Strategic Sourcing Manager - Bought Outs

Role overview

What will you do

• Develop and implement sourcing strategies aligned with corporate goals for cost, quality, and risk management.
• Drive ESG initiatives and best practices within the category and supplier network.
• Lead India localization projects and alternate sourcing strategies to support project requirements.
• Build strategic supplier partnerships for reliability, innovation, and competitive advantage.
• Support proposals with early pricing engagement and cost estimation during product development.
• Negotiate global and local contracts for favourable commercial terms and compliance.
• Analyse category spend data to identify savings opportunities and optimise procurement performance.
• Drive category cost-reduction projects and generate savings against organisational requirements.
• Monitor supplier performance and lead continuous improvement initiatives.

Compliance and risk management

• Ensure adherence to company policies, regulatory requirements, and ethical sourcing standards.
• Identify and proactively mitigate supply chain risks.
• Provide regular reports on category performance, savings, and localization progress.

Experience and capabilities

• Strong costing knowledge is mandatory.
• Supplier contacts or experience covering components such as heat exchangers, pressure vessels, pumps, valves, actuators, bearings, couplings, fittings, trailers, braking systems, or axles is highly desired.
• Experience in Capex/Opex is desirable.
• Strong negotiation and vendor management capabilities are required.
• Ability to support customer RFQs with reliable cost inputs.
• Strong analytical, technical, problem-solving, and cross-functional collaboration skills are required.

Educational qualifications

• A bachelor's or master's degree in mechanical, production, instrumentation, or manufacturing engineering is listed.
• An MBA in supply chain or operations is preferred.
• Seven or more years of experience in strategic sourcing or category management is required.
• Knowledge of ESG, localization strategies, and digital procurement tools is required.

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