Job Description

The Sourcing Manager will be primarily responsible for developing recent and potential vendors, along with streamlining the existing ones. He/she will also be responsible for driving DFM changes to drive down cost and lead times.

Drive and execute Annual and Strategic Plan with supporting strategies
Lead DFM opportunities with suppliers along with Engineering and Process functions
Manage Category and Commodity Strategies including spend analysis, Benchmarking, Cost, Market Analysis and Global Technology / Economic trends
Ensure Relationship development and management with key Supplier Leaderships
Align with Product management, R&D;, Operations, Finance and Quality and other departments
Manage Supplier selection, RFQ and RFI process, Negotiation, Contracting and supplier performance processes
Ensure Relationship development and management with key Supplier Leaderships
Manage Supplier selection, RFQ and RFI process,



Negotiation, Contracting and supplier performance processes by maintaining Supplier Scorecards
Apply effective Sourcing supplier risk assessment methodologies to ensure supplier continuity
Improve Working Capital through Payment Terms extensions, Payment cycle optimization, Vendor Managed Inventories Inventory and Lead time reductions.
Manage fixed assets capital procurement by establishing sustainable vendor base and develop a strong and robust Capital equipment’s expenditure process.
Manage Annual spend worth 150 cr INR by creating a sustainable vendor base.
Should have developed alternate OEM during the tenure as Sourcing Lead.
Should have completed cost reduction projects to the tune 10-15% of spend YOY.

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📌 Manager / Sr Manager - Sourcing (Navi Mumbai)
🏢 IdeaForge
📍 Navi Mumbai