Sourcing Manager - Finished Goods

Key Responsibilities
1. 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 year-on-year (YoY) cost-reduction projects by deploying multiple sourcing levers such as
supplier consolidation, alternate sourcing, index-linked pricing, VA/VE initiatives, payment-term
optimization, and volume aggregation.
• Lead RFQs/RFPs and supplier negotiations covering index-linked pricing, escalators/de-escalators,
volume discounts, payment terms, service levels and should costing models
• Drive demand aggregation across plants/business units to maximize commercial leverage.
• Establish and manage long-term supply agreements with strong commercial governance.

2.Commodity Risk & Supply Assurance
• Assess exposure to raw-material price volatility and supply-side risks.
• Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and
supply-continuity 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 long-term, collaborative partnerships focused on resilience and continuous improvement.
Technical & Cross-Functional 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 new-part validation from a techno-commercial perspective.

3. 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 cost-reduction targets, and savings realization against approved business
cases.

4. Key Skills & Competencies
• Strategic sourcing and commercial negotiation
• Proven ability to drive YoY cost-reduction initiatives using multiple sourcing and commercial levers.
• Strong financial, analytical and commercial acumen with a TCO-driven mindset
• Good knowledge of domestic and import sources for small home appliances.
• Commodity price-risk and volatility management
• Index-linked and formula-based pricing mechanisms
• Supplier discovery, audits, and SRM
• Understanding of technical specifications and standards
• Import/export and trade compliance
• ERP and data analytics capability
• Cross-functional stakeholder management
• Strong communication and structured problem-solving skills

Experience
10 - 15 years in sourcing/procurement of small home appliances and kitchen appliances.

Qualification
• Bachelor’s degree in engineering (Mechanical/Industrial/ Production/ Metallurgy)
• Preferably with MBA.