Sourcing Engineer

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 

Sourcing Engineer

Location  

Hyderabad

About Us

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 & Division Summary: 

Sourcing Engineer will be supporting the development, implementation, and management to provide Ingersoll Rand with optimal supply assurance, pricing, flexibility, quality, and delivery performance. The Sourcing Engineer builds and leverages strong working relationships with our engineering, operations and quality teams and key suppliers to ensure cost, quality, and delivery targets met, as well as, works towards good supplier relationships to achieve maximum advantage for Ingersoll Rand and our customers.

Responsibilities

• Lead negotiations and supplier selection
• Continuously looks for new savings opportunities through analysis of data (spend, purchase price variance, etc.) and hands on review of materials in the production areas.
• Leads Request for Proposal (RFP) process with all stakeholders.
• Negotiates key items with suppliers including pricing, payment terms, lead time, and inventory programs.
• Records and tracks information as required for timely and accurate measure of performance regarding sourcing activities and savings.
• Support the plants to help local teams efficiently resolve escalated issues.
• Identify gaps to goals and collaboratively develop and support countermeasures and activities to close the gap and exceed targets.
• Work to align strategies between commodity and sector localization, plant rationalization and similar
• Works with suppliers to address significant and/or systemic issues with performance (quality, delivery, warranty, etc.) as may be required in support of plant Manufacturing, Purchasing and Quality teams
• Responsible for coordinating with commodity teams, materials, operations, engineering, finance, quality, and field operations to complete projects and achieve expected benefits within project timeline.
• Creates continuous improvement ideation sessions for responsible plants. Generate and evaluate new ideas and opportunities aligned with plant priorities and strategies.
• Participate in and represent Sourcing function during plant or product Value Analysis/Value Engineering (VAVE) or Major Model Review (MMR) events. Responsible for collecting and communicating commodity actions following event.
• Performs additional duties as assigned and participates in special projects as required.

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.