Consultant - Sourcing & Procurement - Automotive Segment - Global Consulting Firm - Contractual

To support on this initiative they are seeking a Sourcing & Procurement Consultant with prior cost optimisation experience in the Automotive industry

Key Responsibilities:

- Lead cost reduction initiatives across procurement, sourcing, and supply chain management in the automotive industry

- Analyse product design, raw material costs, and manufacturing processes to identify cost-saving opportunities

- Work closely with suppliers, procurement teams, and engineering departments to implement cost-effective solutions

- Conduct benchmarking studies to compare cost structures with industry standards

- Develop and implement enterprise cost transformation strategies tailored to automotive manufacturing and supply chain

- Collaborate with cross-functional teams to drive cost optimisation without compromising quality and performance

- Utilise data analytics, value engineering, and lean methodologies to optimise cost structures

- Report progress and insights to senior stakeholders and business leaders

Qualifications & Skills:

- Bachelor's/Master's degree in Engineering (mandatory)

- 5 to 10 years of experience with strong expertise in cost reduction, sourcing, and enterprise cost transformation within the automotive sector

- Experience with value engineering, and cost benchmarking

- Proficiency in cost modeling, should-cost analysis, and procurement strategies

- Familiarity with lean manufacturing, six-sigma, and process optimisation

- Strong analytical and problem-solving skills, with a data-driven approach

Preferred Background:

Candidates from the following organisations will be given preference:

- Consulting Firms

- Automotive OEMs & Tier 1 Suppliers

This opportunity will be on a 06-month contract and the selected consultant will be required to relocate to Chennai for the entire duration of the project