Job Description
Responsibilities
Strategic and Planning:
Define and drive the sourcing and cost optimization strategy for the Bought Out category.
Prepare and manage Bought Outs Budget for Engineering & ACGi.
Drive long-term business continuity and ensure compliance with business rules.
Oversee inventory management—monitor, review, and drive actions to reduce free and non-moving inventory.
Functional Core:
Conduct spend analysis to identify high-cost part families and cost-saving opportunities.
Evaluate vendor strengths and weaknesses and implement improvement plans.
Identify, qualify, and onboard suppliers based on QCD (Quality, Cost, Delivery) parameters.
Drive de-risking initiatives by developing alternate sources and onboarding recent technology suppliers.
Lead commercial settlements and rate contracts with synergy and high-value suppliers.
Monitor and adopt recent products and technologies relevant to ACG's machine manufacturing business.
Ensure solid process orientation, identifying and bridging operational gaps.
Demonstrate awareness of automation and bought-out components such as HMI, PLC, servo motors, switchgears, drives, pneumatics, sensors, IPCs, and bearings.
Drive digital initiatives such as Sourcing Analytics, SRM, ME11/ME12, MRO Outsourcing, and Online Auctions.
Utilize SAP MM module for material management, sourcing, and vendor evaluation processes.
Lead cross-functional teams (CFTs) for strategic sourcing and cost-reduction projects.
📌 Manager Bought Out Vertical Pune (India)
🏢 ACG
📍 India