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Assistant Manager - Mechanical Sourcing

Assistant Manager - Mechanical Sourcing

ConfidentialBengaluru / Bangalore, India
5 days ago
Job description

Position Overview

The Assistant Manager of direct Sourcing will play a critical role in managing the sourcing and procurement of indirect materials and services, ensuring optimal cost, quality, and supplier performance. This role involves working closely with stakeholders to understand procurement needs, evaluating suppliers, negotiating contracts, and driving continuous improvements within the supply chain. An engineering background will be advantageous in understanding technical requirements and optimizing sourcing strategies.

Key Responsibilities

Sourcing and Procurement

Develop and execute sourcing strategies for direct categories for Mechanical components such as Machined parts, Structures, and more.

Collaborate with internal teams to understand and anticipate sourcing needs and to ensure timely procurement.

Identify, evaluate, and onboard reliable suppliers aligned with company standards and strategic goals.

Supplier Management

Build and maintain strong relationships with suppliers to secure competitive pricing and reliable service.

Conduct regular supplier performance reviews based on quality, cost, and delivery metrics, and drive improvements.

Resolve any supplier-related issues, addressing performance concerns proactively.

Cost Optimization and Negotiation

Analyze market trends and sourcing data to identify cost-saving opportunities without compromising quality.

Lead negotiations with suppliers to establish contracts that meet business requirements for cost, quality, and delivery.

Work on achieving cost-reduction targets and contribute to overall organizational profitability.

Risk Management

Evaluate and mitigate sourcing risks by ensuring supplier compliance with organizational standards and industry regulations.

Develop contingency plans to address potential supply chain disruptions.

Data Analysis and Reporting

Utilize procurement data to monitor sourcing activities, supplier performance, and contract compliance.

Prepare reports and presentations to communicate sourcing performance, savings achieved, and improvement initiatives.

Process Improvement

Identify and implement process improvements within the procurement function to increase efficiency.

Required Qualifications

Bachelor's degree in supply chain management, business, engineering, or a related field; an engineering background is an advantage.

Minimum of 5 years of experience in sourcing, procurement, or supply chain management, with a focus on indirect categories.

Strong negotiation, communication, and analytical skills.

Proficiency in procurement software (e.g., SAP, Ariba) and Microsoft Office Suite.

Ability to analyze data and make data-driven decisions.

Knowledge of procurement best practices, supplier management, and contract negotiation.

Preferred Qualifications

Bachelor Degree

Key Competencies

Strong analytical and problem-solving skills

Excellent communication and interpersonal abilities

Strategic thinking and cost management skills

Ability to work in a fast-paced, dynamic environment

Skills Required

Ariba, Sap, Data Analysis, Supplier Management, procurement software , Contract Negotiation, Microsoft Office Suite

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Sourcing Manager • Bengaluru / Bangalore, India

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