Sourcing Manager

Role & responsibilities

1. Defining strategic sourcing goals & its effective Implementation.

2. Evaluation of supplier core competencies & competitive positioning using Industry Cost Models.

3. Develop suppliers as per business requirements.

4. Build a strong & sustainable collaboration with Key suppliers, by execution of long-term contracts.

5. Analyze Industry trends, Market Dynamics to proactively identify supply related issues to minimize risk. Ensure continuity of supply at consistent pricing.

6. Making use of trade shows, conferences & other social Media: In Product sourcing, Component development and Vendor development. 7. Establish data centric Supplier management program for Key Purchases focusing QCD. Set medium- & Long term goals as a part of continuous improvement

8. Work closely with Planning team, Understand Business forecasts & establish supplier base to fulfil this requirement.

9. Ensure smooth transition of Vendor base to Tactical team.

10. Address any escalations raised by Planning, purchase & quality functions in terms of supplier performance.

11. Develop & implement a sustainable sourcing strategy.

12. Work on alternate sources for Key RM/PM/Consumables & derisk the business.

13. Preparation of the annual Purchasing Budget considering all the variable factors.

14. Getting update on NPD regularly from the Respective stake holders. 15. Coordination and support for purchase of sample Orders.

16. Handle the Purchases for Trial Order purchases.

17. Ensure smooth Transition of NPD approved products to the commercial Purchase.

Competencies

Market & Process Knowledge.

• Exposure to E sourcing and Digitization
• Presentation skills & MIS
• Process Orientation
• Customer Focus
• Cost Consciousness.
• Teamwork & Accountability

Qualification

Engineering Graduate, Preferably in Electronics/Mechanical stream.

• Diploma In Supply chain management.

Work Experience

12 - 15 years of experience in related field • Strong preference for candidates with Global sourcing experience & specifically in medical devices. • Good communication & presentation skills. • Thorough knowledge of commercials both in terms of domestic & imports. • Exposure to SAP is a must.