Head - Strategic Sourcing

Propel Industries; Coimbatore District; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Propel Industries seeks a seasoned Strategic Sourcing leader to shape procurement strategy across castings, forgings, machined parts, and other critical commodities. You will align with product, cost, quality and delivery goals while building strong supplier partnerships.

The role requires broad experience in supplier development, negotiations, risk management and localization, and will lead a procurement team to drive cost reduction and supply continuity.

Qualifications

• 1525 years of experience in Strategic Sourcing / Procurement / Supply Chain within manufacturing.
• Strong preference for candidates from Construction Equipment, Heavy Equipment, Automotive/Industrial OEM, Heavy Engineering, or similar manufacturing industries.
• Strong exposure to manufacturing components and engineering commodities, including castings, forgings, machining, fabrication, hydraulics, electricals, and bought-out components.
• Proven experience in strategic supplier development, negotiations, cost reduction, localization, and supplier risk management.
• Strong commercial acumen with the ability to work closely with senior management and cross-functional teams.
• Experience in managing large supplier portfolios and strategic commodities is preferred.
• Strong leadership, analytical, negotiation, and stakeholder-management skills.

Responsibilities

• Develop and implement the overall strategic sourcing strategy aligned with business objectives.
• Lead sourcing of castings, forgings, machined components, fabrication, hydraulics, and electronics.
• Identify, evaluate, and develop new suppliers based on capability and delivery performance.
• Establish and manage strategic supplier partnerships and long-term agreements.
• Drive cost reduction, VA/VE, should-cost analysis, localization, and value engineering.
• Lead supplier negotiations on price, terms, tooling, and capacity.
• Develop alternate and dual sourcing strategies to reduce supply-chain risks.
• Collaborate with Engineering, Quality, Manufacturing, Finance, and Supply Chain teams on localization.
• Drive supplier development to improve PPM, OTD, capacity, productivity, and process capability.
• Establish commodity-wise supplier strategies and cost models.
• Support New Product Development through supplier identification and RFQ.
• Monitor commodity prices and supplier risk to ensure continuity.
• Lead supplier audits and capability assessments with Quality and Engineering.
• Develop and maintain supplier base and sourcing pipeline.
• Lead annual sourcing plans, budgeting, and procurement cost improvements.
• Ensure sourcing decisions comply with policies and procurement standards.
• Lead and mentor the strategic sourcing team.

Skills

Strategic Sourcing

Supplier Development

Cost Reduction

Negotiation

Commodity Management

Should-Costing

VA/VE

Localization

Supplier Evaluation

NPD Sourcing

Dual Sourcing

Market Intelligence

Contract Management

Risk Management

Team Leadership

Education

Bachelor's Degree in Mechanical / Production / Industrial Engineering or equivalent

MBA / PGDM in Supply Chain / Procurement / Operations (added advantage)

Job description

Role & responsibilities

• Develop and implement the overall strategic sourcing strategy aligned with business, product, cost, quality, and delivery objectives.
• Lead sourcing of castings, forgings, machined components, fabricated parts, hydraulics, electrical/electronic components, bought-outs, and other critical commodities.
• Identify, evaluate, and develop new suppliers based on capability, capacity, quality, cost, technology, and delivery performance.
• Establish and manage strategic supplier partnerships and long-term sourcing agreements.
• Drive cost reduction, VA/VE, should-cost analysis, localization, and value engineering initiatives.
• Lead supplier negotiations for price, payment terms, tooling, logistics, capacity, and commercial agreements.
• Develop alternate and dual sourcing strategies for critical components to reduce supply-chain risks.
• Work closely with Engineering, Quality, Manufacturing, Product Development, Finance, and Supply Chain teams for new product and localization requirements.
• Drive supplier development initiatives to improve PPM, OTD, capacity, productivity, and process capability.
• Establish commodity-wise supplier strategy, benchmarking, market intelligence, and cost models.
• Support New Product Development (NPD) through supplier identification, RFQ, technical-commercial evaluation, and sourcing decisions.
• Monitor commodity prices, market trends, supplier financial health, and external risks to ensure business continuity.
• Lead supplier audits, capability assessments, and development plans in coordination with Quality and Engineering teams.
• Develop and maintain a robust supplier base and sourcing pipeline for future business requirements.
• Lead annual sourcing plans, budgeting, and procurement cost improvement targets.
• Ensure sourcing decisions comply with organizational quality, commercial, compliance, and procurement policies.
• Lead and mentor the strategic sourcing / procurement team and build strong commodity management capabilities.

Key Skills & Competencies

Strategic Sourcing | Supplier Development | Cost Reduction | Negotiation | Commodity Management | Should-Costing | VA/VE | Localization | Supplier Evaluation | NPD Sourcing | Dual Sourcing | Market Intelligence | Contract Management | Risk Management | Team Leadership

Educational Qualification

Bachelor's Degree in Mechanical / Production / Industrial Engineering or equivalent.

MBA / PGDM in Supply Chain / Procurement / Operations will be an added advantage.

Preferred Candidate Profile

• 1525 years of experience in Strategic Sourcing / Procurement / Supply Chain within manufacturing.
• Strong preference for candidates from Construction Equipment, Heavy Equipment, Automotive/Industrial OEM, Heavy Engineering, or similar manufacturing industries.
• Strong exposure to manufacturing components and engineering commodities, including castings, forgings, machining, fabrication, hydraulics, electricals, and bought-out components.
• Proven experience in strategic supplier development, negotiations, cost reduction, localization, and supplier risk management.
• Strong commercial acumen with the ability to work closely with senior management and cross-functional teams.
• Experience in managing large supplier portfolios and strategic commodities is preferred.
• Strong leadership, analytical, negotiation, and stakeholder-management skills.