Assistant Manager / Deputy Manager /Manager – Sourcing- Finished
Goods – Consumer Electric Appliances and Renewable Energy.
Location: - Cochin
Field: - Sourcing/Procurement – Small home appliances
Key Responsibilities1. 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 robust commercial governance.
2.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, collaborative 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 current-part validation from a techno-commercial perspective.
1. 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
Experience 10 - 15 years in sourcing/procurement of small home appliances and kitchen appliances.
Qualification
- Bachelor’s degree in engineering (Mechanical/Industrial/ Production/ Metallurgy)
- Preferably with MBA.
📌 Sourcing Manager - Finished Goods (Kochi)
🏢 V-Guard
📍 Kochi