Description The Strategic Sourcing Engineer is responsible for aligning engineering and procurement functions to source cost-effective, technically compliant, and high-quality materials and components. This role serves as a critical bridge between design, manufacturing, and the supplier ecosystem to ensure supply chain excellence, innovation, and value engineering. Key Responsibilities ESSENTIAL DUTIES AND RESPONSIBILITIES Technical Sourcing & Cost Analysis Understand engineering drawings, technical specifications, and BOMs to identify sourcing opportunities. Analyze should-cost models and cost drivers for machined parts, castings, windings, fasteners, and motor assemblies. Evaluate alternate materials, manufacturing processes, and suppliers to optimize cost and performance. Supplier Development & Qualification Identify, assess, and onboard new suppliers based on technical capability, quality systems, capacity, and lead times. Collaborate with suppliers on DFM (Design for Manufacturability) and VA/VE initiatives. Conduct supplier audits and ensure compliance with engineering and quality standards. Cross-Functional Collaboration Work with R&D, design, and production teams on NPD/NPI projects to ensure sourcing alignment from early stages. Support localization and indigenization of imported components in line with business strategy. Resolve technical and quality-related supplier issues during production and prototyping phases. Strategic Sourcing Initiatives Develop long-term category strategies for key commodities like copper, stainless steel, castings, bearings, cables, etc. Track commodity price fluctuations and recommend sourcing changes to mitigate risk. Work with global and domestic vendors to ensure competitive sourcing across geographies. Contracting & Negotiations Participate in techno-commercial discussions and contract finalization with vendors. Support legal and procurement teams in drafting vendor agreements and quality clauses. Ensure confidentiality of Intellectual Properties such as designs, technical drawings, specifications, processes, and proprietary technologies and technical documentation management during sourcing. Submersible Pump Industry Knowledge (Preferably) : Having an understanding of submersible pumps and motor components, including castings, Stainless Steel, copper, winding wires, stamping, Fasteners, Bearings, Pump & Motor Casing, machining parts, Seals, plastic parts (seals and gaskets). Skills, Knowledge and Expertise Skills and Abilities . Excellent negotiation, communication, and project management skills. Ability to read and interpret technical drawings (2D/3D CAD, GD&T) Knowledge of manufacturing processes: machining, casting, stamping, molding, winding, etc. Proficient in ERP (SAP / Oracle) and MS Office tools Strong problem-solving and conflict resolution skills. Experience in managing cross-functional teams. Familiarity with APQP, PPAP, and quality systems Education and Experience Education: Bachelor’s degree in mechanical engineering, Electrical Engineering, or related field. 3–7 years of experience in engineering-driven sourcing, ideally in electromechanical equipment, pumps, or automotive components Strong experience in supplier development, cost engineering, and project sourcing #FEIndia About Franklin Electric Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications. More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility. At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on, Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.