Strategic Sourcing Manager

Role & responsibilities

As a Manager - Strategic Sourcing two wheeler Automotive Division, you will be critical in managing cost-effective sourcing strategies and overseeing the entire costing process for automotive components. Your responsibilities include:

• Developing and applying in-depth knowledge of various materials and aggregates used in automotive manufacturing, including sheet metal, plastics, rubber, electrical, electronics, casting, and forging.
• Focusing particularly on Electrical and Electronics components, staying up-to-date with emerging technologies, industry trends, and best practices.
• Overseeing special processes such as plating, welding, and PCB technologies to ensure quality and cost efficiency.
• Monitoring raw material cost trends and standards across multiple industries to anticipate and respond to supply chain shifts.
• Accurately costing products based on detailed drawings and circuit inputs, performing thorough analysis to support budgeting and forecasting.
• Establishing and implementing pricing strategies for key and critical components, managing supplier relationships to safeguard the Bill Of Material (BOM) costing and reduce financial risks.
• Understanding domestic and import tax structures and their direct impact on BOM cost, ensuring compliance and optimization of fiscal liabilities within sourcing activities.
• Leading, mentoring, and developing a team of skilled Cost Engineers, fostering a culture of excellence to generate project-specific zero base costing models and enhance operational efficiency.
• Maintaining and tracking BOM costs across multiple projects, using advanced tools and systems to provide accurate, real-time financial insights to stakeholders.
• Evaluating the impact of currency fluctuations and commodity inflation on project budgets and BOM costs, preparing risk mitigation strategies and financial contingency plans accordingly.
• Collaborating cross-functionally with engineering, procurement, finance, and supplier teams to drive cost reduction initiatives while maintaining product quality and market competitiveness.

Travel is expected as part of your role to meet with suppliers, attend industry events, and collaborate with global teams.

Preferred candidate profile

Sourcing of Plastics, Trims and Polymers