Strategic Sourcing Manager

Job Description: Commodity Manager  – Sheet Metal, Thermal Mechanical commodities, Busbar, Heat Sink, Hardware other Mech Commodities

About the Role:
We are seeking a highly motivated and results-oriented Commodity Manager minimum 8 – 10 years of experience to join our dynamic procurement team. In this critical role, you will be responsible for eloping and executing sourcing strategies for Mechanical Commodities handling a wide range of Mechanical products Sheet Metal, Busbar, Heat Sink, Heat exchanger coils, Power Components, etc. You will play a key role in ensuring the timely and cost-effective procurement of high-quality Mechanical components to support our company's growth and innovation.
Key Responsibilities:
* Sourcing Strategy Development for Mechanical Commodities

* Experience and proven track record of Handling Direct commodities.

* Experience in China + 1 Localization in India.

* Exposure about India landscape and Suppliers footprint in Mechanical components.

* Hands on experience in supplier identification or supplier base knowledge in India for fabricated components, mechanical parts, valves, tubes, fittings, pumps, Sheet Metal, Coils, etc.

* Preferably work under project based business environment.

* Preferably work under High mix low volume business environment.

* Experience in working with Indian Suppliers for export.

* Good understanding of UL/ CE/ BIS, etc.

* Ability to communicate globally & stake holders alignment.

* India for global alignment/ Make in India Experience.

* Global mindset with strong local knowledge.

* Conduct market research and analysis to identify and qualify potential suppliers.
* Develop and implement competitive sourcing strategies, benchmarking, including RFQs, negotiations, and contract awards.
* Identify and evaluate new technologies and suppliers to ensure a competitive advantage.
* Supplier Relationship Management.
* Build and maintain strong relationships with key suppliers.
* Monitor supplier performance and address any quality, delivery, or cost-related issues.
* Collaborate with suppliers to drive continuous improvement in quality, cost, and delivery.
* Contract Management.
* Negotiate and manage contracts with suppliers, ensuring compliance with all relevant terms and conditions.
* Monitor contract performance and identify any potential risks or issues.
* Cost Management.
* Identify and implement cost-reduction initiatives, such as value engineering and supplier consolidation, Resourcing.
* Track and analyze commodity prices and market trends.
* Develop and implement strategies to mitigate supply chain risks and ensure cost competitiveness.
* Supply Chain Optimization:
* Collaborate with cross-functional teams (e.g., engineering, operations, logistics) to optimize the supply chain.
* Identify and implement process improvements to enhance efficiency and reduce costs.
* Ensure timely delivery of materials to support production schedules.
* Integrate sustainability considerations into all sourcing decisions.
* Work with suppliers to promote responsible sourcing practices and reduce environmental impact.
* Data Analysis and Reporting.
* Track and analyze key performance indicators (KPIs), such as cost, quality, and delivery etc.
* Prepare regular reports on sourcing activities and performance.
Qualifications:
* Bachelor's degree in Supply Chain Management, Engineering, Business, or related field.
* 10+ years of experience in commodity management, procurement or related field.
* Proven experience in sourcing and managing Mechanical/ Power components.
* Strong understanding of Material/ Metal technologies and market trends.
* Excellent negotiation and communication skills.
* Strong analytical and problem-solving skills.
* Proficiency in Microsoft Excel and other data analysis tools.
* Experience with ERP systems (e.g., SAP, Oracle) preferred.
* Experience in a fast-paced, high-growth environment preferred.
Skills:
* Strategic Sourcing
* Supplier Negotiation
* Contract Management
* Market Analysis
* Cost Reduction
* Supply Chain Optimization
* Data Analysis
* Communication & Collaboration
* Project Management