HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG and Public Services. Consolidated revenues as of 12 months ending June 2025 totaled $14 billion. To learn how we can supercharge progress for you, visit hcltech.com. Job Summary In this role, you will be responsible for overseeing the functions related to Component Cost Estimation, Supplier Collaboration and Negotiation, Supplier Development & Management. You will play a key role in driving cost estimation, collaborating with suppliers, and managing supplier relationships to ensure the success of design projects. Key Responsibilities 1. Analysis and estimation of component costs for new product designs to ensure cost-effective solutions. 2. Collaborate with suppliers to negotiate pricing, contracts, and terms to achieve competitive pricing and quality materials. 3. Develop and implement strategies for supplier development and management to strengthen partnerships and improve supply chain efficiency. 4. Manage the relationship with suppliers, addressing any issues, and ensuring timely delivery of components for design projects. Skill Requirements 1. Experince in component cost estimation methodologies, tools, and techniques. 2. Negotiation skills and the ability to collaborate effectively with suppliers to achieve mutually beneficial outcomes. 3. Experience in supplier development & management practices to optimize supplier performance and reliability. 4. Excellent communication and interpersonal skills to build and maintain strong relationships with suppliers and internal stakeholders.