Assistant Manager - Strategic Sourcing

Job description

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