Deputy Manager - Sourcing (Finished Goods)

Role & responsibilities

Strategic Sourcing, Cost Reduction & Commercial Negotiation

• Good knowledge in domestic and Overseas FMEG / Solar products and markets.
• Develop and execute sourcing strategies to optimize Total Cost of Ownership (TCO).
• Drive yearonyear (YoY) costreduction projects by deploying multiple sourcing levers such as supplier consolidation, alternate sourcing, indexlinked pricing, VA/VE initiatives, paymentterm optimization, and volume aggregation.
• Lead RFQs/RFPs and supplier negotiations covering indexlinked pricing, escalators/deescalators, volume discounts, payment terms, service levels and should costing models
• Drive demand aggregation across plants/business units to maximize commercial leverage.
• Establish and manage longterm supply agreements with strong commercial governance.

Commodity Risk & Supply Assurance

• Assess exposure to rawmaterial price volatility and supplyside risks.
• Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and supplycontinuity planning.
• Support internal governance for commodity exposure tracking and reporting.

Supplier Development & Relationship Management

• Identify, qualify, onboard, and develop suppliers aligned with technical, commercial, quality, and sustainability requirements.
• Conduct supplier capability assessments, audits, and PPAPs where applicable.
• Drive Supplier Relationship Management (SRM) through performance reviews (quality, delivery, cost, responsiveness) and corrective action plans.
• Build longterm, collaborative partnerships focused on resilience and continuous improvement.

Technical & CrossFunctional Collaboration

• Interpret material specifications, international standards (IS/IEC/ASTM), and application requirements.
• Partner with R&D, NPD, Quality, and Manufacturing on material selection, alternate development, VA/VE initiatives, and part industrialization.
• Support supplier trials and newpart validation from a technocommercial perspective.

Compliance & Sustainability

• Ensure supplier compliance with statutory and regulatory requirements (GST, MSME documentation, contractual obligations).
• Integrate ESG, recycling, and Extended Producer Responsibility (EPR) principles into sourcing decisions.
• Support import/export sourcing including INCOTERMS and customs compliance.

Systems, Analytics & Reporting

• Manage sourcing and supplier data in ERP systems (SAP S4 HANA / SAP MM).
• Develop dashboards for spend, savings, volatility impact, and supplier performance using Excel / Power BI.
• Track sourcing KPIs, YoY costreduction targets, and savings realization against approved business cases.

Preferred candidate profile

Key Skills & Competencies

• Strategic sourcing and commercial negotiation
• Proven ability to drive YoY costreduction initiatives using multiple sourcing and commercial levers.
• Strong financial, analytical and commercial acumen with a TCOdriven mindset
• Good knowledge of domestic and import sources for small home appliances.
• Commodity pricerisk and volatility management
• Indexlinked and formulabased pricing mechanisms
• Supplier discovery, audits, and SRM
• Understanding of technical specifications and standards
• Import/export and trade compliance
• ERP and data analytics capability
• Crossfunctional stakeholder management
• Strong communication and structured problemsolving skills

Qualifications & Experience

• Bachelors degree in engineering (Mechanical / Production / Industrial/ Metallurgy)
• MBA / PGDM in Supply Chain, Operations, or Procurement (preferred)
• 10-15 years of experience in strategic sourcing or commodity management of nonferrous metals
• Experience in the Solar Power systems , FMEG industries are strongly preferred