Arun Prasad

Global Sourcing (Lead Buyer) | Strategic Sourcing, Supplier Development, Cost Reduction | Automotive Manufacturing | Castings, Forgings, Chassis | €120M spend

Role
Global Lead Buyer at Stellantis
Location
Chennai, TN, IN
LinkedIn followers
500 followers

About Arun Prasad

Strategic Sourcing and Purchasing professional with 15+ years of experience in supplier development, negotiation, and cost optimization across automotive manufacturing.Managed castings, forgings, and engineered components, delivering cost reduction through VA/VE, localization, and sourcing strategy. Strong in RFQs, clean-sheet costing, supplier qualification, and cross-functional collaboration.

Experience

  1. Global Lead Buyer

    Stellantis

    Aug 2024 — Present · Chennai, IN

    Lead a €120M annual global purchasing portfolio for casting and forging commodities.• Drive strategic sourcing for 4 European vehicle platforms, managing RFQs, supplier nominations, and industrialization with 50+ global suppliers.• Align Engineering, Quality, Finance, Manufacturing, and Project teams to execute robust sourcing and dual- sourcing strategies.• Proactively manage supplier capacity, EOP risks, and contingency planning to avoid production disruptions.• Implement raw material and energy indexation models to protect margins and improve cost stability.• Oversee PPAP and Run@Rate readiness to ensure smooth industrialization and launch performance.

Education

  • Annamalai University

    PG Diploma, International Business

    2018 — 2019

  • Anna University

    Bachelor of Engineering (B.E.), Automobile Engg

    2006 — 2010

  • SNVS

    High School, Computer Sience

    2004 — 2006

  • Annamalai University

    Postgraduate Degree, International Business

  • Rajalakshmi Engineering College

    Bachelor of Engineering, Automobile/Automotive Mechanics Technology/Technician

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Arun Prasad — Global Lead Buyer at Stellantis in Chennai, TN, IN | Unifers