Sourcing Manager

Technosoft Engineering; Vadodara; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Technosoft Engineering seeks a Global Sourcing Manager to oversee the supply chain for engineering services, focusing on US and EU markets. You will develop sourcing strategies, negotiate contracts, manage suppliers, and ensure timely, cost-effective delivery of goods and services from Savli, Gujarat.

The role requires 14–18 years in sourcing or supply chain, a related degree, and strong negotiation, analytical, and cross-functional collaboration skills to optimise the supply chain and maintain

Qualifications

• Bachelor's degree in mechanical engineering, Supply chain management, Engineering, Business Administration, or a related field.
• Minimum 14–18 years of experience in sourcing or supply chain management.
• Global supply chain logistics exposure is a plus.
• Strong knowledge of US and EU supply chain markets and regulations.
• Excellent negotiation, communication, and interpersonal skills.

Responsibilities

• Develop and implement sourcing strategies for US and EU territories.
• Negotiate contracts and ensure compliance with legal and company policies.
• Establish and maintain relationships with key suppliers; monitor performance.
• Develop and manage sourcing budget and cost-saving initiatives.
• Collaborate with engineering, production, and QA to align sourcing activities.
• Identify and mitigate risks; develop contingency plans.
• Track and report KPIs related to sourcing and supplier performance.

Skills

Negotiation

Supplier management

Cost management

Cross-functional collaboration

Analytical skills

Communication

Education

Bachelor's degree in mechanical engineering

Bachelor's degree in Supply chain management

Bachelor's degree in Engineering

Bachelor's degree in Business Administration

Master's degree or CPSP/CSCP preferred

Job description

Job title: Global Sourcing Manager / Procurement Manager

Experience: 14 to 18 years

Qualifications:

Bachelor's degree in mechanical engineering, Supply chain management, Engineering, Business Administration, or a related field

Job Location: Savli, Gujarat

Job Responsibilities

Job Summary:

We are seeking a highly skilled and experienced Sourcing Manager to oversee and manage the supply chain for our engineering services company, focusing on the US and EU territories. The Sourcing Manager will be responsible for developing and implementing sourcing strategies, negotiating contracts, managing supplier relationships, and ensuring the timely and cost-effective delivery of goods and services.

Key Responsibilities

Sourcing Strategy Development:

• Develop and implement comprehensive sourcing strategies for the US and EU territories to meet the company’s goals and objectives.
• Conduct market research to identify potential suppliers and evaluate their capabilities, reliability, and quality standards.

Supplier Management

• Establish and maintain strong relationships with key suppliers to ensure a reliable supply chain.
• Monitor supplier performance and implement improvement plans as necessary.
• Conduct regular supplier audits and assessments to ensure compliance with company standards and requirements

Contract Negotiation

• Negotiate contracts and agreements with suppliers to secure favourable terms and conditions.
• Ensure all contracts comply with legal and regulatory requirements and company policies.

Cost Management

• Develop and manage the sourcing budget, ensuring cost-effectiveness and efficiency.
• Implement cost-saving initiatives and strategies to optimize the supply chain.

Supply Chain Coordination

• Collaborate with internal teams, including engineering, production, and quality assurance, to ensure seamless coordination and alignment of sourcing activities.
• Address and resolve any supply chain issues or disruptions promptly.

Risk Management

• Identify and mitigate potential risks in the supply chain to ensure continuity and reliability.
• Develop contingency plans to address supply chain disruptions or emergencies.

Performance Reporting

• Track and report key performance metrics related to sourcing activities, including cost savings, supplier performance, and delivery timelines.
• Provide regular updates to senior management on sourcing activities and achievements

Desirable

• Bachelor's degree in mechanical engineering, Supply chain management, Engineering, Business Administration, or a related field. A Master's degree or relevant certification (e.g., CPSM, CSCP) is preferred.
• Minimum of 7-9 years of experience in sourcing or supply chain management, preferably in the engineering services industry.
• Global supply chain logistics exposure will be plus.
• Strong knowledge of the US and EU supply chain markets and regulations.
• Excellent negotiation, communication, and interpersonal skills.
• Proven ability to develop and implement effective sourcing strategies.
• Strong analytical and problem-solving skills.
• Proficiency in supply chain management software and tools.
• Ability to work independently and as part of a team in a fast-paced environment.