Strategic Sourcing Manager

The Manager Strategic Sourcing at ACG Group (Boughtouts sub-department) will play a key role in driving sourcing strategy, cost reduction initiatives, de-risking through alternate source developments, commercial settlements, vendor assessment, and driving digital initiatives. The role involves managing vendor evaluation, inventory management, spend analysis, and identifying cost reduction opportunities. Primary responsibilities include developing and implementing sourcing strategies, managing boughtouts budget, ensuring business continuity, inventory management, and compliance with business rules. The Manager will be responsible for spend analysis, vendor evaluation, scanning the market for suppliers, and managing new and existing products suitable for the company's requirements. Key Result Areas for the role include driving cost reduction, identifying cost savings avenues, de-risking through alternate source developments, and vendor assessment. The Manager will be required to lead cross-functional teams for various projects, negotiate commercial settlements, and drive digital initiatives such as sourcing analytics and online auctions. Desired competencies for this role include ACG product knowledge, purchase planning, strategic thinking, technical knowledge in boughtouts, vendor management, and customer focus. The ideal candidate should have a BE in Mechanical or Production with a minimum of 12 years of experience in procurement or sourcing, with at least 5 years in a similar strategic sourcing role in a machine manufacturing company. The Manager should possess awareness of machine components, manufacturers, and applications, experience in handling boughtout parts, knowledge of SAP MM module, and exposure to supplier networks in the industry. Strong decision-making skills, total cost of ownership understanding, and the ability to deliver consistent results are essential for success in this role.,