Buying Analyst

About the role

Job Summary

The Strategic Sourcing / Procurement Specialist supports sourcing, localization, supplier management, commercial negotiations, and cost optimization activities for Cummins products. The role is responsible for analyzing supplier quotations, conducting should-cost and benchmarking analysis, developing sourcing strategies, managing supplier agreements, and identifying cost reduction opportunities while ensuring quality, delivery, compliance, and long-term supplier relationships.

Key Responsibilities

• Manage supplier agreements, including Non-Disclosure Agreements (NDAs), purchasing agreements, and other commercial contracts.

• Lead sourcing and localization programs, ensuring timely execution and achievement of project milestones.

• Develop and evaluate should-cost models for castings, forgings, machined components, sheet metal, brake components, and proprietary parts.

• Prepare and evaluate tooling cost estimates for new product development and localization projects.

• Conduct raw material cost trend analysis, RM indexing, price benchmarking, and commercial analysis to support supplier negotiations.

• Lead commercial negotiations with suppliers and drive successful cost settlements while maintaining strong supplier relationships.

• Prepare and issue RFQs and evaluate supplier quotations using Total Cost of Ownership (TCO) and technical-commercial analysis.

• Analyze and benchmark BOM costs for complete vehicles, aggregates, and sub-systems to identify cost optimization opportunities.

• Identify and implement Value Analysis/Value Engineering (VA/VE) and cost reduction initiatives across commodities.

• Develop sourcing strategies, assess supplier capabilities, and support supplier selection and development.

• Monitor manufacturing technologies, cost drivers, market trends, and industry developments across commodities such as gears, castings, forgings, sheet metal, brake components, bearings, rubber, and seals.

• Manage procurement transactions and reporting using ERP systems such as SAP MM, JD Edwards, or Oracle .

• Ensure compliance with procurement policies, procedures, ethical sourcing practices, and applicable commercial requirements.

• Collaborate with Engineering, Quality, Manufacturing, Finance, Supply Chain, and Program Management teams to achieve sourcing and project objectives.

• Analyze sourcing data and market intelligence to identify process improvement and cost reduction opportunities.

• Maintain appropriate supplier, legal, and compliance documentation in applicable systems.

• Support supplier onboarding, vendor management, and procurement process improvement initiatives.

Qualifications

• Bachelor's degree in Engineering, Supply Chain Management, Procurement, Business Administration, or a related field.

• A degree or specialization in Supply Chain, Procurement, Manufacturing, or related discipline is preferred.

• Additional qualifications in strategic sourcing, cost engineering, or supply chain management will be an advantage.

Skills & Experience

• Relevant experience in strategic sourcing, procurement, commodity management, cost engineering, or supplier management .

• Hands-on experience in should-cost analysis and cost estimation for manufacturing processes such as castings, forgings, machining, sheet metal, brake components, or proprietary parts.

• Strong understanding of manufacturing processes, tooling costs, raw material cost drivers, and supplier economics.

• Experience in RFQ management, supplier quotation analysis, cost benchmarking, and commercial negotiations.

• Knowledge of VA/VE, cost reduction, localization, and sourcing strategy development .

• Working knowledge of SAP MM, JD Edwards, Oracle , or similar ERP/procurement systems.

• Strong analytical and data interpretation skills with the ability to use cost and market data for business decisions.

• Understanding of Total Cost of Ownership (TCO) principles and supplier evaluation methodologies.

• Strong financial acumen and understanding of procurement cost structures.

• Excellent negotiation, communication, stakeholder management, and conflict-resolution skills.

• Ability to build effective relationships with suppliers and cross-functional teams.

• Strong project/program management skills with the ability to manage multiple priorities and deliver against timelines.

• High level of integrity and understanding of procurement ethics, policies, and compliance requirements.

Ability to work effectively in a global, cross-functional environment and adapt to changing business requirements.

Job Purchasing

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2434410

Relocation Package Yes

100% On-Site No