Strategic Sourcing Executive

Basic Qualification: Diploma with Mechanical/Electrical engineering- Exp 6-8 years or BE Mechanical/Electrical Exp 3-5 years.

Roles & Responsibilities

1. Category & Commodity Management

• Develop and execute sourcing strategies for key commodities including Electromechanical Assemblies, Thermoplastic & Rubber Moulding, Machining, Forging, Casting, Sheet Metal, and Special Processes (Plating, Heat Treatment, Surface Finishing, etc.).
• Build category roadmaps aligned with business objectives, technology trends, and supply market dynamics.
• Leverage manufacturing process knowledge.

2. Strategic Cost Management

• Drive annual material cost reduction programs through strategic negotiations, value engineering, localization, alternate sourcing, and productivity initiatives.
• Achieve annualized procurement savings targets (minimum 5% of material spend) while maintaining quality and delivery performance.
• Lead periodic price negotiations, labour rate revisions, and long-term commercial agreements.

3. New Product Development (NPD) Sourcing

• Lead sourcing activities for new product development by identifying and developing capable suppliers within target cost and timeline.
• Collaborate with Design, Engineering, Quality, Manufacturing, and Project Management teams during product development.
• Ensure supplier readiness, tooling development, PPAP/APQP completion, and timely production launch.