Lead - Sourcing

Role Overview: As a Strategic Sourcing Manager, your main responsibility will be to drive Strategic Sourcing Excellence and deliver sustainable value. You will be involved in developing Strategic Planning, Annual Planning, and Cost Reduction Programs aligned with different Business verticals like Mainline, Premium, SMART, etc. Additionally, you will define and develop sourcing strategies for the Products Portfolio category. Your role will also include Vendor Relationship Management, People Management, Market intelligence analysis, Digitization and Digitalisation Initiatives, Compliance Management, Risk Management, Cost structure analysis, Bench Marking, Product Life cycle Management, Inventory Management, and the creation of an Analytics Cell within the Sourcing function. Key Responsibilities: - Develop Strategic Planning, Annual Planning, and Cost Reduction Programs aligned with different Business verticals - Define and Develop sourcing strategy for the Products Portfolio category - Manage Vendor Relationships and People, including Competency building, Succession Planning, Training intervention, and R&R Program - Conduct Market intelligence analysis and Supply Market insights & Analysis - Drive Digitization and Digitalisation Initiatives within the Sourcing function - Ensure Compliance Management - Identify risks through Key Risk indicators and develop mitigation plans - Perform Cost structure analysis, Bench Marking, and provide clarity on Design Quality Std. Cost - Manage Product Life cycle and Inventory - Establish and oversee an Analytics Cell within the Sourcing function Qualifications Required: - Education: Engineering with 14 to 17 years of experience or Engineering & Postgraduate in Supply chain Management or Operations with 10 to 13 years of experience - Experience in Production, Procurement, Product Management, and Quality with a dominant experience in Sourcing or Direct components Procurement - Knowledge of Supply chain value chain, Procurement best practices, processes, and Technologies, Demand & Delivery Planning Process, New Product Development Process, Product / Category knowledge, Market intelligence, Contract Management, Legal, Statutory and corporate governance, Product Cost / Commercial aspects, SAP / ERP, Analytics / BI, Performance Metrics, Risk Assessment, Bench marking, Inventory Management, Technology & Innovation.,