is one of India’s flag-bearers in global rally racing. The iconic golfer Tiger Woods is Hero MotoCorp’s Global Corporate Partner. Read more about us. Be with the best. Be your best. Catch-up on all our latest openings. Recruitment assessments – We at Hero are equal opportunity employer and committed to a policy of treating all its employees and job applications equally. Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.