Sourcing Manager in Chennai, भारत

ROLE OVERVIEW
We are looking for an experienced Manager – Sourcing with strong exposure to manufacturing
procurement, new product development, vendor development, cost management, and
localization. The role will be responsible for end-to-end new part development, supplier
sourcing, techno-commercial negotiations, cost optimization, and supply chain coordination
for heavy engineering products. The position plays a critical role in achieving cost targets,
quality standards, and timely SOP in a manufacturing environment.
KEY RESPONSIBILITIES
New Product Development (NPD)
• Lead new product development for aluminium PDC & GDC castings, forgings, gears,
axle shafts, and transmission aggregates.
• Manage the complete part development lifecycle from supplier identification to SOP.
• Coordinate with R&D, SQA, Manufacturing, and Suppliers for RTS discussions, PPAP
approvals, pilot batch support, and quality readiness.
• Monitor development progress and ensure adherence to project timelines.
Sourcing & Vendor Development
• Identify, evaluate, and develop Tier-1 and Tier-2 suppliers for new and existing
commodities.
• Launch RFQs, conduct zero-based cost estimation, evaluate quotations, and finalize
suppliers.
• Negotiate part pricing, payment terms, productivity discounts, and long-term
agreements (LTAs).
• Conduct Supplier Risk Analysis and Mitigation Planning.
Cost Management & Localization
• Drive cost reduction initiatives through localization, resourcing, VA/VE, and
negotiation.
• Prepare and implement Make vs Buy strategies supported by ROI analysis.
• Achieve cost targets for new developments and ensure continuous cost optimization.
• Maintain updated knowledge of raw material rates, grades, and supplier market trends.
Procurement & Supply Chain Management
• Manage techno-commercial activities to meet quality, delivery, and cost targets.
• Oversee procurement operations, inventory planning, logistics coordination, and
supply continuity.
• Ensure optimal utilization of budgets allocated for new developments.
• Support crisis management to ensure uninterrupted supply.
Technical & Manufacturing Knowledge
• Work closely with suppliers on process feasibility, cycle time validation, tooling/fixture
cost estimation, and manufacturing capability.
• Support supplier process validation including machining, heat treatment, and assembly
processes.
• Ensure compliance with packaging standards and testing requirements.
Team & Stakeholder Management
• Lead and mentor a team of procurement and NPD professionals.
• Coordinate cross-functional teams across India and international markets.
• Prepare and present weekly/monthly performance reports and cost metrics to senior
management.
QUALIFICATIONS & SKILLS
• Bachelor’s degree in Mechanical / Production / Industrial Engineering
• 12 years of experience in manufacturing procurement and NPD
• Prior experience in automotive, tractor, gearbox, transmission, or heavy engineering
manufacturing preferred
WHO SHOULD APPLY
This role is ideal for professionals who:
• Have 12 to 20 years of experience in manufacturing procurement and new product
development, preferably in automotive, tractor, gearbox, transmission, or heavy
engineering industry.
• Possess strong expertise in zero-based costing, RFQ management, techno-
commercial negotiations, and supplier finalization
• Have successfully driven localization, resourcing, VA/VE, and cost reduction initiatives
• Are experienced in vendor development, managing Tier-1 and Tier-2 suppliers, and
handling long-term agreements
• Have worked closely with R&D, SQA, Manufacturing, and Supply Chain teams during
NPD and SOP phases
• Are proficient in ERP PP & MM modules and comfortable working with data, reports,
and cost analytics
• Demonstrate strong leadership skills, with experience managing teams and
coordinating across multiple locations or international markets
• Are cost-conscious, process-driven, and quality-focused, with a strong understanding
of manufacturing and supplier processes.
• MNC exposure is preferred.