Sourcing Specialist - Commodity Management

Location: Hosur

Job Description Summary

Driving end-to-end sourcing, supplier development, and cost optimization for all new product introductions.

Also responsible for driving Strategic Sourcing Initiatives and will be coordinating with internal stake holders and suppliers for component & process development activities. The successful candidate for this position has experience in the manufacturing industry and a strong understanding of Sourcing / Negotiation / Technical knowledge, analytical skills and has similar industry / commodity experience

Roles and Responsibility

• Strategic Sourcing & NPI project management
• Supplier Selection & Onboarding: Define and execute sourcing strategies for new product components in coordination with R&D / Engineering / Supplier Quality
• New Supplier Identification: Survey the market, benchmark, and develop new local or global suppliers capable of meeting stringent NPI quality, technical, and delivery requirements
• Cross-Functional Coordination: Partner closely with Supplier Quality, Engineering, and R&D teams to fast-track component development, supplier qualification, and the onboarding process for new parts

Commercial & Cost Management (Design-to-Cost)

• Demand-to-Execution: Manage the end-to-end sourcing process to secure competitive, compliant, and commercially viable proposals for all new product lines
• Target Costing: Establish robust cost targets during the NPI design phase, working alongside stake holder teams to execute cost-reduction projects and value engineering
• Contracting & Negotiations: Lead commercial negotiations, establish favorable terms and conditions (T&Cs), and manage contracts for all newly introduced commodity suppliers

Operational Execution & Project Milestones

Tendering & Budget Compliance: Provide accurate cost inputs and target supplier panels for NPI tendering phases, ensuring business awards comply with validated panels and project budgets

Supply Chain & Logistics Integration: Collaborate with the Global Logistics and Sourcing teams early in the NPI cycle to optimize packaging, minimize transportation costs, and secure reliable logistics paths

Risk & Compliance Management: Ensure all new suppliers and components strictly comply with applicable laws, regulations, EHS (Environment, Health, and Safety), and product quality performance standards

Stakeholder Communication & Performance Tracking

Project Status Reporting: Concisely communicate critical NPI sourcing milestones, quote status, and supply readiness to plant management, operations, and internal customers in a timely manner

Supplier Performance Management: Conduct early performance reviews with NPI suppliers to establish baseline expectations for quality, delivery lead-times, and continuous improvement