Vendor Manager/ Sourcing Manager

As a Sourcing Manager for electrical parts and bought-out assemblies, you will be responsible for developing and executing sourcing strategies to ensure the availability of quality components while maintaining cost-effectiveness. Your role will involve identifying and qualifying new suppliers, driving supplier development, and leading cost optimization initiatives through negotiations and benchmarking. Building strong relationships with key suppliers and monitoring their performance will be crucial in ensuring supplier reliability and component quality. Collaboration with engineering, quality, and production teams will be essential for making informed sourcing decisions, localizing components, and finalizing Bill of Materials (BOM). You will need to stay updated on market trends, raw material prices, and technological advancements to adapt sourcing strategies accordingly. Adherence to internal procurement policies, quality management systems, and coordination with planning teams for managing lead times and demand forecasting will also be part of your responsibilities. Your background should include a Master's/Bachelor's degree in Electrical Engineering, Electronics, or a related technical discipline, along with 5-8 years of experience in sourcing, procurement, or supply chain roles focusing on electrical and bought-out parts. Strong negotiation skills, analytical abilities, and a solid understanding of electrical components and technical specifications are essential. Proficiency in MS Office, ERP systems, and knowledge of global sourcing practices and import/export regulations are required. Excellent interpersonal, communication, and supplier relationship management skills will be key to your success in this role. In addition to overseeing vendor qualification, tooling approval processes, and initial sampling for new components, you will be responsible for negotiating commercial terms, managing contracts, and identifying sourcing risks to ensure business continuity. The role is full-time with benefits including health insurance and Provident Fund. The work location is in person with a day shift schedule. If you believe you meet the qualifications and are interested in this opportunity, please contact 9310699721 to further discuss your application.,