Posted:3 days ago|
Platform:
On-site
Full Time
We are looking for an experienced and strategic Sourcing Manager in electrical and bought-out components sourcing within the electronics / electronic products industry. The ideal candidate will have deep expertise in supplier development, cost negotiations, and procurement strategies, ensuring a reliable supply base while meeting cost, quality, and delivery targets.
Responsibilities:
- Develop and execute sourcing strategies for electrical parts (connectors, wires, relays,
switches, motors, etc.) and bought-out assemblies.
- Identify and qualify new suppliers based on capability, capacity, quality, and cost-effectiveness. Drive supplier development and performance improvements.
- Lead cost benchmarking, negotiations, and cost reduction initiatives while ensuring component quality and supplier reliability.
- Build strong, collaborative relationships with key suppliers. Monitor supplier performance using KPIs (OTD, quality, responsiveness).
- Negotiate commercial terms and manage contracts, pricing agreements, and service-level agreements.
- Identify sourcing risks and develop contingency plans to ensure business continuity.
- Work with engineering, quality, and production teams for sourcing decisions, component localization, and BOM finalization.
- Stay updated on market trends, raw material price fluctuations, and technology changes to make informed sourcing decisions.
- Ensure adherence to internal procurement policies and quality management systems (ISO/QMS).
- Coordinate with planning teams to manage lead times, safety stocks, and demand forecasting.
- Oversee initial sampling, vendor qualification, and tooling approval processes for new sourced components.
Requirements:
- Master's/Bachelor's degree in Electrical Engineering, Electronics, or a related technical discipline.
- 5-8 years of experience in sourcing, procurement, or supply chain roles, specifically in electrical and bought-out parts.
- Strong negotiation and analytical skills with a track record of supplier cost optimization.
- Solid understanding of electrical components, specifications, and technical drawings.
- Excellent interpersonal, communication, and supplier relationship management skills.
- Proficiency in MS Office and ERP systems. Experience in electronics, EMS, or capital equipment manufacturing sectors.
- Knowledge of global sourcing and import/export regulations.
Contact - 9310699721
Job Type: Full-time
Pay: ₹30,000.00 - ₹50,000.00 per month
Benefits:
Schedule:
Work Location: In person
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3.6 - 6.0 Lacs P.A.
3.6 - 6.0 Lacs P.A.