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Asst Sourcing Manager, India Sourcing

2 weeks ago

Cochin, Kerala, India Burndy Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Job Summary

Reporting to the Manager of India Supply Chain and QA, identifies, evaluates, negotiates, develops, and manages supplier or vendor relationships to secure terms that are in the organizations best interest throughout the India region. Ensures sourcing activities are in alignment with corporate category strategies and acts as the liaison between US-based Category Managers and India vendors.

Essential Duties and Responsibilities

Responsibilities

  • Identify suppliers who can provide products and/or services that meet company requirements and needs.
  • Provide input related to supplier capabilities, capacity, competitive customers, etc. to Category Managers and support development and maintenance of the Approved Vendor List (AVL).
  • Execute the "RFQ" process in India region in conformance with AVL.
  • Perform data analysis related to quote comparison, price negotiation impact, etc., and prepare SAP pricing update documentation.
  • Liaise with Quality Department to ensure suppliers meet Quality Management System requirements.
  • Monitor and ensure vendor's capacity and competencies continue to meet expectations and prepare contingency plans when to proactively address problems before they arise.
  • Carry out necessary actions to secure timely delivery of goods and services according to internal customer requirements.
  • Cultivate internal customer focus, teamwork, innovation, and accountability.
  • Maintenance of proper records and filing systems.
  • Provides support on project management to ensure the timely implementation of sourcing projects.
  • Perform annual price & incoterms negotiation with suppliers.
  • Get legal agreements signed between the company and the suppliers.
  • Execute vendor rationalization to better manage the supply chain.
  • Any other duties assigned from time-to-time by line Manger.

Monitoring

  • Monitor Regional and Global commodity and FX indices for use in managing supplier Index Agreements.
  • Provide forward-looking estimates of pricing as inputs into annual budgeting process.
  • Monitor material cost trend.
  • Periodically publish supply chain risk analysis studies for assigned vendors and recommend contingency plans.

Knowledge, Skills, and Abilities

  • Possesses good negotiation and communication skills and ability to interact with other departments.
  • Excellent communication skills, written & verbal.
  • Advanced knowledge of Microsoft Office products
  • Working knowledge of SAP preferred.
  • Ability to mine for and analyze data and understanding of total cost of ownership calculations
  • Must be able to read and interpret engineering prints and drawings
  • Strong preference for individuals with a Casting, Forging, or Stamping process background.

Education and/or Experience

  • 5+ years sourcing experience in India Sourcing.
  • Bachelor's degree in supply chain management, Distribution, or Engineering and 5+ years validated experience.
  • Good communication Skills in English and Hindi