Strategic Sourcing Analyst

10 - 20 years

15 - 22 Lacs

Posted:None| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

Responsibilities:

  • Develop commodity strategies aligned with business objectives.
  • Monitor global market trends, supply-demand dynamics, and geopolitical factors.
  • Mitigate risks related to commodity price fluctuations.
  • Identify and develop new suppliers in collaboration with cross-functional teams.
  • Optimize the supplier base to enhance efficiency and quality.
  • Conduct RFQs for NPI (New Product Introduction) projects.
  • Negotiate master purchasing contracts, quality assurance agreements, non-disclosure agreements, consignment contracts, etc., with suppliers.
  • Drive cost reduction initiatives through comprehensive cost analysis, market data evaluation, and negotiation.
  • Collaborate with engineering teams to lead Value Analysis/Value Engineering (VA/VE) projects.
  • Coordinate cross-functional efforts to achieve project KPIs, including savings, lead time reduction, minimum order quantity optimization, dual sourcing, and localization.
  • Lead quarterly supplier scorecard reviews to improve supplier performance in quality, delivery, and cost.
  • Identify risks, opportunities, and underperforming suppliers; implement corrective actions to mitigate risks and ensure continuous improvement.
  • Perform tactical work in SAP.
  • Collaborate with plant teams as necessary.

Education, Technical Qualification & Experience:

  • Bachelor's degree or above in a relevant field
  • Fluent in spoken and written English
  • 10+ years of sourcing experience in the machining field, familiar with PCB/PCBA, cable, and electronics commodities.
  • 5 years of experience working in a global/regional commodity role in a multinational company.
  • An engineering background is advantageous.
  • Proficiency in office software; Familiarity with SAP

Preferred candidate profile

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