Manager sourcing

The Sourcing Manager will be primarily responsible for developing new and potential vendors, along with streamlining the existing ones. He/she will also be responsible for driving DFM changes to drive down cost and lead times. Drive and execute Annual and Strategic Plan with supporting strategies Lead DFM opportunities with suppliers along with Engineering and Process functions Manage Category and Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends Ensure Relationship development and management with key Supplier Leaderships Align with Product management, R D, Operations, Finance and Quality and other departments Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes Ensure Relationship development and management with key Supplier Leaderships Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes by maintaining Supplier Scorecards Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions. Manage fixed assets capital procurement by establishing sustainable vendor base and develop a strong and robust Capital equipment’s expenditure process. Manage Annual spend worth 150 cr INR by creating a sustainable vendor base. Should have developed alternate OEM during the tenure as Sourcing Lead. Should have completed cost reduction projects to the tune 10-15% of spend YOY.SKILLS QUALIFICATIONS 8-12 years of experience in Strategic Sourcing and Procurement Roles Degree in an Engineering discipline Post graduation / MBA / CPIM/CSCP / CPSM would be added advantage Six Sigma Black Green/Belt certification - Plus Powered by Webbtree