Manager - Strategic Sourcing

River is an electric vehicle company specializing in building multi-utility scooters. Our mission at River is to create the scooters of tomorrow for the ambitious youth of today. We firmly believe that individuals require two essential elements to attain success: the aspiration to reach the pinnacle and the means to facilitate the journey. Our flagship product, River Indie, dubbed as the SUVofScooters, is meticulously crafted to assist you in accomplishing your tasks efficiently. With the support of renowned international investors such as Yamaha Motors, Al-Futtaim Automotive Group, Toyota VC, and Maniv Mobility, we are committed to revolutionizing the mobility industry. Key Responsibilities: - Identify and develop vendors for the procurement of various parts including Brakes, Suspension, Bearings, Transmission, Seals, Locks, and Mirrors. - Create RFX, conduct cost estimations, evaluate commercial proposals, negotiate contracts, award businesses, and release purchase orders to selected vendors. - Drive cost optimization initiatives through localization, value analysis, benchmarking, and resourcing in alignment with business requirements. - Establish supply agreements with vendors to ensure a consistent path for future transactions. - Implement pricing mechanisms with vendors for commodity indexing and forex management. - Analyze and address claims raised by vendors while maintaining provisions for financial planning. - Collaborate with stakeholders to align with the organization's priorities. - Formulate strategies to resolve complex problems and conflicts positively. - Effectively communicate project status to cross-functional teams to ensure timely achievement of project milestones within the defined budget. - Foster innovation, integration of new technologies, quality initiatives, and change management for continuous product improvement. - Develop and implement inventory management strategies to optimize stock levels of parts. - Monitor and maintain accurate inventory records to align with production requirements and minimize excess or obsolete stock. Ideal Candidate: - Bachelor's or Master's degree in Engineering or Supply Chain Management preferred. - Possess 8+ years of robust experience in mechanical commodity management, preferably in the 2-Wheeler Automotive sector. - Demonstrated extensive experience in engaging with strategic suppliers and adept at managing relationships. - Strong communication and interpersonal skills. - Excellent leadership and people management abilities. - Proficient in managing diverse cross-functional team members.,