Role & responsibilities

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 yearonyear (YoY) costreduction projects by deploying multiple sourcing levers such as supplier consolidation, alternate sourcing, indexlinked pricing, VA/VE initiatives, paymentterm optimization, and volume aggregation.
- Lead RFQs/RFPs and supplier negotiations covering indexlinked pricing, escalators/deescalators, volume discounts, payment terms, service levels and should costing models
- Drive demand aggregation across plants/business units to maximize commercial leverage.
- Establish and manage longterm supply agreements with solid commercial governance.

Commodity Risk & Supply Assurance

- Assess exposure to rawmaterial price volatility and supplyside risks.
- Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and supplycontinuity 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 longterm, collaborative partnerships focused on resilience and continuous improvement.

Technical & CrossFunctional 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 newpart validation from a technocommercial perspective.

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 costreduction targets, and savings realization against approved business cases.

Preferred candidate profile

Key Skills & Competencies

- Strategic sourcing and commercial negotiation
- Proven ability to drive YoY costreduction initiatives using multiple sourcing and commercial levers.
- Strong financial, analytical and commercial acumen with a TCOdriven mindset
- Good knowledge of domestic and import sources for small home appliances.
- Commodity pricerisk and volatility management
- Indexlinked and formulabased pricing mechanisms
- Supplier discovery, audits, and SRM
- Understanding of technical specifications and standards
- Import/export and trade compliance
- ERP and data analytics capability
- Crossfunctional stakeholder management
- Strong communication and structured problemsolving skills

Qualifications & Experience

- Bachelors degree in engineering (Mechanical / Production / Industrial/ Metallurgy)
- MBA / PGDM in Supply Chain, Operations, or Procurement (preferred)
- 10-15 years of experience in strategic sourcing or commodity management of nonferrous metals
- Experience in the Solar Power systems , FMEG industries are strongly preferred

📌 Deputy Manager - Sourcing (Finished Goods) (Kochi)
🏢 V-Guard
📍 Kochi