Overview
Sourcing Engineer Jobs in Bengaluru, Karnataka, India at Ola Electric
Title: Sourcing Engineer
Company: Ola Electric
Location: Bengaluru, Karnataka, India
Will be responsible for sourcing, cost optimization, supplier development, and supply assurance of plastic and rubber components used in two-wheeler vehicles. The role focuses on ensuring quality, cost competitiveness, timely delivery, and supplier sustainability while supporting new model development and localization initiatives.
Key Responsibilities
1. Strategic & Operational Procurement
- Manage end-to-end procurement of plastic and rubber parts (injection molded parts, blow molded parts, rubber hoses, seals, grommets, mounts, etc.).
- Execute sourcing strategies aligned with cost, quality, delivery, and risk objectives.
- Finalize suppliers through RFQ/RFP processes, commercial negotiations, and technical evaluations.
- Ensure adherence to procurement policies, SOPs, and ethical standards.
2. Supplier Management & Development
- Identify, evaluate, and onboard new suppliers to support capacity, localization, and technology needs.
- Drive supplier performance management (QCDDM – Quality, Cost, Delivery, Development, Management).
- Conduct supplier audits, capacity assessments, and improvement programs.
- Develop long-term partnerships with key plastic and rubber vendors.
3. Cost Management & Value Engineering
- Lead cost reduction initiatives including VA/VE, localization, alternate sourcing, and design-to-cost activities.
- Analyze tooling costs, raw material trends (PP, ABS, Nylon, EPDM, NBR, etc.), and conversion costs.
- Support annual cost-down targets and productivity improvement plans.
4. New Product Development (NPD) Support
- Work closely with R&D, Quality, and Manufacturing teams during new model and variant development.
- Coordinate part development, supplier nomination, APQP, PPAP, and tooling timelines.
- Ensure on-time availability of parts for trials, pilot builds, and SOP.
5. Quality & Compliance
- Ensure suppliers comply with OEM quality standards, IATF/ISO requirements, and regulatory norms.
- Support resolution of supplier quality issues through structured root cause analysis and corrective actions.
- Monitor warranty feedback and field issues related to plastic and rubber parts.
6. Inventory & Supply Assurance
- Coordinate with planning teams to ensure uninterrupted supply and optimal inventory levels.
- Manage risks related to single-source suppliers, capacity constraints, and logistics disruptions.
- Support localization and dual-sourcing strategies to improve supply resilience.
Key Interfaces
- Internal: R&D, Quality, Manufacturing, PPC, Finance, SCM.
- External: Plastic & rubber part suppliers, toolmakers, logistics partners
