Job Description: Commodity Manager – Mechanical HVAC Commodities, Coil, Sheet Metal, piping, Busbar, Heat Sink, Pump, Shell & Tube evaporator, Liquid Cooling.
About the Role:
We are seeking a highly motivated and results-oriented Commodity Manager with minimum 8 – 10 years of experience to join our dynamic procurement team. In this critical role, you will be responsible for eloping and executing sourcing strategies for Localization/ Global Sourcing/ Project Management handling a wide range of Mechanical products Valves, Pumps, Compressors, Heat exchanger coils, piping, HVAC Components, etc. You will play a key role in ensuring the timely and cost-effective procurement of high-quality Mechanical components to support our company's growth and innovation.
Key Responsibilities:
- Sourcing Strategy Development for HVAC Commodities/ Localization/ Global Sourcing/ Project Management
- Experience and proven track record of Direct Commodity handling.
- Experience in China + 1 Localization in India.
- Exposure about India landscape and Suppliers footprint in Mechanical components.
- Hands on experience in supplier identification or supplier base knowledge in India for fabricated components, mechanical parts, valves, tubes, fittings, pumps, piping, Coils, etc.
- Preferably work under project based business environment.
- Preferably work under High mix low volume business environment.
- Experience in working with Indian Suppliers for export.
- Good understanding of UL/ CE/ BIS, etc.
- Ability to communicate globally & stake holders alignment.
- India for global alignment/ Make in India Experience.
- 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 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.
- Monitor supplier performance and address any quality, delivery, or cost-related issues.
- Collaborate with suppliers to drive continuous improvement in quality, cost, and delivery.
- Contract Management.
- Negotiate and manage contracts with suppliers, ensuring compliance with all relevant terms and conditions.
- Monitor contract performance and identify any potential risks or issues.
- Cost Management.
- Identify and implement cost-reduction initiatives, such as value engineering and supplier consolidation, Resourcing.
- Track and analyze commodity prices and market trends.
- Develop and implement strategies to mitigate supply chain risks and ensure cost competitiveness.
- Supply Chain Optimization:
- Collaborate with cross-functional teams (e.g., engineering, operations, logistics) to optimize the supply chain.
- Identify and implement process improvements to enhance efficiency and reduce costs.
- Ensure timely delivery of materials to support production schedules.
- 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 Mechanical/ HVAC 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