Sourcing Manager

17 hours ago

Bengaluru, Karnataka, India Karkhana Full time ₹ 9,00,000 - ₹ 12,00,000 per year

We are looking for an experienced and strategic Sourcing Manager with 10–12 years of experience in electrical and bought-out components sourcing within the electronics / electronic products industry. The ideal candidate will have deep expertise in supplier development, cost negotiations, and procurement strategies, ensuring a reliable supply base while meeting cost, quality, and delivery targets. Responsibilities:Strategic Sourcing: Develop and execute sourcing strategies for electrical parts (connectors, wires, relays, switches, motors, etc.) and bought-out assemblies.

Supplier Identification & Development: Identify and qualify new suppliers based on capability, capacity, quality, and cost-effectiveness. Drive supplier development and performance improvements. Cost Optimization: Lead cost benchmarking, negotiations, and cost reduction initiatives while ensuring component quality and supplier reliability.

Supplier Management: Build strong, collaborative relationships with key suppliers. Monitor supplier performance using KPIs (OTD, quality, responsiveness). Contract Management: Negotiate commercial terms and manage contracts, pricing agreements, and service-level agreements.

Risk Management: Identify sourcing risks and develop contingency plans to ensure business continuity. Cross-functional Collaboration: Work with engineering, quality, and production teams for sourcing decisions, component localization, and BOM finalization. Market Intelligence: Stay updated on market trends, raw material price fluctuations, and technology changes to make informed sourcing decisions.

Procurement Process Compliance: Ensure adherence to internal procurement policies and quality management systems (ISO/QMS). Inventory Planning Support: Coordinate with planning teams to manage lead times, safety stocks, and demand forecasting. Tooling and Sample Development: Oversee initial sampling, vendor qualification, and tooling approval processes for new sourced components.

Requirements:Bachelor's degree in Electrical Engineering, Electronics, or a related technical discipline.5-8 years of experience in sourcing, procurement, or supply chain roles, specifically in electrical and bought-out parts. Strong negotiation and analytical skills with a track record of supplier cost optimization. Solid understanding of electrical components, specifications, and technical drawings.

Excellent interpersonal, communication, and supplier relationship management skills. Proficiency in MS Office and ERP systemsExperience in electronics, EMS, or capital equipment manufacturing sectors. Knowledge of global sourcing and import/export regulations.

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