Commodity Manager – Electrical
Vertiv Energy Pvt Ltd
Commodity Manager – Electrical
Vertiv Energy Pvt Ltd
Thane
Not disclosed
Job Details
Job Description
Category Management Direct Manager
Job Description: Commodity Manager – Electrical Localization/ Global Sourcing/ Project Management
About the Role:
We are seeking a highly motivated and results-oriented Commodity Manager to join our dynamic procurement team. In this critical role, you will be responsible for eloping and executing sourcing strategies for Localization/ Global Sourcing/ Project Management handling a wide range of Electrical products Transformers, Inductors, Circuit Breakers, Contactors, Relays, Switches, Wire Harness, Connectors etc. You will play a key role in ensuring the timely and cost-effective procurement of high-quality Electrical components to support our company's growth and innovation.
Key Responsibilities:
* Sourcing Strategy Development for Localization/ Global Sourcing/ Project Management
* Experience and proven track record of localization.
* Experience in China + 1 Localization in India.
* Exposure about India landscape and Suppliers footprint in Mechanical components.
* Hands on experience in supplier identification or supplier base knowledge in India for fabricated components, mechanical parts, valves, tubes, fittings, pumps, Sheet Metal, Coils, etc.
* Preferably work under project-based business environment.
* Preferably work under High mix low volume business environment.
* Global mindset with strong local knowledge.
* Conduct market research and analysis to identify and qualify potential suppliers.
* Develop and implement competitive sourcing strategies, benchmarking, including RFQs, negotiations, and contract awards.
* Identify and evaluate new technologies and suppliers to ensure a competitive advantage.
* Supplier Relationship Management.
* Build and maintain strong relationships with key suppliers.
* Monitor supplier performance and address any quality, delivery, or cost-related issues.
* Collaborate with suppliers to drive continuous improvement in quality, cost, and delivery.
* Contract Management.
* Negotiate and manage contracts with suppliers, ensuring compliance with all relevant terms and conditions.
* Monitor contract performance and identify any potential risks or issues.
* Cost Management.
* Identify and implement cost-reduction initiatives, such as value engineering and supplier consolidation, Resourcing.
* Track and analyze commodity prices and market trends.
* Develop and implement strategies to mitigate supply chain risks and ensure cost competitiveness.
* Supply Chain Optimization:
* Collaborate with cross-functional teams (e.g., engineering, operations, logistics) to optimize the supply chain.
* Identify and implement process improvements to enhance efficiency and reduce costs.
* Ensure timely delivery of materials to support production schedules.
* Integrate sustainability considerations into all sourcing decisions.
* Work with suppliers to promote responsible sourcing practices and reduce environmental impact.
* Data Analysis and Reporting.
* Track and analyze key performance indicators (KPIs), such as cost, quality, and delivery etc.
* Prepare regular reports on sourcing activities and performance.
Qualifications:
* Bachelor's degree in Supply Chain Management, Engineering, Business, or related field.
* 10+ years of experience in commodity management, procurement or related field.
* Proven experience in sourcing and managing Mechanical/ HVAC components.
* Strong understanding of Material/ Metal technologies and market trends.
* Excellent negotiation and communication skills.
* Strong analytical and problem-solving skills.
* Proficiency in Microsoft Excel and other data analysis tools.
* Experience with ERP systems (e.g., SAP, Oracle) preferred.
* Experience in a fast-paced, high-growth environment preferred.
Skills:
* Strategic Sourcing
* Supplier Negotiation
* Contract Management
* Market Analysis
* Cost Reduction
* Supply Chain Optimization
* Data Analysis
* Communication & Collaboration
* Project Management
Experience Level
Mid LevelJob role
Work location
Thane, India
Department
Production / Manufacturing / Engineering
Role / Category
Engineering & Manufacturing Research
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 10 years
About company
Name
Vertiv Energy Pvt Ltd
Job posted by Vertiv Energy Pvt Ltd
This job has expired