CapGrid - AM/DM Sourcing & Vendor Development - Fastners

1 week ago

Gurgaon, Haryana, India Nexthire Full time ₹ 80,000 - ₹ 1,50,000 per year
Company : Capgrid Solutions
Position Overview

We are looking for an experienced Assistant Manager / Deputy Manager – Sourcing & Vendor Development with strong expertise in Fasteners (mandatory) along with experience in at least one additional direct/indirect procurement category. The candidate must come from the Consumer Appliances industry and should be capable of managing multi-category sourcing, supplier development, and cost optimization.

Key Responsibilities:

  • Lead sourcing activities for Fasteners (mandatory) and at least one additional category (e.g., plastics, sheet metal, stamping, casting, packaging, electronics, rubber, etc.).

  • Identify, evaluate, and develop reliable suppliers for fasteners and other categories.

  • Conduct supplier audits covering cost, quality, capacity, and capability.

  • Manage RFQ, price negotiation, rate contracts, and long-term agreements.

  • Drive cost reduction initiatives and value engineering projects.

  • Collaborate with Engineering, Quality, SCM, and Production teams for material qualification, trials, and approvals.

  • Ensure supplier adherence to technical specifications, quality standards, and compliance requirements.

  • Monitor vendor performance: pricing, quality consistency, and OTIF delivery.

  • Develop sourcing strategies to ensure supply assurance and mitigate risks.

  • Maintain documentation, dashboards, procurement records, and supplier performance reports.

Required Skills & Experience:

  • 5–10 years of experience in Sourcing / Vendor Development.

  • Mandatory: Hands-on experience in Fasteners sourcing (screws, bolts, nuts, washers, rivets, special fasteners).

  • Experience in any additional category (plastics, sheet metal, casting, electronics, packaging etc.).

  • Only candidates from the Consumer Appliances industry (white goods, small appliances, consumer durables).

  • Strong negotiation, analytical, and supplier management skills.

  • Excellent understanding of technical drawings, BOM, tolerances, and costing.

  • Ability to handle multiple vendors and large SKU portfolios.

  • Strong coordination and documentation skills.

Preferred Personal Attributes:

  • Strong commercial acumen

  • Problem-solving mindset

  • Ability to cross-collaborate with multi-functional teams

  • Strong ownership and accountability

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