Understand market dynamics and support strategies for assigned commodities & proactively drive initiatives to meet sourcing objectives. Support commodity buys.
- Assess supplier capabilities and make recommendations on purchases with recent vendor developments
- Acts as functional expert for the development and negotiation of purchasing contracts for the organization e.g. for partnering, strategic alliances, technology transfers. Provides contracting expertise as needed across the organization.
- Take initiatives & propose Vendor Development, cost reductions, Lead-time reduction, lean etc.
- Manage supplier relationships in the best interest of company
- Work across factory teams and in tandem with Engineering, Shop, MMI, Process specialists, Quality (Shop + Supplier), Purchase & Logistics teams for timely supplies
- RFQ preparation based on all the technical information and requirement.
- Cost estimation, Quotation Tabulation and Budgetary cost consumption data preparation.
- Negotiation with selected vendors. (Lead negotiations with key suppliers,



ensuring favorable pricing and terms as per the business need.)
- Order placing on Suitable vendor considering cost, Supplier Qualification, technical competency, Budget & delivery.
- Monitor Supplier performance & drive for improvement plans.
- Maintain strong relationships with existing suppliers and build new relationships to diversify the supply base.
- Assess and mitigate risks associated with suppliers, such as supply chain disruptions or quality issue.
- Align KPI’s & strategize the goal in accordance with the Function’s KPIs(Spend, Payment Terms, deflation, OTD, PR to PO cycle, etc.)
- Work closely with internal and external stake holders to define sourcing requirements, ensuring alignment with operational needs
- Process and procurement knowledge pertaining to Forging, valve internal, bearing, Commodity management, Medium and heavy component machining along with Special Process knowledge.
- Develop and implement pr

📌 Lead Sourcing Specialist (Sanand)
🏢 Powerstatic Solutions India Private
📍 Sanand