Strategic Sourcing

Looking for Strategic Sourcing Specialist with a leading MNC Fluid Flow HVAC

Location: Hyderabad

Years of Experience: 10 years +

Industry Experience in pumps, motors or valves

The Sourcing Manager will be responsible for leading sourcing activities for India operations, with a focus on indirect materials such as foundry consumables (ingots, sand, sleeves, etc.), while also managing procurement of key categories including motors, diesel engines, drives, fabrication, and outsourced machining.

The role involves close collaboration with Purchase and Planning Managers, as well as other Commodity Managers within the Global Category Sourcing division, to ensure alignment with global sourcing strategies, cost optimization, supplier development, and supply continuity.

• Developing category-specific strategies in collaboration with key stakeholders.
• Supporting the development and implementation of sustainable supplier and category strategies that align with business needs via evaluating current supplier landscape, capacity, capability, and competitiveness
• Developing category-specific cost models and cost-driver visibility.
• Leading cost reduction initiatives and conducting regular cost benchmarking to ensure market /cost competitiveness.
• Participating in and supporting new product development initiatives by evaluating new suppliers and supplier capabilities for go-to-market strategies.
• Managing supplier performance by engaging with cross-functional business partners to drive supplier performance improvement initiatives.
• Ensuring full compliance to governance and best practices as it relates to sourcing, supplier selection, cost evaluation, cost change approvals, and supplier selection processes.
• Conducting supplier, commodity, and procurement market risks on an ongoing basis to develop risks-mitigation plans.
• Understanding plant operations and providing critical supply solutions as needed.
• Developing and implementation of annual cost reduction initiatives.