Senior executive Sourcing & VD

Roles & Responsibilities SCM, Sourcing & Vendor Development

• Identify, evaluate, and develop potential suppliers based on quality, cost, delivery, capacity, and technical capabilities.
• Drive supplier sourcing and development initiatives to ensure timely availability of materials and components as per business requirements.
• Negotiate commercial terms, pricing, payment terms, lead time, and supply agreements with suppliers to achieve cost and value optimization.
• Develop and maintain strong relationships with vendors and strategic suppliers to ensure continuity of supply and long-term partnerships.
• Identify opportunities for cost reduction, localization, alternate sourcing, and supplier consolidation.
• Collaborate with Engineering, Quality, Production, Planning, and other cross-functional teams to understand material specifications and sourcing requirements.
• Conduct supplier evaluations, audits, and performance reviews to ensure compliance with quality, delivery, cost, and process standards.
• Monitor and improve supplier performance, including on-time delivery, quality, responsiveness, and capacity.
• Identify and mitigate supply chain and supplier-related risks, including capacity constraints, material shortages, and market fluctuations.
• Analyze market trends, supplier capabilities, and commodity movements to identify sourcing opportunities and potential risks.
• Support new product development and new supplier onboarding, including RFQ, quotation analysis, supplier selection, and commercial negotiations.
• Manage the RFQ/RFP process, evaluate supplier quotations, and prepare comparative statements for supplier selection.
• Ensure suppliers meet organizational requirements related to quality, compliance, delivery, cost, and sustainability.
• Work closely with cross-functional teams to resolve procurement, sourcing, and supply chain challenges and ensure uninterrupted production.
• Maintain appropriate supplier documentation, sourcing records, commercial data, and vendor performance reports.