Manager - Strategic Sourcing

Job description

Lauritz Knudsen Electrical and Automation is a pioneering electrical and automation brand with a rich legacy of over 70 years in India. We offer comprehensive portfolio of low-voltage switchgear, medium-voltage switchgear, automation solutions, software, and services catering to diverse segments, including homes, agriculture, buildings, infrastructure, and industry. This position will be based at Ahmednagar Factory for Lauritz Knudsen Electrical & Automation (A unit of Schneider Electric India Pvt. Ltd.) Designation : Manager - Strategic Sourcing Experience : 5 – 10 years Education: B.E/B.Tech (Mechanical) Job Description: Strategic Sourcing – Roles & Responsibilities • Category & Commodity Management • Develop and execute sourcing strategies for key commodities including Electromechanical Assemblies, Thermoplastic & Rubber Moulding, Machining, Forging, Casting, Sheet Metal, and Special Processes (Plating, Heat Treatment, Surface Finishing, etc.). • Build category roadmaps aligned with business objectives, technology trends, and supply market dynamics. • Leverage manufacturing process knowledge. • New Product Development (NPD) Sourcing • Lead sourcing activities for new product development by identifying and developing capable suppliers within target cost and timeline. • Collaborate with Design, Engineering, Quality, Manufacturing, and Project Management teams during product development. • Ensure supplier readiness, tooling development, PPAP/APQP completion, and timely production launch. • Strategic Cost Management • Drive annual material cost reduction programs through strategic negotiations, value engineering, localization, alternate sourcing, and productivity initiatives. • Achieve annualized procurement savings targets (minimum 5% of material spend) while maintaining quality and delivery performance. • Lead periodic price negotiations, labour rate revisions, and long-term commercial agreements. • Commercial Excellence • Conduct should-cost analysis, activity-based costing (ABC), zero-based costing (ZBC), and benchmarking to support commercial negotiations. • Validate supplier quotations through cost breakdown analysis and market intelligence. • Ensure monthly commodity price revisions and contract compliance. • Supplier Development & Risk Management • Identify, evaluate, onboard, and develop strategic suppliers to build a resilient and competitive supply base. • Conduct supplier capability assessments, technical audits, and performance reviews. • Drive supplier capability enhancement through training, continuous improvement initiatives, and performance scorecards. • Implement supplier risk mitigation strategies, including dual sourcing, localization, business continuity planning, and supplier de-risking. • Supply Base Optimization • Lead supplier rationalization initiatives to optimize supplier footprint while improving quality, cost, delivery, and innovation. • Develop strategic partnerships with key suppliers for long-term business growth. • Monitor supplier financial health, capacity, technology capability, and sustainability. • Cost Analytics & Procurement Intelligence • Perform spend analysis to identify cost reduction opportunities and sourcing leverage. • Utilize procurement analytics, market trends, commodity indices, and benchmarking for informed sourcing decisions. • Prepare sourcing dashboards, KPIs, and executive reports for management review. • Contract & Negotiation Management • Lead commercial negotiations covering pricing, payment terms, logistics, warranty, tooling ownership, and contractual obligations. • Ensure procurement agreements comply with company policies and mitigate commercial risks. • Manage long-term agreements and supplier performance commitments. • Cross-Functional Collaboration • Partner with Engineering, Manufacturing, Quality, Finance, Planning, and Logistics to ensure seamless project execution. • Support localization, value engineering, and product cost optimization initiatives. • Facilitate effective communication between internal stakeholders and suppliers to resolve technical and commercial issues. • Continuous Improvement & Digital Procurement • Drive Lean Procurement, process standardization, and procurement digitalization initiatives. • Promote automation, data-driven sourcing, and continuous improvement across procurement processes. • Foster a culture of innovation, supplier collaboration, and operational excellence What's in it for me? • Meaningful work with direct impact on business performance and operational success • Career development opportunities in a global organization committed to your growth • Collaborative culture that encourages innovation and values diverse perspectives • Flexible work arrangements designed to support your professional and personal well-being Bring your procurement expertise to a team that's ready to welcome you — apply today! Rewards designed for you Our Total Rewards is our way of saying: We see you and we value you. It’s more than just pay and benefits—it’s a meaningful investment in you. It is designed to help you perform, grow, feel safe, and elevate your potential. The package helps you care for yourself and your family, plan your future, grow your skills and career, collaborate in an inclusive workplace, and contribute to your community. At Schneider Electric, we’re here for what matters most to you. Discover more at our Career Page. • Country-specific programs and initiatives may be available. Looking to make an IMPACT with your career? When you are thinking about joining a new team, culture matters. At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success. We believe that our IMPACT values – Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork – starts with us. 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