Strategic Sourcing Manager

Talent Hired-the Job Store; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Talent Hired-the Job Store is seeking a Manager - Strategic Sourcing for the two-wheeler Automotive Division. You will drive cost-effective sourcing strategies, oversee BOM costing and pricing, and lead a team of cost engineers.

Travel to supplier sites and events is expected to optimize supplier relations and financial performance. You will focus on materials like sheet metal, plastics, rubber, and electronics while monitoring market trends to safeguard BOM costs and project budgets.

Qualifications

• Experience in strategic sourcing and BOM costing.
• Ability to lead, mentor and develop a cost engineering team.
• Cross-functional collaboration with engineering, procurement and finance.

Responsibilities

• Develop cost-effective sourcing strategies for automotive components.
• Oversee BOM costing and pricing for projects.
• Monitor raw material trends and supplier costs to mitigate risks.
• Lead currency and commodity risk analysis affecting budgets.

Skills

Strategic sourcing

Cost engineering

BOM costing

Team leadership

Tools

ERP systems

Excel

Job description

Role & responsibilities

As a Manager - Strategic Sourcing two wheeler Automotive Division, you will be critical in managing cost-effective sourcing strategies and overseeing the entire costing process for automotive components. Your responsibilities include:

• Developing and applying in-depth knowledge of various materials and aggregates used in automotive manufacturing, including sheet metal, plastics, rubber, electrical, electronics, casting, and forging.
• Focusing particularly on Electrical and Electronics components, staying up-to-date with emerging technologies, industry trends, and best practices.
• Overseeing special processes such as plating, welding, and PCB technologies to ensure quality and cost efficiency.
• Monitoring raw material cost trends and standards across multiple industries to anticipate and respond to supply chain shifts.
• Accurately costing products based on detailed drawings and circuit inputs, performing thorough analysis to support budgeting and forecasting.
• Establishing and implementing pricing strategies for key and critical components, managing supplier relationships to safeguard the Bill Of Material (BOM) costing and reduce financial risks.
• Understanding domestic and import tax structures and their direct impact on BOM cost, ensuring compliance and optimization of fiscal liabilities within sourcing activities.
• Leading, mentoring, and developing a team of skilled Cost Engineers, fostering a culture of excellence to generate project-specific zero base costing models and enhance operational efficiency.
• Maintaining and tracking BOM costs across multiple projects, using advanced tools and systems to provide accurate, real-time financial insights to stakeholders.
• Evaluating the impact of currency fluctuations and commodity inflation on project budgets and BOM costs, preparing risk mitigation strategies and financial contingency plans accordingly.
• Collaborating cross-functionally with engineering, procurement, finance, and supplier teams to drive cost reduction initiatives while maintaining product quality and market competitiveness.

Travel is expected as part of your role to meet with suppliers, attend industry events, and collaborate with global teams.

Preferred candidate profile

Sourcing of Plastics, Trims and Polymers