Chief Sourcing Officer

1 week ago

Bengaluru, Karnataka, India beBeeProcurement Full time ₹ 9,00,000 - ₹ 12,00,000
Job Summary:

We are seeking a highly skilled Procurement Manager to lead and manage the sourcing and procurement activities for our automotive parts manufacturing operations.

The ideal candidate will have in-depth experience in stamping and molding supply chains, along with strong capabilities in developing and managing external vendors for allied processes such as plating, machining, coating, and PCB development.

The role demands a strategic thinker with strong negotiation skills and a consistent track record in cost reduction, with a specific target of achieving 5% annual cost savings.

Key Responsibilities:
  • Identify, evaluate and qualify potential suppliers domestically and internationally
  • Develop reliable vendors for BOM items of ferrous and non-ferrous material and outsourced processes: plating, machining, heat treatment, coating, PCB development, etc.
  • Build and maintain long-term relationships with suppliers to ensure quality, cost-effectiveness, and on-time delivery.
  • Monitor performance on key metrics (cost, quality, delivery, compliance) and take necessary improvement actions
  • Issue RFQs, evaluate supplier quotations, and finalize commercial terms inline with customer terms
  • Lead contract negotiations to secure the best terms in cost delivery and quality
  • Conduct market and risk analysis to anticipate sourcing challenges and mitigate supply chain risks
  • Collaborate with internal stakeholders to understand needs and drive procurement efficiency
Cost Optimization:
  • Lead cost reduction initiatives to meet YOY 5% cost saving target.
  • Conduct spend analysis and identify opportunities for savings via alternative sourcing, supplier consolidation, VA/VE (Value Analysis/Value Engineering), or process optimization.
  • Negotiate long-term contracts, pricing agreements, and payment terms.
Cross-functional Coordination:
  • Collaborate with production, engineering, R&D, and quality teams to understand technical requirements and develop sourcing strategies.
  • Work with the quality team to ensure supplier compliance with automotive quality standards (IATF 16949, ISO 9001, etc.).
Qualifications:
  • Bachelor's degree in Engineering
  • 15+ years of experience in procurement within the automotive manufacturing industry, with hands-on exposure to stamping and molding parts
  • Proven track record in handling Ferrous, Non Ferrous material and outsourced processes such as plating, machining, and coatings.
  • Strong negotiation, communication, and supplier management skills.
  • Knowledge of cost structures, logistics, and basic manufacturing processes.
  • Proficient in SAP systems and MS Office tools.

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