
Key Sourcing Strategist
1 week ago
Job Title: Key Sourcing Strategist
Job Description:
The Key Sourcing Strategist will lead and guide the sourcing team in achieving departmental and organizational objectives. He/she will develop and implement short-term and long-term cost-effective sourcing and supply chain strategies aligned with business goals.
Responsibilities:
- Lead the sourcing team to achieve strategic sourcing objectives.
- Develop and implement sourcing strategies that drive cost savings and improve quality.
- Identify and develop new suppliers for precision-machined components, evaluate supplier capabilities, quality systems, and production capacity.
- Conduct cost analysis, benchmarking, and identify cost-saving opportunities through alternate sourcing, process improvements, and vendor consolidation.
- Handle sourcing of engineering components, engineering controls, and electrical drives for large-size machines.
- Manage procurement of imported and locally bought-out parts such as hydraulics, mechanical, electronics, and electrical.
- Oversee supplier development, vendor negotiations, and warranty claims management with back-to-back warranty arrangements.
- Ensure uninterrupted supply of materials and services at optimum cost, quality, and timelines for machine and mold production.
- Provide expertise and advisory support for vendor development for new and existing projects.
- Build and maintain strong buyer-seller and stakeholder relationships.
Candidate Requirements:
- Qualification: Diploma / Bachelor's Degree in Mechanical, Electrical, or Electronics Engineering.
- Experience:
- 18–25 years of core supply chain management experience.
- Minimum 10+ years heading complete Sourcing & Supplier Development function.
- Strong background in tool room or machine-building industry.
- Age: 42–45 years.
- Preferred: Experience in capital equipment or project-based procurement, including Mother Machines selection, negotiation, and purchase.
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