Festo
Website:
festo.com
Job details:
Senior Project Buyer
In this role you will lead strategic sourcing and supplier localization by driving zero‑based costing, negotiations, and end‑to‑end supplier management, also by ensuring strong cross‑functional alignment with engineering and quality teams while improving supplier performance and product cost efficiency. You will also focus on achieving material cost savings, quality compliance, and continuous process optimization.
Your job:
- Perform zero‑based cost estimation for major engineering commodities to support strategic sourcing and cost‑optimization
- Coordinate with Engineering, Product Development, and Quality teams to finalize localization specifications and ensure cross‑functional alignment
- Manage end‑to‑end sourcing processes including negotiations, contracting, supplier delivery, and quality assurance with clear impact on P&L
- Oversee supplier lifecycle management from sourcing and evaluation to execution, delivery performance, and quality compliance
- Identify and drive cost‑saving opportunities and operational improvements, especially in subcontracting and outsourced activities
- Develop and optimize processes to ensure products meet company quality standards and align with local operating conditions
- Support management in improving supplier quality through structured assessments, feedback loops, and continuous improvement initiatives
- Leverage early supplier involvement and global commodity strategies to maximize synergies and achieve material cost optimization
Our requirements:
- B.E. Mechanical Engineer with 5-10 years of experience in procurement, supplier development, and manufacturing processes
- Hands-on expertise in SAP MM with strong capability in handling end‑to‑end procurement and materials management activities
- Proficient in negotiation, costing analysis, budgeting, and planning with a proven track record of driving cost-effective sourcing decisions
- Strong technical knowledge in casting, machining, extrusion, injection molding, rubber parts, standard parts, and investment casting
- Excellent interpersonal, analytical, and communication skills with experience leading technical and commercial discussions during supplier localization
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