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 solid relationships with existing suppliers and build current 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