Key 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 year‑on‑year (YoY) cost‑reduction projects by deploying multiple sourcing levers such as supplier consolidation, alternate sourcing, index‑linked pricing, VA/VE initiatives, payment‑term optimization, and volume aggregation.

- Lead RFQs/RFPs and supplier negotiations covering index‑linked pricing, escalators/de‑escalators, volume discounts, payment terms, service levels and should costing models

- Drive demand aggregation across plants/business units to maximize commercial leverage.

- Establish and manage long‑term supply agreements with strong commercial governance.

Commodity Risk &

- Supply Assurance

- Assess exposure to raw‑material price volatility and supply‑side risks.

- Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and supply‑continuity 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 long‑term, cooperative partnerships focused on resilience and continuous improvement.

Technical &

- Cross‑Functional 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 new‑part validation from a techno‑commercial 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 cost‑reduction targets

, and savings realization against approved business cases.

Key Skills &

- Competencies

- Strategic sourcing and commercial negotiation

- Proven ability to drive YoY cost‑reduction initiatives using multiple sourcing and commercial levers.

- Strong financial, analytical and commercial acumen with a TCO‑driven mindset

- Good knowledge of domestic and import sources for small home appliances.

- Commodity price‑risk and volatility management

- Index‑linked and formula‑based pricing mechanisms

- Supplier discovery, audits, and SRM

- Understanding of technical specifications and standards

- Import/export and trade compliance

- ERP and data analytics capability

- Cross‑functional stakeholder management

- Strong communication and structured problem‑solving skills

Role Requirements

- Field / Category:

Sourcing &

- Procurement – Small Home Appliances and Kitchen Appliances

- Experience:

10–15 years of relevant experience in sourcing and procurement of small home appliances and kitchen appliances

- Qualification:

Bachelor’s degree in Engineering (Mechanical / Industrial / Production / Metallurgy)

- MBA preferred

📌 Sourcing - Finished Goods (Consumer Electric Appliances and Renewable Energy) (Kochi)
🏢 V-Guard
📍 Kochi