Requisition ID: 64151
ABOUT WHIRLPOOL CORPORATION
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
The Procurement team identifies researches and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes and evaluate sales, promotional campaigns, and other opportunities to secure reduced prices. Assesses supplier's products to ensure that they comply with specifications and meet the organization's quality standards.
This role in summaryThis role plays a critical role in supporting strategic sourcing decisions, optimizing costs, and ensuring supply chain resilience of electronic components and services, while maintaining quality and compliance standards.
Your responsibilities will include
Market Trends Analysis, pricing, and availability to inform sourcing decisions.
Identifying and evaluating potential suppliers and contract manufacturers.
Sourcing electronic components, materials, and services from suppliers and contract manufacturers (CMs).
Conducting cost analysis and benchmarking to optimize pricing.
Creating and managing requests for quotes (RFQs) from suppliers.
Analyzing and comparing quotes from suppliers to determine best value.
Leading the development and launch of new electronic products
Negotiate with external suppliers to secure the most advantageous terms and track key functional metrics to improve effectiveness of suppliers and accountable for supplier agreements
Identifying and implementing cost-saving initiatives
Providing insights and recommendations to management through data analysis and reporting.
To be good in Data Information management, Financial reporting support from procurement perspective.
Manage Total Cost Of Ownership (BOM, Overall Cost Structure, Quality & logistics)
Analyzing inventory levels and optimizing stock levels.
Identifying and mitigating risks associated with component obsolescence and supply disruptions.
Ensuring compliance with regulatory requirements and company policies.
Working closely with cross-functional teams, including engineering, procurement, and logistics to ensure alignment.
Managing budgets and forecasting demand to ensure effective sourcing strategies
Developing and maintaining relationships with suppliers, PMs, and internal stakeholders.
Ensuring compliance with quality standards and specifications.
Knowledge of shipping, warehousing, Custom Duties and delivery of components and finished goods.
Minimum requirementsEDUCATIONAL QUALIFICATIONS & CERTIFICATIONS
Necessary
B.Tech (Electronics/ Electrical Engg)
EXPERIENCE/PREFERRED INDUSTRY
Necessary
6-10 yrs experience of handling commodities including Electronics
Preferred
Knowledge of Technical and commercial both
Preferred
Home appliance industry/ Automotive Industry/EMS /Suppliers/Manufacturers
Preferred skills and experiencesCommunication skills are a must to deal with global partners and stakeholders.
Ability to quickly build strong rapport and relationships with internal process partners and suppliers
Logical approach towards problem Solving
Strong analytical and and stakeholder management skills
Team working skills
Ability of multitasking and prioritizing activities with strict deadlines
Strong organization, communication and presentation skills
Additional informationGood ability in negotiations techniques, with proven experience
Good knowledge of Microsoft Excel or Google Sheets is required.
SAP knowledge is a plus.
Strong Knowledge of cost headers and factors that impact overall cost.
Should be able to comprehend PCB design & drawings and conclude cost based on the design inputs.
Work on global assignments and exposure with outside India projects
Connect with us and learn more about Whirlpool Corporation
See what it's like to work at Whirlpool by visiting Whirlpool Careers. Additional information about the company can be found on Facebook, Twitter, LinkedIn, Instagram and YouTube.
At Whirlpool Corporation, we value and celebrate diversity. Whirlpool Corporation is committed to equal employment opportunity and prohibits any discrimination on the basis of race or ethnicity, religion, sex, pregnancy, gender expression or identity, sexual orientation, age, physical or mental disability, veteran status, or any other category protected by applicable law.