JOB DETAILS 1. Commodity Management
• Develop and implement sourcing strategies for assigned commodities
• Conduct market analysis to identify trends, risks, and opportunities.
• Lead supplier selection, qualification, and onboarding processes.
• Manage commodity spend and identify opportunities for cost reduction. 2. Supplier Management
• Build and maintain strong relationships with key suppliers to ensure performance, innovation, and compliance.
• Conduct regular supplier reviews and performance evaluations.
• Develop supplier scorecards and KPIs to monitor quality, delivery, and service levels. 3. Contract Negotiation & Management
• Lead contract negotiations for commercial terms and mitigate risk.
• Collaborate with legal and compliance teams to ensure contracts meet regulatory and business requirements.
• Maintain a repository of contracts and ensure timely renewals and amendments. 4. Cross-Functional Collaboration
• Work closely with internal stakeholders to align sourcing strategies with business needs.
• Support current product development and operational initiatives through early supplier involvement.
• Act as a liaison between business units and suppliers to resolve issues and drive continuous improvement. 5.



Risk Management & Compliance
• Identify and mitigate supply chain risks including geopolitical, financial, and operational risks.
• Ensure compliance with internal policies, industry standards, and regulatory requirements.
• Support sustainability, diversity, and ethical sourcing initiatives. EXTERNAL & INTERNAL RELATIONSHIPS: External: Suppliers & Service Providers Internal: All Stake Holders TRAVEL REQUIREMENTS Areas: Position based at Bengaluru & Dharwad Frequency: Based on need basis. ____________________________________________________________________________ REQUIRED QUALIFICATIONS AND EXPERIENCE
• Bachelor’s degree in engineering.
• 6
- 15 years (multiple openings such as Sr. Engineer to Dy. Manager) of experience in strategic sourcing, procurement, or supply chain management.
• Proven track record of delivering cost savings and process improvements.
• Strong negotiation and contract management skills.
• Proficiency in procurement tools and ERP systems.
• Excellent analytical, communication, and stakeholder management skills.
• Candidates only from Manufacturing background preferred.

📌 Strategic Sourcing Specialist (Bengaluru)
🏢 Nidec Power
📍 Bengaluru