Job Description: - We are looking for an experienced and strategic Sourcing Manager with 1012 years of experience in electrical and bought-out components sourcing within the electronics / electronic products industry. - The ideal candidate will have deep expertise in supplier development, cost negotiations, and procurement strategies, ensuring a reliable supply base while meeting cost, quality, and delivery targets. Responsibilities: - Strategic Sourcing: Develop and execute sourcing strategies for electrical parts (connectors, wires, relays, switches, motors, etc.) and bought-out assemblies. - Supplier Identification & Development: Identify and qualify new suppliers based on capability, capacity, quality, and cost-effectiveness. Drive supplier development and performance improvements. - Cost Optimization: Lead cost benchmarking, negotiations, and cost reduction initiatives while ensuring component quality and supplier reliability. - Supplier Management: Build strong, collaborative relationships with key suppliers. Monitor supplier performance using KPIs (OTD, quality, responsiveness). - Contract Management: Negotiate commercial terms and manage contracts, pricing agreements, and service-level agreements. - Risk Management: Identify sourcing risks and develop contingency plans to ensure business continuity. - Cross-functional Collaboration: Work with engineering, quality, and production teams for sourcing decisions, component localization, and BOM finalization. - Market Intelligence: Stay updated on market trends, raw material price fluctuations, and technology changes to make informed sourcing decisions. - Procurement Process Compliance: Ensure adherence to internal procurement policies and quality management systems (ISO/QMS). - Inventory Planning Support: Coordinate with planning teams to manage lead times, safety stocks, and demand forecasting. - Tooling and Sample Development: Oversee initial sampling, vendor qualification, and tooling approval processes for new sourced components. Requirements: - Master's/Bachelor's degree in a related technical discipline. - 5-8 years of experience in sourcing, procurement, or supply chain roles, specifically in electrical and bought-out parts. - Strong negotiation and analytical skills with a track record of supplier cost optimization. - Solid understanding of electrical components, specifications, and technical drawings. - Excellent interpersonal, communication, and supplier relationship management skills. - Proficiency in MS Office and ERP systems. Experience in electronics, EMS, or capital equipment manufacturing sectors. - Knowledge of global sourcing and import/export regulations.

Bangalore

Karkhana.io - Sourcing Manager - Electrical & Boughtouts Segment 

Job Description for Karkhana.io - Sourcing Manager - Electrical & Boughtouts Segment  in Karkhana.io  in  Bangalore for (5-12) years of experience. Apply Now!