Sourcing Manager (India)

Sourcing Manager (India)

14 Sep
|
Ferrolinks
|
India

14 Sep

Ferrolinks

India

To manage and develop a reliable supplier base, ensure timely sourcing of materials and services at competitive costs, and maintain the required quality and delivery standards to support uninterrupted production.

Key Responsibilities

1. Supplier Development & Management

- Identify, evaluate and develop new suppliers based on quality, cost, delivery and capacity.

- Maintain and strengthen relationships with existing suppliers.

- Conduct supplier performance reviews and improvement activities.

- Develop alternate and backup suppliers for critical materials.

2. Sourcing & Cost Management

- Source raw materials, bought-out components, consumables, subcontracting and other requirements.

- Obtain and compare quotations and negotiate prices, payment terms and delivery schedules.

- Drive cost reduction through alternate sourcing, value engineering and supplier negotiations.

- Monitor market trends and material price movements.

3. Purchase Planning & Delivery

- Coordinate with Production, PPC, Quality and Stores to understand material requirements.

- Ensure timely availability of materials as per production requirements.

- Follow up with suppliers for order confirmation, dispatch and delivery.

- Take corrective action for delayed or critical supplies.

4. Supplier Quality

- Coordinate with Quality for supplier quality issues and corrective actions.

- Support supplier audits and capability assessments.

- Ensure suppliers comply with company quality requirements and specifications.

- Track and improve supplier rejection and PPM performance.

5. Commercial & Documentation

- Review purchase enquiries, quotations, purchase orders and commercial terms.

- Maintain sourcing records, supplier database and price history.

- Ensure compliance with approved supplier and procurement procedures.

6. Team & Process Management





- Lead and develop the sourcing/purchase team.

- Establish sourcing KPIs and monitor performance.

- Improve procurement processes and reduce lead time.

- Prepare MIS reports on cost savings, supplier performance, pending orders and delivery status.

Key Performance Indicators (KPIs)

- Cost reduction / annual savings

- On-time delivery (OTD)

- Supplier quality / rejection PPM

- Supplier development and alternate sourcing

- Purchase price variance

- Reduction in material lead time

- Supplier performance rating

- Inventory and procurement efficiency

Qualification

- Bachelor’s degree in Mechanical Engineering / Production / Supply Chain / Business Administration.

- MBA / PG qualification in Supply Chain or Procurement will be an added advantage.

Experience

- 8–15 years of experience in sourcing/procurement, preferably in manufacturing, engineering, auto components or casting industries.

- Strong experience in supplier development, cost negotiation and commercial management.

Required Skills

- Supplier negotiation and relationship management

- Costing and cost reduction

- Vendor development

- Supply chain and procurement planning

- Strong communication and follow-up skills

- Analytical and decision-making ability

- ERP / SAP / procurement software knowledge

- MS Excel and MIS reporting

- Knowledge of manufacturing processes and materials

Personal Attributes

- Strong ownership and accountability

- Result-oriented approach

- Good negotiation skills

- Ability to work under pressure

- Team leadership and coordination

- Strong problem-solving capabilityIf you tell me your industry (casting/auto components/general engineering) and the number of years of experience required, I can make this into a more specific Sourcing Manager JD with KRAs, KPIs and monthly targets.

Pay: ₹25,000.00 - ₹60,000.00 per month

Perks:

- Provident Fund

Work Location: In person

📌 Sourcing Manager (India)
🏢 Ferrolinks
📍 India

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