Sourcing Lead

The position involves creating and implementing a sourcing strategy for MG in India, focusing on developing new parts, resourcing existing parts, localization, VAVE for material cost reduction, managing material inflation/deflation, and supporting the materials team to meet production and inventory control requirements. Responsibilities include developing and deploying a regional commodity strategy, identifying suppliers based on quality, cost, delivery, and inventory control needs, monitoring commodity trends, understanding imports, analyzing cost sheets for each part, building strong supplier relationships, supporting strategic suppliers, negotiating commercial agreements, driving cost reduction projects, conducting VA/VE initiatives, co-owning project monitoring with the SDE, working on capacity improvement and cost reduction, and ensuring adherence to the Eaton Business System and the Eaton Code of Ethics. Qualifications: - Bachelors in Mechanical/Production/Automobile Engineering - 10 to 12 years of experience in sourcing, supplier development, and procurement in an engineering company, preferably in the auto component sector - 3-4 years of hands-on experience in product costing and formulating commercial contracts Skills: - Good understanding of various commodities including auto electric parts, automotive hydraulics and pneumatic parts, wiring harness, stampings, sheet metal parts, outside processes, metals, connectors, plastic and rubber parts, general machined parts, and PCBA - Knowledge of quality systems, project management, incoterms, TCO, vendor development/quality check methodology - Excellent communication skills in English (written and verbal) - Strong relationship-building skills with suppliers and customers (internal and external) - Ability to work effectively in cross-functional teams in a matrix organization structure - Analytical skills and customer focus The successful candidate will play a crucial role in driving sourcing strategy for MG India, ensuring cost efficiency, supplier performance, and compliance with ethical standards and regulatory requirements while fostering a culture of continuous improvement and change.,