Manager - Sourcing

Job Description

The Sourcing Manager will be primarily responsible for developing new and potential vendors, along with streamlining the existing ones. He/she will also be responsible for driving DFM changes to drive down cost and lead times.

 Drive and execute Annual and Strategic Plan with supporting strategies

 Lead DFM opportunities with suppliers along with Engineering and Process functions

 Manage Category and Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends

 Ensure Relationship development and management with key Supplier Leaderships

 Align with Product management, R&D, Operations, Finance and Quality and other departments

 Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes

 Ensure Relationship development and management with key Supplier Leaderships

 Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes by maintaining Supplier Scorecards

 Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity

 Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions.

 Manage fixed assets capital procurement by establishing sustainable vendor base and develop a strong and robust Capital equipment’s expenditure process.

 Manage Annual spend worth 150 cr INR by creating a sustainable vendor base.

 Should have developed alternate OEM during the tenure as Sourcing Lead.

 Should have completed cost reduction projects to the tune 10-15% of spend YOY.

SKILLS & QUALIFICATIONS

 8-12 years of experience in Strategic Sourcing and Procurement Roles

 Degree in an Engineering discipline

 Post graduation / MBA / CPIM/CSCP / CPSM would be added advantage

 Six Sigma Black Green/Belt certification - Plus

Skills