Sourcing Manager

Position Summary

Identify and develop supplier base for existing and plan for new products for local & overseas divisional requirement. Provide guidance to the SCM/quality team in MSDI.

Shape the strategy for Sourcing and analytics of key commodities across all value streams/products in a cost-effective way that enhance product value to support divisions AIP objectives.

Responsibilities

Supplier Sourcing & Selection

• Conduct market and vendor research to identify potential suppliers across required commodities (casting, machining, sub‑assembly, C‑class).
• Compare and evaluate supplier proposals using total cost of ownership criteria (price, lead time, quality, capacity, risk).
• Lead supplier selection and onboarding, ensuring alignment with product specifications and commercial objectives.
• Negotiate pricing, payment terms, Incoterms, and other commercial conditions to secure competitive, sustainable agreements.
  
  

Supplier Development & Quality Assurance

• Establish and validate manufacturing processes at supplier locations to meet product quality and specification requirements.
• Conduct supplier capability assessments and drive corrective actions to raise quality to expected standards.
• Own PPAP and supplier acceptance activities and remain accountable for new‑part stabilization through PPAP + 3 months.
• Collaborate with suppliers to implement process controls (machining, tooling, heat treatment, grinding, lapping, casting) and continuous improvement initiatives.
  
  

Category & Commodity Strategy

• Define and execute commodity strategies for key categories in alignment with market trends and divisional AIP/growth objectives.
• Segment suppliers (strategic / preferred / transactional) and deploy appropriate governance, risk‑mitigation and supplier development approaches.
• Implement long‑term sourcing roadmaps including supplier consolidation, localization and strategic partnerships.
  
  

Cost Optimisation & Value Engineering (VAVE)

• Lead value engineering (VAVE) initiatives and product cost analyses to identify opportunities for cost reduction and value enhancement.
• Analyse material, labour and overhead cost drivers; implement initiatives to reduce total supply chain cost via price, volume aggregation, lead‑time reduction or quality-driven savings.
• Drive VAVE projects from conception to implementation and monitor adherence to budget and timelines.
  
  

Capacity Planning & Supply Continuity

• Monitor supplier capacity and utilisation to ensure uninterrupted supply and manage contingency plans for peak demand or disruptions.
• Work with suppliers and internal planning teams to forecast demand and align capacity, buffer inventories or alternate sources as needed.
  
  

Contracting & Commercial Management

• Lead contract negotiations and finalization of strategic supply agreements, VMI arrangements, rebates/discounts and periodic price agreements.
• Manage and optimise key commercial attributes (price, payment terms, MoQs, lead times, penalty terms) to support business needs.
  
  

Project & New Product Sourcing

• Lead purchasing strategy for new products and customer projects, developing suppliers in parallel with product development.
• Manage supplier development of new parts through launch and stabilization (responsible for new parts until PPAP + 3 months).
  
  

Spend & Supplier Performance Management

• Monitor and analyse spend and supplier base performance; create and implement plans to optimise price, lead‑time, service levels and supplier capabilities.
• Drive supplier performance reviews and corrective actions; escalate chronic issues and implement improvement plans.
  
  

Financial Control & Performance

• Control and manage budgeted procurement spend; identify and address adverse trends to meet business objectives and priorities.
• Drive year‑on‑year cost savings and contribute to Deflation Plan / Price Performance metrics.
• Deliver at least the defined productivity savings target (e.g., 1% productivity savings of total supplier spend) and continually identify further opportunities.
  
  

Technical Expertise & Continuous Improvement

• Apply deep technical knowledge of manufacturing processes (machining, tooling, heat treatment, grinding, lapping, casting) to enable supplier discussions, troubleshooting and capability development.
• Conduct periodic product and process analyses to identify cost and value improvement opportunities and embed continuous improvement into supplier relationships.
  
  

Risk Management & Market Intelligence

• Analyze market trends, commodity price drivers and supplier capabilities to anticipate risks and unlock sourcing opportunities that support profitable growth.
• Recommend hedging, sourcing diversification or alternative material/tech solutions where appropriate.
  
  

Qualifications

• B.Tech/M.Tech Degree with Supply Chain or Management discipline.
• 8-12 years of experience
• Six sigma green belt will be added advantage.