Manager/Sr Manager- Vendor Development/Sourcing

Key Responsibilities

• Lead vendor development and strategic sourcing activities for manufacturing components.
• Develop and maintain a reliable supplier base for Sheet Metal, Electrical, Plastic, Refrigeration, Glass, Hardware and Packaging components.
• Identify, evaluate and onboard new suppliers based on technical capability, capacity, quality and commercial competitiveness.
• Drive RFQ, quotation analysis, cost negotiation and commercial finalization.
• Lead cost reduction, cost optimization and value engineering initiatives.
• Develop alternate/local suppliers to reduce supply risks and improve competitiveness.
• Drive sourcing activities for NPD, localization and new component development.
• Coordinate with Engineering, NPD, Quality, Production and SCM teams for new product/component development.
• Lead supplier development activities including sample development, trials, validation and approvals.
• Monitor supplier performance through QCD, delivery, quality and cost parameters.
• Drive supplier quality improvement through RCA, CAPA and corrective actions.
• Evaluate supplier capacity and capability and identify opportunities for supplier improvement.
• Lead supplier audits, assessments and development plans.
• Manage development of tools, dies, moulds, fixtures and other supplier-related requirements.
• Establish sourcing strategies for critical components and ensure business continuity.
• Prepare and review MIS, sourcing dashboards, vendor performance reports and cost-saving reports.
• Lead commercial negotiations and ensure competitive pricing and favourable terms.
• Guide and mentor the Vendor Development/Sourcing team.
• Build strong supplier relationships while ensuring compliance with company requirements and procurement policies.

Candidate Profile

• B.E./B.Tech Mechanical / Production preferred.
• 8-12 years of experience in Vendor Development, Supplier Development, Strategic Sourcing, Purchase or Procurement.
• Strong experience in manufacturing/component sourcing.
• Experience with Sheet Metal, Electrical, Plastic, Refrigeration or fabricated components preferred.
• Strong knowledge of costing, RFQ, quotation analysis, negotiation and supplier development.
• Hands-on experience with SAP MM / ERP.
• Strong analytical skills with advanced MS Excel knowledge.
• Experience in NPD sourcing, localization and alternate vendor development.
• Strong leadership, negotiation and stakeholder-management skills.
• Willingness to travel for supplier visits, audits and development activities.