Head - Strategic Sourcing
Description:
- Head Strategic Sourcing.
- Location Karnataka.
Role Overview:
- The position will ensure efficient operations by overseeing Procurement, Sourcing, Vendor management, and Logistics optimization.
- The incumbent will oversee Strategic Material Sourcing, Supplier relationship management, and inventory control for cost-effective, quality-driven outcomes.
- The incumbent will evaluate and analyse lag and lead indicators, past performance data to forecast needs, and production scheduling to meet the budgeted targets of plants.
- Enhancing logistics efficiency, managing costs, mitigating risks, and driving continuous process improvement are crucial part of the role to ensure seamless supply chain operations aligned with business goals.
Key Responsibilities:
- Develop strategies, policies, procedures, and guide team to optimize the value of the entire function viz procurement, sourcing and logistics across all verticals of the engineering business.
- Manage supply chain budgets, forecasts, and cost controls across procurement, logistics, and warehousing to meet financial targets.
- Develop and execute risk mitigation and crisis management plans to ensure business continuity.
- Build, maintain, and review strategic supplier partnerships to improve cost, quality, and delivery performance.
- Drive technology adoption and innovation to enhance supply chain efficiency and visibility.
- Align supply chain operations with customer needs, sales plans, and manufacturing capacity to ensure order compliance and on-time delivery (domestic and export).
- Establish, monitor, and report supply chain KPIs using data analytics; implement corrective actions where required.
- Review SOPs, monitor execution, and drive outcomes through periodic performance reviews.
- Oversee inventory management, logistics, distribution networks, and regulatory compliance to minimize risk and optimize costs.
- Collaborate closely with Sales, Production, Finance, Product, and other stakeholders to support projects and business objectives.
- Lead, develop, and mentor high-performing teams; set performance targets, manage people budgets, and foster a collaborative culture.
Qualification / Requirements from Candidate Applying for this role:
- Must be a Full time Graduate Engineer (B.Tech)Preferably Mechanical.
- Post-Graduation MBA from Premiere Institutes like IIM, ISB, etc.
- would be an added advantage.
- Minimum 20+ Years of Experience, out of which at least 7+ years of experience should be in a Strategic sourcing role with an Auto Tier -1.
- Proven track record of understanding the pains and challenges of dealing with Entrepreneurial / Family managed suppliers is essential for this role.
- Breadth and Depth of Automotive Product Knowledge including but not limited to working closely with departments like R&D, NPD, Manufacturing, Quality and successfully leveraging your strategic sourcing experience in ensuring faster TATs on Future Products.
- Excellent Understanding of Domestic supply base and Global sourcing.
- Familiarity with Design & Development approach for BOP components, exposure to automotive standards.
- Significant Strong leadership skills & experience is required, including strategic sourcing approaches and comprehensive financial and budgetary competence in sourcing financials.
- Must have extensive knowledge of commodities and components, including understanding configurations, applications, specifications, BOM, and manufacturing processes.
- Manufacturing Process understanding includes trending technologies in Steel, Forging, Casting, Machining, Bearings, Sheet Metal, Surface Treatment, Plastics.
- Strong problem solving & analytical skills.
- Knowledge on the pricing of similar products /solutions of international range of suppliers.
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