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Senior Sourcing Specialist - SME

8 - 10 years

0 Lacs

Posted:2 weeks ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

Your Job The Subject Matter Expert (SME) - Sourcing is responsible for providing deep domain expertise in sourcing, cost analysis, and supplier negotiations across both Electronics and Mechanical categories. This role is an Individual Contributor position and does not involve direct team supervision. The SME will work closely with internal stakeholders and suppliers to ensure effective RFQ execution, should-cost analysis, and supplier negotiations while effectively managing stakeholder expectations. Our Team Global Quotations and Pricing will be responsible for managing global RFQs, New Product Developments (NPDs), and annual negotiations. Additionally, will oversee pricing governance and lead time management to ensure alignment with business objectives and standards. What You Will Do Strategic Sourcing & Quotation Management: Execute end-to-end RFQ processes for Electronics & Mechanical categories. Lead should-costing exercises and supplier benchmarking for key commodities. Analyze supplier quotes, provide recommendations, and support supplier selection. Work closely with Category Managers to align sourcing strategies with business goals. Identify alternate suppliers and cost-saving opportunities. Facilitate e-Auction events and provide supplier training if required. Stakeholder & Supplier Management: Act as a trusted advisor to internal stakeholders, providing market intelligence and cost insights. Maintain strong supplier relationships to drive competitive pricing and better lead times. Engage with engineering, procurement, and product management teams for seamless RFQ execution. Manage tight stakeholder expectations with data-driven insights and negotiation strategies. Process & Performance Optimization: Ensure accuracy and completeness of quotations, including pricing, lead time, and terms. Track and analyze RFQ response times, cost trends, and supplier performance metrics. Drive process improvements to optimize cycle times and quotation accuracy. Support digital sourcing initiatives using SAP Ariba and other procurement tools. Who You Are (Basic Qualifications) Bachelor's Degree/Diploma in Engineering (Electronics/Mechanical preferred). 8-10 years of experience in sourcing, cost engineering, or supplier management. Hands-on experience with RFQ management in both Electronics & Mechanical categories. Expertise in supplier negotiations and cost breakdown analysis What Will Put You Ahead Experience working in a contract manufacturing environment. Prior exposure to Should Costing methodologies. Knowledge of SAP Ariba, QuoteWin, or similar sourcing tools At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy. Who We Are {Insert company language from Company Boilerplate Language Guide} At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company. Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results. Show more Show less

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