Strategic Sourcing Manager

Job Location

• Airoli, Navi Mumbai

Designation

• Manager - Supply chain management

Division

• LT motors

Years of Experience: upto 15 years

Responsiblities:

• Market & Spend Intelligence: Conducts comprehensive supply market, spend, and pricing factor analyses to drive informed procurement decisions.

• Commodity Strategy & Hedging: Formulates long-term commodity strategies using sensitivity analysis and executes financial hedging to mitigate market volatility.

• Strategic Supplier Management: Establishes a long-term, mutually profitable vendor framework by overseeing annual supplier segmentation and performance rating frameworks.

• Vendor Development: Leads continuous supplier improvement initiatives through technical audits, training sessions, and collaborative Joint Improvement Plans.

• Contract Negotiation: Drives high-level negotiations with suppliers and logistics providers to finalize beneficial contracts and safeguard organizational interests.

• Risk & Emergency Mitigation: Develops contract risk-mitigation strategies and identifies alternative supply sources to ensure business continuity during emergencies.

• Commercial Cost Management: Implements, tracks, and communicates monthly cost-reduction and cost-avoidance figures to all key stakeholders.

• Operational Transition: Monitors the seamless hand-off of sourcing strategies to the Operational Procurement team for trouble-free execution.

• Logistics Oversight: Evaluates, selects, and monitors inward logistics service providers to maintain efficient supply chain operations.