SOURCING MANAGER

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.