Lead - Supply Chain Management (SCM) - Electrical & Electronics

Lakshmi Machine Works (LMW); Coimbatore District; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Lakshmi Machine Works (LMW) seeks a Senior Strategic Sourcing professional to lead the development and execution of sourcing strategies for key spend areas, collaborating with Engineering and Marketing to align purchasing with core processes. You will champion supplier relationships and drive savings through structured plans and market insights.

You will guide Core or Lead Buyers, manage supplier engagement, and ensure TCO reductions are realized across major commodity groups, while staying

Qualifications

• Experience leading strategic sourcing initiatives for category groups (Electrical & Electronics) is preferred.
• Ability to collaborate with Engineering and Marketing to drive purchasing engagement in core processes.
• Strong focus on cost optimization, supplier management, and contract alignment.

Responsibilities

• Oversee development and execution of strategies through the strategic sourcing process for specific Category (Electrical & Electronics) Group of spend areas.
• Serve as primary champion and process leader for the strategic sourcing process for each of the spend areas.
• Measure and track forecasted vs actual savings and communicate performance and budget impact.
• Lead strategic sourcing efforts with key stakeholders to ensure purchasing is engaged in core business processes.
• Set priorities and performance goals for Core or Lead Buyers and oversee annual strategic sourcing plans.
• Oversee the process to select and manage suppliers and establish contractual relationships with senior supplier management.
• Drive small and disadvantaged business sourcing objectives and align savings with budgets and operating plans.
• Ensure sourcing strategies are implemented and Total Cost of Ownership reductions are achieved.

Job description

Role & responsibilities

• Oversee the development and execution of strategies through the strategic sourcing process for specific Category (Electrical & Electronics) Group of spend areas
• Serve as primary champion and process leader for the strategic sourcing process for each of the spend areas

Financial Orientation

• Measure and Track forecasted vs actual savings for the Category Group of commodities and is responsible for communicating performance against these measures and their potential budgetary impact

Customer Focus & Value Add

• Responsible for leading strategic sourcing efforts in specific commodity areas as necessary/appropriate.
• Work actively with key stakeholders such as Engineering and Marketing to ensure purchasing is actively engaged in core business processes

Operational Effectiveness

• Set priorities and performance goals for Core or Lead Buyers, guide strategy development for major commodities, oversee the development of annual strategic sourcing plans which specify how savings goals will be achieved
• "Oversee the process to select and manage suppliers"
• Establish and maintain contractual and business relationships with the senior management of key suppliers
• Achieve small and disadvantaged business sourcing content objectives
• Work together with senior stakeholders in the business units to ensure savings are built into budgets and the annual operating plan
• Work with each Core or Lead Buyers to ensure sourcing strategies are implemented and TCO reductions are secured according to forecasts
• Responsible for breaking down organizational barriers and communicating overall sourcing trends/results for his/her commodities to the Group CPO and business unit purchasing leadership
• Develop, champion, and ensure implementation of ideas that will optimize LMWs total cost of ownership for spend categories
• Remain current with market trends through relationships with Sourcing Managers, suppliers and market experts, and ensure LMW has a process to gain access/familiarity with emerging supplier capabilities
• Maintain a working knowledge of applicable federal, state and local laws and regulations as well as any internal policies (e.g. code of ethics) or procedures to ensure that the behavior exhibited by the organization is honest, ethical and professional

Innovation & Continuous Improvement

• Identify/define sourcing best-practices both within and external to LMW and ensure that those best practices are widely adopted by LMWs business groups

People Management

• Supervise the Core or Lead Buyers, communicate team progress with the Head - Strategic SCM and senior business unit leadership and ensure clear alignment between team actions and business unit interests
• Develop performance objectives and conduct annual reviews with all associated Core or Lead Buyers
• Participate in career planning and development for each Sourcing Manager and assume a mentoring relationship with high-potential sourcing professionals
• Improve overall sourcing morale by communicating savings opportunities and successes throughout the company for strategic sourcing commodities and will actively champion the elevation of purchasing as a valued and career enhancing experience