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, 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 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.
• Robust 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
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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