Sourcing Engineer - I2V/NPD

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. 

Job Title: NPD-I2V Sourcing Engineer.
Location: Bangalore
About Ingersoll Rand: Ingersoll Rand is a $7.2 billion company whose people and businesses around the world create progress for our customers in the industrial markets. These markets continue to expand as they address growing needs in developed and developing economies alike. Our products, systems, and solutions increase the efficiency and productivity of industrial and commercial operations and improve the security, safety, health, and comfort of people around the world. We offer opportunities for career growth through our diverse businesses, which manufacture many well-recognized brands including Club Car and Ingersoll Rand. In every line of business, Ingersoll Rand enables companies and their customers to inspire progress. For more information, visit www.ingersollrand.com.
Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.
Overview- We are seeking a highly skilled and motivated NPD/I2V Sourcing Engineer to join our Global Precision Technology Sourcing Organization. This role involves supporting the development, implementation, and management of I2V sourcing strategies to provide optimal supply assurance, pricing, flexibility, quality, and delivery performance. The Sourcing Engineer collaborates with engineering, operations, and quality teams, as well as key suppliers, to meet cost, quality, and delivery targets while fostering positive supplier relationships.

Responsibilities-  
• Supplier identification & Sourcing of Casting, Machining, Plastic &other products and components to meet business needs

• Work with large amount of data to drive LAA (lowest acceptable agreement) and MDO (most desired outcome) to form conclusion and recommendations.

• Preform analytics and reporting deployments
• Work with management to address all aspects of supply chain management, including procurement support, pricing, and product
• Investigate and resolve discrepancies between expected and actual planned commitments
• Analyze and calculate costs of procurement and suggest methods to decrease expenditure
• Discover and partner with trustworthy vendors and suppliers
• Monitor the variances in the budget to ensure that the purchases are made within the specified budget standards
• Define the sourcing recommendations that will help in achieving the business goals and objectives of NPD/I2V Engineering team.

Essential Skills
• Experience of working with Asian / NA based Pumps companies
• Advance excel
• MRP System, Oracle, SAP Etc.… is a plus
• Demonstrate ability to work as an individual contributor or on a team
• Ability to read and interpret engineering drawings, specifications and requirements
• Very strong analytical skills
• Ability to quickly understand and apply new information
• Solid communication skills
• Should be proficient in using computer and have excellent project management skills
Basic Qualifications 
• Bachelor Engineering, Supply Chain Management, Logistics or Business Administration
• 6-9 years work experience in supply chain.
• Familiarity with sourcing and vendor management
• Strong project management Skills
• Comfortable with figures and in collecting, analyzing and interpreting data

Travel & Work Arrangements/Requirements

  40% travel

What we Offer

• We are all owners of the company! Stock options(Employee Ownership Program)  that align your interests with the company's success.   
• Yearly performance-based bonus, rewarding your hard work and dedication.   
• Leave Encashments  
• Maternity/Paternity Leaves 
• Employee Health covered under Medical, Group Term Life & Accident Insurance 
• Employee Assistance Program  
• Employee development with LinkedIn Learning  
• Employee recognition via Awardco  
• Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.