Assistant Manager - Strategic Sourcing

Larsen & Toubro Ltd; Coimbatore District; On-site; INR 1,400,000 - 2,100,000; Full time

Job summary

Larsen & Toubro Ltd in India seeks an Assistant Manager - Strategic Sourcing to develop and implement strategic sourcing plans aligned with business goals and coordinate with planning, production, quality, and engineering teams.

You will manage supplier onboarding, RFQ/RFP processes, negotiations, and drive cost reduction through value engineering and localization strategies to reduce import dependency.

Qualifications

• Develop and implement strategic sourcing plans aligned with business goals.
• Identify, evaluate, and onboard new suppliers for cost, quality, and delivery.
• Handle RFQ/RFP processes, commercial negotiations, and cost finalization.
• Drive cost reduction through value engineering and alternate sourcing.
• Analyze BOM cost and support product cost optimization.
• Manage supplier performance (quality, delivery, cost, responsiveness).
• Establish long‑term agreements and rate contracts with key suppliers.
• Ensure timely PR to PO conversion and procurement efficiency.
• Coordinate with planning, production, quality, and engineering teams.
• Mitigate supply chain risks and ensure continuity for all customers.
• Monitor market trends, commodity pricing, and supplier capacity.
• Develop localization strategies to reduce dependency on imports.
• Ensure compliance with company policies and customer‑specific requirements.
• Support audits and maintain sourcing documentation and records.
• Drive continuous improvement in sourcing processes and supplier development

Responsibilities

• Develop and implement strategic sourcing plans aligned with business goals.
• Identify, evaluate, and onboard new suppliers for cost, quality, and delivery.
• Handle RFQ/RFP processes, commercial negotiations, and cost finalization.
• Drive cost reduction through value engineering and alternate sourcing.
• Analyze BOM cost and support product cost optimization.
• Manage supplier performance (quality, delivery, cost, responsiveness).
• Establish long‑term agreements and rate contracts with key suppliers.
• Ensure timely PR to PO conversion and procurement efficiency.
• Coordinate with planning, production, quality, and engineering teams.
• Mitigate supply chain risks and ensure continuity for all customers.
• Monitor market trends, commodity pricing, and supplier capacity.
• Develop localization strategies to reduce dependency on imports.
• Ensure compliance with company policies and customer‑specific requirements.
• Support audits and maintain sourcing documentation and records.
• Drive continuous improvement in sourcing processes and supplier development

Job description

Assistant Manager - Strategic Sourcing

Roles and Responsibilities - Strategic Sourcing

• Develop and implement strategic sourcing plans aligned with business goals
• Identify, evaluate, and onboard new suppliers for cost, quality, and delivery
• Handle RFQ/RFP processes, commercial negotiations, and cost finalization
• Drive cost reduction through value engineering and alternate sourcing
• Analyze BOM cost and support product cost optimization
• Manage supplier performance (quality, delivery, cost, responsiveness)
• Establish long‑term agreements and rate contracts with key suppliers
• Ensure timely PR to PO conversion and procurement efficiency
• Coordinate with planning, production, quality, and engineering teams
• Mitigate supply chain risks and ensure continuity for all customers
• Monitor market trends, commodity pricing, and supplier capacity
• Develop localization strategies to reduce dependency on imports
• Ensure compliance with company policies and customer‑specific requirements
• Support audits and maintain sourcing documentation and records
• Drive continuous improvement in sourcing processes and supplier development