Strategic Sourcing Manager

About The Role

Key Responsibilities

• Offering support for presales with competitive costs for Magnetics / Buyout/Battery
• Experience and proven track record of commodity handling for Magnetics, Buyout, Battery.
• Experience min 8-10 years in similar field.
• Exposure about India landscape and Suppliers footprint in Electrical Commodity.
• Preferably work in a project-based business environment.
• Preferably work under High mix low volume business environment.
• Global mindset with strong local knowledge.
• Conduct market research and analysis to identify and qualify potential suppliers.
• Develop and implement competitive sourcing strategies, benchmarking, including e-sourcing ,e-RFQs, negotiations, and contract awards.
• Identify and evaluate new technologies and suppliers to ensure a competitive advantage.
• Supplier Relationship Management.
• Build and maintain strong relationships with key suppliers....
• Cost Management.
• Identify and implement cost-reduction initiatives, such as value engineering and supplier consolidation, Resourcing.
• Track and analyze commodity prices and market trends.
• Collaborate with cross-functional teams (e.g., Product , engineering, operations, logistics) to optimize the supply chain.
• Identify and implement process improvements to enhance efficiency and reduce costs..
• Integrate sustainability considerations into all sourcing decisions.
• Work with suppliers to promote responsible sourcing practices and reduce environmental impact.
• Data Analysis and Reporting.
• Track and analyze key performance indicators (KPIs), such as cost, quality, and delivery etc.
• Prepare regular reports on sourcing activities and performance.
  

Qualifications

• Bachelor's degree in Supply Chain Management, Engineering, Business, or related field.
• 10+ years of experience in commodity management, procurement or related field.
• Proven experience in sourcing and managing Electrical components.
• Strong understanding of Material/ Metal technologies and market trends.
• Excellent negotiation and communication skills.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and other data analysis tools.
• Experience with ERP systems (e.g., SAP, Oracle) preferred.
• Experience in a fast-paced, high-growth environment preferred.
  

Skills

• Strategic Sourcing
• Supplier Negotiation
• Contract Management
• Market Analysis
• Cost Reduction
• Supply Chain Optimization
• Data Analysis
• Communication & Collaboration
• Project Management
  

About The Team