06 Aug
|
ESAB INDIA
|
Faridabad
06 Aug
ESAB INDIA
Faridabad
Role & responsibilities
Strategic Planning & Commodity Ownership
- Develop and execute 3-year commodity strategies aligned with corporate, purchasing, and business unit goals
- Take full commercial ownership of assigned suppliers and commodities, acting as the global commodity performance owner
- Facilitate commodity strategy meetings for cross-functional and cross-business audiences
- Incorporate supply base rationalization, Best Cost Country (BCC) objectives, localization strategies, and recent technology drivers into commodity plans
- Utilize commodity expertise to create and update Business Plans and Strategic Plan Metrics
Cost Management & Negotiation
- Benchmark supplier pricing and negotiate cost reductions to support GCE margin targets
- Mitigate overall inflation in the supply base and drive cost-saving projects
- Set negotiation strategy and direction for commodity-level negotiations; include appropriate team members
- Manage cost recovery initiatives and provide recovery mechanisms for cost drivers as necessary
- Drive cash flow improvement initiatives including payment terms negotiations, consignment stock agreements, and lead time reduction
- Maintain price tables and manage requisitions for pricing related to commodity contracts
Supplier Management & Development
- Drive supplier approval process and manage supply base consolidation to increase negotiation leverage
- Develop alternate sources to improve cost competitiveness and supply availability
- Establish supplier partnerships and strategic alliances to enhance commodity strategies
- Utilize supply base knowledge to manage risk from financial instability or insolvency at individual suppliers
- Partner with suppliers and factories to improve on-time delivery and reduce lead times
Sourcing Execution & Operations
- Execute sourcing capabilities to drive make-vs-buy decision-making at component and finished goods levels
- Assist other Global Commodity Managers in executing their assigned strategies,
including regional savings initiatives
- Manage and drive commodity review of projects for all relevant commodity activities
- Support global factories in overcoming short-, mid-, and long-term sourcing constraints
- Coordinate with GCE legal team to ensure contractual obligations minimize risk to the Company
- Store contracts according to GCE Corporation policy and determine contract turnover levels
Commodity Expertise in Mechanical Manufacturing
- Develop and manage sourcing strategies for mechanical commodities including raw materials (brass, copper, steel) and fabricated components (machining, forgings, fittings, flexi-hoses, press work, soldering) serving industrial and medical valve applications.
- Execute raw material hedging strategies and commodity price management to mitigate commodity price volatility and supply chain disruption.
- Manage supplier relationships across the manufacturing value chain, from raw material processors to component manufacturers to OEMs producing finished valves.
- Leverage market intelligence on commodity price trends to inform sourcing strategy and negotiate optimal pricing across the production chain.
Market Intelligence & Technology
- Analyze market trends and influence factory decision-making with actionable insights
- Possess and continuously develop knowledge of supply market trends, associations, trade publications, and indexes
- Participate in Advanced Technology projects related to commodities and negotiate with technology partners to mitigate downstream risk
- Utilize Advanced Technology knowledge to set technological direction for commodity strategies
Team Development
- Mentor and coach junior team members to develop high-grade talent within the sourcing organization
- Lead ad hoc cross-functional teams spanning business units and purchasing functions
Preferred candidate profile
Education
- Bachelors degree in engineering (Mechanical, Production, Industrial), (required)
- Advanced degree or professional certification (e.g., CPSM, CIPS,CSCP), supply chain, Logistics, or a related field is a plus
Experience
- 10–15 years of experience in Purchasing or Sourcing roles within manufacturing-related industries (required)
- Proven track record in a global or multinational organization, with hands-on experience managing global suppliers across multiple regions (required)
- Demonstrated experience interacting with global stakeholders across different time zones, cultures, and business environments (required)
- Experience in strategic sourcing, finance, and/or project/program management (desired)
- Experience in strategic sourcing and management of mechanical commodities, raw materials, and complex manufacturing categories in industrial, OEM, or contract manufacturing environments (desired)
- Experience in international contract review and negotiation (desired)
Technical Skills
- Proficient in Microsoft Excel (formulas, pivot tables, data analysis)
- Strong understanding of mechanical manufacturing processes including raw material procurement, commodity hedging strategies, and component manufacturing (machining, forgings, fittings, press work, soldering)
- Familiarity with industrial and medical valve design, specifications, and manufacturing standards
- Familiarity with ERP systems and e-sourcing tools.
Language & Mobility
- Fluent in English (written and spoken); additional European languages are a plus.
- Ability to travel domestically and internationally as business needs require.
📌 Global Sourcing Manager (Faridabad)
🏢 ESAB INDIA
📍 Faridabad