Head of Sourcing

6 days ago

New Delhi, India Montra Electric Full time

Role Summary:Head of Sourcing & Development will lead and oversee the complete supplier ecosystem for the electric traction motor & It’s controller sourcing including development. This role will be responsible for developing a robust vendor base, ensuring quality, cost competitiveness, and supply reliability for all business units of Motor & Controllers. The position involves strategic sourcing, supplier relationship management, supply chain risk management , cost optimization, and supplier capability enhancement aligned with business growth and localization goals.Key Responsibilities:1. Strategic Vendor Development- Develop and implement sourcing strategies - Identify, evaluate, and onboard suppliers to ensure availability of quality parts at optimal cost. - Lead cost reduction initiatives to reduce import dependency and total cost of ownership. - Geo political supply chain risk management.2. Supplier Relationship & Performance Management- Establish and maintain long-term strategic supplier relationships. - Conduct regular supplier audits, performance reviews, and capability assessments. - Ensure compliance with quality standards (ISO, TS, IATF, etc.).3. Cost Optimization & Negotiations- Drive cost reduction initiatives through value engineering, process improvements, and supplier consolidation. - Negotiate contracts, terms, and pricing for key parts and assemblies. - Analyze market trends and implement best sourcing practices to improve cost competitiveness.4. New Product Development (NPD) Support- Collaborate with R&D, Engineering, and Production teams to source and develop components for new models. - Ensure early supplier involvement in design and prototyping phases. - Develop alternate sourcing strategies to mitigate risks during NPD.6. Systems, Processes & Reporting- Implement digital tools for supplier evaluation, cost tracking, and performance management. - Define and monitor departmental KPIs (Cost, Quality, Delivery, Innovation, Sustainability). - Report progress and challenges to senior management with data-backed insights.Required Skills:- 15 - 20 Years of experience in sourcing and development. - Experienced in sourcing of Motors and motor controllers.

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