Job Description
Key Skills:
The Specialist - Vendor Development will be responsible for the end-to-end process of identifying, evaluating, developing, and managing a robust vendor base for critical auto-electrical components specifically for EV two-wheeler applications. This role requires strong technical understanding of auto-electrical systems, exceptional negotiation skills, and a proactive approach to ensuring cost-effectiveness, quality, and timely delivery of components such as HV & LV cables, Portable Residual Current Devices (PRCD), electronic handlebar locks, horns, and vents.
Sourcing & Supplier Identification:
● Identify and evaluate potential domestic and international suppliers for HV & LV cables, PRCD, electronic handlebar locks, horns, vents, and other auto-electrical components for EV two-wheelers.
● Conduct market research to identify new technologies, materials, and suppliers that can enhance product performance, reduce costs, or improve supply chain efficiency.
● Develop a strong pipeline of qualified vendors based on technical capabilities, quality systems, financial stability, and ethical practices.
· Costing & Analysis:
● Conduct detailed cost analysis of components, including material costs, manufacturing processes, tooling costs, and overheads.
● Benchmark component costs against industry standards and competitor pricing to identify cost reduction opportunities.
● Prepare comprehensive cost reports and present findings to management.
· Negotiation & Contract Management:
● Lead negotiations with vendors on pricing, payment terms, delivery schedules, quality standards, and service level agreements (SLAs).
● Develop and implement negotiation strategies to achieve favorable terms and conditions while maintaining strong vendor relationships.
● Draft, review, and finalize procurement contracts and agreements to ensure compliance with legal and company policies.
· Sourcing & Supplier Identification:
● Identify and evaluate potential domestic and international suppliers for HV & LV cables, PRCD, electronic handlebar locks, horns, vents, and other auto-electrical components for EV two-wheelers.
● Conduct market research to identify new technologies, materials, and suppliers that can enhance product performance, reduce costs, or improve supply chain efficiency.
● Develop a strong pipeline of qualified vendors based on technical capabilities, quality systems, financial stability, and ethical practices.
· Costing & Analysis:
● Conduct detailed cost analysis of components, including material costs, manufacturing processes, tooling costs, and overheads.
● Benchmark component costs against industry standards and competitor pricing to identify cost reduction opportunities.
● Prepare comprehensive cost reports and present findings to management.
· Negotiation & Contract Management:
● Lead negotiations with vendors on pricing, payment terms, delivery schedules, quality standards, and service level agreements (SLAs).
● Develop and implement negotiation strategies to achieve favorable terms and conditions while maintaining strong vendor relationships.
● Draft, review, and finalize procurement contracts and agreements to ensure compliance with legal and company policies.
· Vendor Development & Relationship Management:
● Collaborate with engineering, quality, and production teams to define technical specifications and quality requirements for components.
● Conduct technical audits and assessments of potential and existing vendors to ensure adherence to quality management systems.
● Drive continuous improvement initiatives with vendors to enhance product quality, reduce lead times, and optimize manufacturing processes.
● Monitor vendor performance through key performance indicators (KPIs) such as on-time delivery, quality, and cost.
● Build and maintain strong, long-term relationships with key suppliers.
· Component Specific Expertise:
● Develop in-depth technical knowledge of HV & LV cables (understanding of voltage ratings, current carrying capacity, insulation materials, shielding, etc.).
● Understand the functionality and safety aspects of PRCDs for EV charging applications.
● Familiarity with the design, operation, and security features of electronic handlebar locks.
● Knowledge of various types of horns and their acoustic properties.
● Understanding of venting requirements for battery packs and other EV components.
· Market Intelligence:
● Stay updated on industry trends, technological advancements, and regulatory changes related to EV auto-electrical components.
Gather market intelligence on raw material prices, supplier capacities, and competitive landscapes.
Work Experience
4-8 years of experience in vendor development, strategic sourcing, or procurement, with a significant focus on auto-electrical components, preferably within the automotive or EV industry.
Technical Skills:
● Strong understanding of auto-electrical systems and components, especially for EV applications.
● Knowledge of manufacturing processes relevant to electrical components (e.g., wire harnessing, injection molding, PCB assembly).
● Familiarity with quality standards and certifications (e.g., IATF 16949, ISO 9001).
● Proficiency in using ERP systems (e.g., SAP, Oracle) and procurement software.
Soft Skills:
● Excellent negotiation and communication (written and verbal) skills.
● Strong analytical and problem-solving abilities.
● Proven ability to build and maintain strong relationships.
● Detail-oriented with strong organizational skills.
● Ability to work independently and as part of a team in a fast-paced environment.
● Proactive, results-oriented, and a self-starter.
Desired Attributes:
● Experience working with EV OEMs or Tier 1 suppliers.
Demonstrated ability to achieve
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