Strategic Sourcing Specialist

As a Sourcing Engineer at Tata Electronics Pvt. Ltd., you will play a crucial role in end-to-end supplier management, strategic sourcing, and cost optimization to ensure the uninterrupted supply of quality parts aligned with organizational goals. Your responsibilities will include: - Identifying and evaluating potential suppliers based on quality, price, and feasibility. Collaborating with suppliers to ensure their development meets established standards. - Developing and implementing sourcing strategies to reduce expenses, lead times, and inventory levels in line with the organization's vision. - Identifying vendors for new product development, analyzing feasibility, and negotiating costs effectively. - Driving total cost solutions across the complete supply chain. - Ensuring timely supply of parts to meet customer requirements and working closely with suppliers to improve delivery performance. - Procuring parts from import and domestic suppliers in accordance with sourcing strategies. - Conducting frequent business and performance reviews with suppliers to drive continual improvement in KPIs such as on-time delivery, inventory levels, and cost savings. - Managing functional master data in SAP, including cost records, safety stock levels, forecasts, minimum order quantities (MOQs), and lead times to ensure smooth business processes. - Collaborating with the logistics department to ensure timely and damage-free delivery of products. In addition, you should possess the following essential attributes: - Working knowledge in SAP (SD & MM modules preferred) - Proficiency in Microsoft Office - Strong organizational skills with attention to detail - Ability to prioritize workload effectively - Strong customer service orientation with a sense of urgency - Excellent follow-up skills - Excellent written and verbal communication skills - Strong analytical skills - Good negotiation skills Qualifications: - Bachelor's degree in engineering Desired Experience Level: - 4 to 8 years of experience in Sourcing & Supply Chain,