Manager (Bought Out Vertical)

Responsibilities

Strategic and Planning:

• Define and drive the sourcing and cost optimization strategy for the Bought Out category.
• Prepare and manage Bought Outs Budget for Engineering & ACGi.
• Drive long-term business continuity and ensure compliance with business rules.
• Oversee inventory management—monitor, review, and drive actions to reduce free and non-moving inventory.

Functional Core:

• Conduct spend analysis to identify high-cost part families and cost-saving opportunities.
• Evaluate vendor strengths and weaknesses and implement improvement plans.
• Identify, qualify, and onboard suppliers based on QCD (Quality, Cost, Delivery) parameters.
• Drive de-risking initiatives by developing alternate sources and onboarding new technology suppliers.
• Lead commercial settlements and rate contracts with synergy and high-value suppliers.
• Monitor and adopt new products and technologies relevant to ACG's machine manufacturing business.
• Ensure strong process orientation, identifying and bridging operational gaps.
• Demonstrate awareness of automation and bought-out components such as HMI, PLC, servo motors, switchgears, drives, pneumatics, sensors, IPCs, and bearings.
• Drive digital initiatives such as Sourcing Analytics, SRM, ME11/ME12, MRO Outsourcing, and Online Auctions.
• Utilize SAP MM module for material management, sourcing, and vendor evaluation processes.
• Lead cross-functional teams (CFTs) for strategic sourcing and cost-reduction projects.