Roles and Responsibilities - Strategic Sourcing

Develop and implement strategic sourcing plans aligned with business goals

Identify, evaluate, and onboard current suppliers for cost, quality, and delivery

Handle RFQ/RFP processes, commercial negotiations, and cost finalization

Drive cost reduction through value engineering and alternate sourcing

Analyze BOM cost and support product cost optimization

Manage supplier performance (quality, delivery, cost, responsiveness)Establish long-term agreements and rate contracts with key suppliers

Ensure timely PR to PO conversion and procurement efficiency

Coordinate with planning, production, quality, and engineering teams

Mitigate supply chain risks and ensure continuity for all customers

Monitor market trends, commodity pricing, and supplier capacity

Develop localization strategies to reduce dependency on imports

Ensure compliance with company policies and customer-specific requirements

Support audits and maintain sourcing documentation and records

Drive continuous improvement in sourcing processes and supplier development

📌 Assistant Manager - Strategic Sourcing (India)
🏢 Larsen and Toubro
📍 India