Manager Sourcing

Duties & Responsibilities:1. Strategic Sourcing & Procurement

• Source and procure key raw materials and components.
• Float RFQs and conduct comparative evaluations to ensure best value procurement.
• Align sourcing plans with production requirements and ensure zero disruption in material availability.

2. Supplier Identification & Development

• Identify, audit, and qualify new suppliers (domestic & international) for existing and new product lines.
• Maintain a robust and diversified supplier base to mitigate risks.
• Collaborate with R&D and QA for supplier validation, sampling, and approval.

3. Negotiation & Cost Management

• Lead commercial negotiations for favorable pricing, delivery, and payment terms.
• Benchmark prices regularly and ensure competitiveness.
• Identify cost-saving opportunities through vendor consolidation, localization, and process optimization.

4. Vendor Performance & Relationship Management

• Monitor and evaluate supplier performance on cost, quality, delivery (OTD), and responsiveness.
• Conduct regular vendor review meetings and resolve supply or quality issues promptly.
• Build long-term, strategic relationships with key vendors.

5. Documentation & ERP Compliance

• Maintain accurate and updated procurement records, POs, agreements, and certifications.
• Ensure proper ERP entries and approvals (SAP/MM or equivalent systems).
• Track purchase order status, GRNs, and pending deliveries through ERP dashboards.

6. Coordination & Cross-Functional Alignment

• Work closely with production planning, stores, design, and QA teams to align sourcing with operational needs.
• Ensure timely escalation and communication of supply constraints.
• Support NPD and prototyping teams with sourcing of custom components and samples.

7. Compliance & Risk Mitigation

• Ensure supplier compliance with ISO standards, RoHS, REACH, and statutory norms.
• Monitor market trends, geopolitical risks, and price fluctuations affecting material sourcing.
• Develop alternate sourcing strategies to handle unforeseen disruptions.

Skills and Competencies:1. Vendor Development & Negotiation

• Strong expertise in evaluating vendors, negotiating effectively, and building long-term partnerships.

2. Technical Procurement Knowledge

• Ability to read engineering drawings and understand material specifications related to electrical and mechanical components.

3. Market Awareness

• In-depth knowledge of market dynamics for industrial raw materials, including cost drivers, trends, and availability.

4. ERP & Documentation

• Proficiency in ERP platforms like SAP, Oracle, or similar for procurement tracking and reporting.

5. Communication & Collaboration

• Excellent communication and coordination skills to work with internal stakeholders and external suppliers.

Qualifications and Experience:

• Educational Qualification:

B.E. / B.Tech in Mechanical

• Experience:
• 12 -16 years of experience in sourcing/procurement, preferably in a transformer or heavy electrical component manufacturing industry
• Proven experience in handling technical procurement, cost negotiations, and supplier development

Job Types: Full-time, Permanent

Pay: ₹1,092,000.00 - ₹1,788,000.00 per month

Work Location: In person