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 new 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.

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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.
- Solid 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