Sourcing Manager – Freight Component Global Sourcing

Job description

Role Purpose

The Sourcing Manager – Freight Component will drive BCC sourcing from India across various commodities such as Forging, Casting, Raw Materials, Fabrication, Electrical, Electronics, and Diversified Products for Freight Components (Global Sourcing). Key focus areas include identify BCC source, develop required components, drive cost out, ensure delivery & Quality performance against need by date, price fixation, contract sign off with key suppliers, payment term optimization, supplier relationship management primarily for Freight component business.

Key Responsibilities

Develop and execute category sourcing strategies aligned with AOP and STRAP objectives End-to-end management of development, pricing, delivery, and Quality for Freight Component exports from India-based suppliers Deliver year-over-year cost productivity (deflation) through localization, contract management and SCRI initiatives. Partner cross-functionally for Right First Time and On-Time execution of deflation projects.

Drive Supplier Capacity Management.

Leverage India supply base for global sourcing Drive Localization and import substitution initiatives

• Establish and manage long-term supplier agreements Lead Strategic Supplier Relationship Management (SRM)
• Identify and mitigate supplier risks Support India Freight Services sourcing strategy

Scope & Impact

• Manage spend of ~USD 30M across 600+ parts
• Influence global stakeholders and cross-functional teams Key Performance Indicators (KPIs) Cost Productivity (YoY Net deflation %) CFOA Improvement Incremental Spend and Deflation from Global Sourcing Projects.

Supplier on-time delivery and quality performance Drive Localization and import reduction Improvement in Spend-Under Contract. Supplier Risk Management.

Qualifications & Experience

Bachelor’s degree in mechanical / production engineering. MBA (Supply Chain) / EMBA – preferred CPSM or equivalent certification – preferred 10-12 years of experience in strategic sourcing Global sourcing and supplier development experience Willingness to travel up to 25%