Responsibilities:- Costing, negotiations and development of new parts. Should meet project schedules, interact with different agencies within the company  - Meet cost reduction targets by VA-VE, Yield improvement, inner parts localization Annual price negotiations etc.- Supply follow up, vendor up-gradation activities, MIS reporting activities, budget making, vendor capacity assessment etcTechnical/ Functional:• Ability to understand technical and commercial requirements of various components, should have good negotiating skills, should be able to read drawings, understand various manufacturing processes/ Die Layouts etc.• Ability to effectively communicate specific requirements with suppliers and monitor the overall development process at supplier end.• Ability to analyze commercial information and propose strategiesBehavioral: Excellent interpersonal skills, Communication & presentation skills, Achievement orientation, Team player, Networking skillsSpecialties: Sourcing, procurement and development of Automotive electrical componentsDiesel Engine and small machining components Clutch and shift tower