Strategic Sourcing Manager

DescriptionJob Description: Commodity Manager  – Sheet Metal, Thermal Mechanical commodities, Busbar, Heat Sink, Hardware other Mech CommoditiesAbout the Role:We are seeking a highly motivated and results-oriented Commodity Manager 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 Mechanical Commodities handling a wide range of Mechanical products Sheet Metal, Busbar, Heat Sink, Heat exchanger coils, Power 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 Mechanical Commodities* Experience and proven track record of Handling Direct commodities.* 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, Sheet Metal, 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/ Power 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