Sourcing Manager

Responsibilities

• Strategic Sourcing: Develop and execute sourcing strategies for mechanical (plastics / casting / etc) & electrical parts (connectors, wires, relays, switches, motors, etc.) and bought-out assemblies.

• Supplier Identification & Development: Identify and qualify new suppliers based on capability, capacity, quality, and cost-effectiveness. Drive supplier development and performance improvements.

• Cost Optimization: Lead cost bench-marking, negotiations, and cost reduction initiatives while ensuring component quality and supplier reliability.

• Supplier Management: Build strong, collaborative relationships with key suppliers. Monitor supplier performance using KPIs (OTD, quality, responsiveness).

• Contract Management: Negotiate commercial terms and manage contracts, pricing agreements, and service-level agreements.

• Risk Management: Identify sourcing risks and develop contingency plans to ensure business continuity.

• Cross-functional Collaboration: Work with engineering, quality, and production teams for sourcing decisions, component localization, and BOM finalization.

• Market Intelligence: Stay updated on market trends, raw material price fluctuations, and technology changes to make informed sourcing decisions.

• Procurement Process Compliance: Ensure adherence to internal procurement policies and quality management systems (ISO/QMS).

• Inventory Planning Support: Coordinate with planning teams to manage lead times, safety stocks, and demand forecasting.

• Tooling and Sample Development: Oversee initial sampling, vendor qualification, and tooling approval processes for new sourced components.

Requirements

• Bachelor's degree in Electrical Engineering, Electronics, or a related technical discipline.

• 5+ years of experience in sourcing, procurement, or supply chain roles, specifically in electrical and bought-out parts.

• Strong negotiation and analytical skills with a track record of supplier cost optimization.

• Solid understanding of electrical components, specifications, and technical drawings.

• Excellent interpersonal, communication, and supplier relationship management skills.

• Proficiency in MS Office and ERP systems

• Experience in electronics, EMS, or capital equipment manufacturing sectors.

• Knowledge of global sourcing and import/export regulations.