Job Title- Category Management Specialist- (E-Sourcing)
About the Role : We are seeking a highly motivated and results-oriented Commodity Manager to join our dynamic procurement team. In this critical role, you will be responsible for developing and executing sourcing strategies for E Sourcing, eRFQ, eRFI, etc. You will play a key role in ensuring the timely and cost-effective procurement of high-quality components to support our company's growth and innovation.
Key Responsibilities :
- Sourcing Strategy Development for E Sourcing, eRFQ, eRFI, etc.
- Conduct market research and analysis to identify and qualify potential suppliers.
- Develop and implement competitive sourcing strategies, benchmarking, including RFQs, negotiations, and contract awards.
- Identify and evaluate new technologies and suppliers to ensure a competitive advantage.
- Supplier Relationship Management.
- Develop and implement e sourcing strategies alignment with business objectives and procurement goals.
- Monitor supplier performance and address any quality, delivery, or cost-related issues.
- Contract Management.
- Negotiate and manage contracts with suppliers, ensuring compliance with all relevant terms and conditions.
- Monitor contract performance and identify any potential risks or issues.
- Cost Management.
- Identify and implement cost-reduction initiatives, such as value engineering and supplier consolidation, Resourcing.
- Track and analyze commodity prices and market trends.
- Develop and implement strategies to mitigate supply chain risks and ensure cost competitiveness.
- Supply Chain Optimization.
- Collaborate with cross-functional teams (e.g., engineering, operations, logistics) to optimize the supply chain.
- Identify and implement process improvements to enhance efficiency and reduce costs.
- Integrate sustainability considerations into all sourcing decisions.
- Work with suppliers to promote responsible sourcing practices and reduce environmental impact.
- Data Analysis and Reporting.
- Track and analyze key performance indicators (KPIs), such as cost, quality, and delivery etc.
- Prepare regular reports on sourcing activities and performance.
Qualifications :
Bachelor's degree in Supply Chain Management, Engineering, Business, or related field.5-6 years of experience in commodity management, procurement or related field.Proven experience with e Sourcing platforms (Ariba, Zycus, etc)Strong understanding of Material / Metal technologies and market trends.Excellent negotiation and communication skills.Strong analytical and problem-solving skills.Proficiency in Microsoft Excel and other data analysis tools.Experience with ERP systems (e.g., SAP, Oracle) preferred.Experience in a fast-paced, high-growth environment preferred.Skills :
Strategic SourcingSupplier NegotiationContract ManagementMarket AnalysisCost ReductionSupply Chain OptimizationData AnalysisCommunication & CollaborationProject Management