Sourcer and Buyer (Mechanical & Electrical Commodities)

Job Description: Sourcer and Buyer (Mechanical & Electrical Commodities)

Job Title:

Department:

Location:Pune

Reports To:

Key Responsibilities

Sourcing:

• Market Research & Analysis:

  Conduct comprehensive market research to identify potential suppliers for mechanical and electrical components, raw materials, and finished goods. Analyze market trends, supplier capabilities, and industry benchmarks.

• Supplier Identification & Qualification:

  Proactively identify, evaluate, and qualify new suppliers based on technical capabilities, quality standards, cost-effectiveness, delivery performance, and ethical practices.

• RFx Management:

  Develop and manage Request for Information (RFI), Request for Proposal (RFP), and Request for Quotation (RFQ) processes. Analyze bids, conduct cost analysis, and recommend optimal sourcing solutions.

• Negotiation Strategy:

  Develop and execute negotiation strategies to secure favorable terms, pricing, and contracts with suppliers, focusing on total cost of ownership (TCO).

• Relationship Management:

  Build and maintain strong, collaborative relationships with key suppliers and internal stakeholders (Engineering, Production, Quality).

• Risk Management:

  Identify and mitigate supply chain risks related to commodity sourcing, including single-source dependencies, geopolitical factors, and material shortages.

Buying/Purchasing:

• Purchase Order Management:

  Create, issue, and manage purchase orders (POs) within SAP for mechanical and electrical commodities, ensuring accuracy and adherence to company policies.

• SAP Utilization:

  Expertly utilize SAP (MM module preferred) for all procurement activities, including master data management, PO creation, goods receipt, invoice verification, and reporting.

• Demand Planning & Inventory:

  Collaborate with planning and production teams to understand material requirements, optimize inventory levels, and ensure timely material availability.

• Expediting & Follow-up:

  Proactively monitor supplier performance, expedite orders when necessary, and resolve any issues related to delivery, quality, or invoicing.

• Contract Management:

  Assist in the development, negotiation, and management of supplier contracts, ensuring compliance with legal and company requirements.

• Cost Savings Initiatives:

  Continuously identify and implement cost-saving opportunities without compromising quality or delivery.

• Reporting & Analytics:

  Generate regular reports on purchasing activities, supplier performance, cost savings, and other key procurement metrics using SAP data.

Qualifications

• Education:

  Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field.

• Experience:

  5+ years of progressive experience in sourcing and purchasing roles, with a strong focus on mechanical and electrical commodities within a manufacturing or industrial environment.

• SAP Proficiency:

  Mandatory and demonstrated expert-level proficiency with SAP MM (Materials Management) module.

  Experience with other SAP modules (e.g., PP, QM, FI) is a plus.

• Commodity Knowledge:

  In-depth knowledge of mechanical components (e.g., bearings, fasteners, motors, pumps, machined parts) and electrical components (e.g., sensors, cables, connectors, PCBs, control panels).

• Negotiation Skills:

  Proven strong negotiation and contract management skills.

• Analytical Skills:

  Excellent analytical, problem-solving, and decision-making abilities.

• Communication:

  Strong written and verbal communication skills, with the ability to effectively interact with internal and external stakeholders at all levels.