Head of Sourcing
7 days ago
Role Summary:
Head of Sourcing & Development will lead and oversee the complete supplier ecosystem for the electric traction motor & It's controller sourcing including development. This role will be responsible for developing a robust vendor base, ensuring quality, cost competitiveness, and supply reliability for all business units of Motor & Controllers. The position involves strategic sourcing, supplier relationship management, supply chain risk management , cost optimization, and supplier capability enhancement aligned with business growth and localization goals.
Key Responsibilities:
1. Strategic Vendor Development
- Develop and implement sourcing strategies
- Identify, evaluate, and onboard suppliers to ensure availability of quality parts at optimal cost.
- Lead cost reduction initiatives to reduce import dependency and total cost of ownership.
- Geo political supply chain risk management.
2. Supplier Relationship & Performance Management
- Establish and maintain long-term strategic supplier relationships.
- Conduct regular supplier audits, performance reviews, and capability assessments.
- Ensure compliance with quality standards (ISO, TS, IATF, etc.).
3. Cost Optimization & Negotiations
- Drive cost reduction initiatives through value engineering, process improvements, and supplier consolidation.
- Negotiate contracts, terms, and pricing for key parts and assemblies.
- Analyze market trends and implement best sourcing practices to improve cost competitiveness.
4
. New Product Development (NPD) Support
- Collaborate with R&D, Engineering, and Production teams to source and develop components for new models.
- Ensure early supplier involvement in design and prototyping phases.
- Develop alternate sourcing strategies to mitigate risks during NPD.
6. Systems, Processes & Reporting
- Implement digital tools for supplier evaluation, cost tracking, and performance management.
- Define and monitor departmental KPIs (Cost, Quality, Delivery, Innovation, Sustainability).
- Report progress and challenges to senior management with data-backed insights.
Required Skills:
- Years of experience in sourcing and development.
- Experienced in sourcing of Motors and motor controllers.
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