Capgrid - Senior Executive/Assistant Manager/Deputy Manager/ Manager - Sourcing/Vendor Development (

Department: CFM – Casting, Forging & Machining
Location: Gurugram
Experience: 5+ Years
Industry: Automotive (Tier-I Supplier / OEM Experience Mandatory)
Notice Period: Immediate to 30 Days

Company Overview:
\n CapGrid is a technology-driven manufacturing solutions company specializing in end-to-end sourcing, supplier management, and quality assurance for the automotive and industrial sectors. Leveraging a robust supplier network and digital platforms, CapGrid optimizes procurement efficiency and ensures high-quality component delivery to leading OEMs and Tier-I manufacturers.

We are looking for a result-oriented professional to join our Casting, Forging & Machining (CFM) sourcing team. The ideal candidate will have extensive experience in machined component sourcing, vendor development, and costing , preferably within the automotive industry .

This role requires strong technical acumen in machining processes, supplier management, and cost optimization to ensure seamless supply chain performance and value creation.

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  Lead sourcing and vendor development for machined components within the CFM category.

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  Evaluate, identify, and onboard new vendors to meet quality, cost, and delivery targets.

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  Perform cost analysis, should-cost estimation, and cost benchmarking for machined and forged components.

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  Negotiate commercial terms, lead times, and pricing with suppliers to achieve procurement savings.

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  Collaborate with design, quality, and production teams to ensure technical feasibility and supplier alignment.

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  Conduct supplier audits and drive continuous improvement in performance and capability.

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  Monitor supplier KPIs related to cost, quality, and delivery performance.

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  Ensure timely development and sourcing of new components for ongoing and upcoming projects.

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  Bachelor's Degree in Mechanical / Production Engineering or related field.

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  Minimum 5 years of experience in sourcing/vendor development within the automotive sector .

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  Strong knowledge of machining, casting, and forging processes .

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  Excellent skills in costing, negotiation, and supplier management .

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  Proficiency in MS Excel, ERP systems , and cost estimation tools.

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  Strong interpersonal, analytical, and problem-solving abilities

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