Z Ventures
Sourcing Manager
Skills
2 months ago
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Important information
Contract type:
Permanent
Salary:
₹800,000 – ₹1,100,000 / year
Location:
Delhi, India
Work mode:
Onsite
Published on:
1 September 2026
What they need
K E Y R E S P O N S I B I L I T I E S
Lead the overall sourcing strategy and vendor management agenda for the plant and the group, aligned with company growth objectives,
reporting directly to senior leadership.
Build, lead, and mentor a small sourcing team; allocate categories, set savings targets, and review performance against cost, quality, and
delivery KPIs.
Own end-to-end CAPEX procurement CNC and conventional machines, special purpose machines (SPM), robots and automation cells,
tooling, dies, jigs, fixtures, gauges, DG sets, transformers, compressors, and material handling equipment — through domestic, import,
and alternate channels including direct OEM purchase and foreign auctions.
–
Drive direct category buying across sheet metal, machined and turned parts, castings, forgings, plastic and rubber moulded components,
fasteners, and proprietary electrical and electronic items, together with raw material — steel coil, bar, tube, and non-ferrous.
–
Set up new facilities end to end — tool rooms, manufacturing and assembly lines, welding and paint shops, and corporate offices — from
requirement definition and vendor finalisation through to installation, trial run, and commissioning.
–
Source and finalise commercial office / plant space, managing site evaluation, commercial negotiation, and – agreement closure.
Run structured RFP / RFI / RFQ processes for vendor identification, techno-commercial comparison, and supplier selection across all
categories, supported by comparative statements and reverse auctions.
–
Prepare part-level cost estimates and should-cost build-ups for sheet metal, machining, casting and moulding processes, covering
material, process, overhead, and margin, and use them to drive negotiation outcomes.
–
Negotiate pricing, payment terms, delivery schedules, warranties, tooling amortisation, and quality & compliance conditions with
suppliers across direct and indirect spend.
–
Drive alternate sourcing, localisation of imported parts, global sourcing, and import procurement to strengthen supply resilience and
unlock cost savings.
–
Conduct vendor assessment, development, and periodic performance reviews; onboard and qualify new suppliers, run capacity and
capability audits, and expand the vendor base to de-risk single-source parts.
–
Support new product introduction with the Projects, Engineering, and Quality teams — sourcing for prototypes, tooling development, and
part approval through the PPAP and APQP cycle.
–
Monitor procurement spend against budget, apply zero-base costing and should-cost analysis, and identify savings and process
improvement opportunities.
–
Implement automation and digitisation initiatives to improve procurement efficiency and reduce – manpower cost.
– Prepare and present monthly MIS reports, savings dashboards, and budget forecasts to top management.
Maintain procurement documentation — purchase orders, contracts, SLAs, AMCs, and supplier correspondence — with full audit
traceability, and represent the Purchase & SCM function in ISO, IATF 16949, customer, and internal audits.
–
Coordinate with Projects, Production, PPC, Stores, Quality, IT, Admin, and Finance teams for demand planning, material availability,
inventory norms, and timely vendor payments.
–
Z
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