Head - Vendor Development/ Sourcing ( Wellknown Material Handling MNC)

Role & responsibilities

Lead the Vendor Development function for the Material Handling Equipment business by developing a robust supplier network, driving localization, cost optimization, supplier quality improvement, and ensuring uninterrupted supply of materials and components aligned with global engineering and business objectives.

Key Responsibilities

• Develop and execute vendor development and supplier management strategies.
• Identify, evaluate, audit, and onboard new suppliers for fabrication, machining, sheet
  metal, hydraulics, electricals, and bought-out components.
• Drive localization and value engineering initiatives to reduce costs and improve
  supply chain efficiency.
• Collaborate with Engineering, R&D, Manufacturing, Quality, and Procurement teams
  to support new product development and sourcing requirements.
• Establish supplier performance metrics covering quality, cost, delivery, and
  responsiveness.
• Lead supplier audits, capability assessments, and supplier development programs.
• Manage strategic supplier relationships and commercial negotiations.
• Mitigate supply chain risks and ensure business continuity.
• Drive continuous improvement initiatives across the supplier base.
• Present supplier performance reviews and sourcing strategies to the Global CTO.

Preferred candidate profile

• B.E./B.Tech in Mechanical, Production, Industrial Engineering, or related discipline.

• MBA/Supply Chain Management qualification preferred.
  Experience

• 15+ years of experience in Vendor Development, Strategic Sourcing, Procurement,
  or Supply Chain Management.

• Minimum 5 years in a leadership role managing vendor development teams.

• Experience in Material Handling Equipment, Industrial Equipment, Heavy
  Engineering, Automation, or Manufacturing industries.

• Exposure to global sourcing, localization projects, and supplier quality systems.

• Strategic Sourcing & Vendor Development

• Supplier Quality Management