Sourcing Engineer

Posted 13 Days Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Junior
Other
The Role
Manage end-to-end RFQ/RFP sourcing events for indirect goods/services, negotiate supplier terms, onboard suppliers, support technical validation, monitor supplier quality and performance, and align sourcing with cost, service, and compliance objectives.
Summary Generated by Built In

Role Summary:

The Sourcing Engineer is responsible for running the sourcing events for indirect goods and/or services as requested by the specific function, BU or Site as defined by the system workflows.   
The overall focus of the role is to manage the complete RFQ/RFP process and to select the most appropriate supplier for the intended scope of work based on Safety, Quality, Delivery & Cost parameters as appropriate and aligned with the global indirect category strategy.   

Responsibilities:  

  • Execute the sourcing events on behalf of the Function/BU/Site as defined by the system workflows in a timely manner. 

  • Negotiate with suppliers to obtain the best value offering for Flowserve with respect to the scope of work and Function/BU/Site needs; balancing Quality, Delivery, Cost and Service. 

  • Comply with the sourcing strategy as set forth by the site; including focusing spend on Partner & Preferred suppliers. 

  • Create and expedite any new supplier requests / supplier changes as required to support the Function or BU operations. 

  • Identify any specific supply/supplier risks as it pertains to the managed scope and elevate them through the appropriate process/hierarchy. 

  • Operate in full compliance to all Flowserve Policies & Procedures as applicable to the role. 

  • Supplier Identification & Selection: Identify, audit, and onboard new suppliers to meet technical specifications and cost targets.

  • RFQ & Negotiation: Execute RFQ processes, cost modeling, and negotiate terms to achieve cost reduction targets (VA/VE).

  • Technical Support: Partner with R&D or engineering to validate components, approve suppliers, and resolve technical supplier issues.

  • Supply Chain Optimization: Supplier performance to reduce risk and enhance efficiency.

  • Quality Compliance: Monitor supplier quality performance and ensure compliance with regulatory standards.

Main objectives:

  • Cost Reduction 
  • Service Level 
  • Sourcing Guide Compliance 
  • Commercial Terms Compliance 

Requirements: 

  • Bachelor’s degree in engineering

  • 1+ years of Sourcing experience and Engineering, or a related field preferred

  • Strong interpersonal relationship management   

  • Evidenced understanding of both commercial and technical areas of supply chain        

  • Very strong commercial acumen and negotiation skills  

  • Proficiency in Project Management  

  • Strong analytical skills which involve collecting, analyzing and interpreting data  

  • Ability to influence, communicate, and collaborate at all organizational levels  

  • Expertise with MS Outlook, Word, Excel, and PowerPoint  

  • Knowledge of applicable ERPs and associated tools i.e. Oracle  

Skills Required

  • Bachelor's degree in engineering
  • 1+ years of sourcing experience or engineering-related experience
  • Strong interpersonal relationship management
  • Understanding of both commercial and technical areas of supply chain
  • Strong commercial acumen and negotiation skills
  • Proficiency in project management
  • Strong analytical skills (collecting, analyzing, interpreting data)
  • Ability to influence, communicate, and collaborate at all organizational levels
  • Expertise with MS Outlook, Word, Excel, and PowerPoint
  • Knowledge of applicable ERPs and associated tools (e.g., Oracle)

Flowserve Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Flowserve Corporation and has not been reviewed or approved by Flowserve Corporation.

  • Retirement Support Retirement programs are described as strengthened with an enhanced 401(k) match, added employer contributions, and a shorter vesting schedule following recent plan changes. Feedback suggests this compares well with large‑company norms and is a notable part of total rewards.
  • Healthcare Strength Core medical, dental, and vision coverage with HSA/FSA options is described as solid, complemented by life/disability insurance and an EAP. Feedback suggests overall health benefits are comprehensive for a large industrial employer.
  • Equity Value & Accessibility An employee stock purchase plan with a company match makes equity participation accessible and financially attractive. Feedback suggests this feature stands out versus typical offerings and adds meaningful value.

Flowserve Corporation Insights

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The Company
HQ: Irving, TX
11,823 Employees
Year Founded: 1997

What We Do

Flowserve is one of the world's largest manufacturers of pumps, valves and seals with over 19,000 employees in over 60 countries. Built on more than 50 world-renowned heritage brands, the equity and customer loyalty we have earned over the past 220 years is the foundation of our leadership position across the globe.

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