Assistant Manager - Strategic Sourcing

Roles and Responsibilities - Strategic Sourcing

• Develop and implement strategic sourcing plans aligned with business goals
• Identify, evaluate, and onboard new suppliers for cost, quality, and delivery
• Handle RFQ/RFP processes, commercial negotiations, and cost finalization
• Drive cost reduction through value engineering and alternate sourcing
• Analyze BOM cost and support product cost optimization
• Manage supplier performance (quality, delivery, cost, responsiveness)
• Establish long-term agreements and rate contracts with key suppliers
• Ensure timely PR to PO conversion and procurement efficiency
• Coordinate with planning, production, quality, and engineering teams
• Mitigate supply chain risks and ensure continuity for all customers
• Monitor market trends, commodity pricing, and supplier capacity
• Develop localization strategies to reduce dependency on imports
• Ensure compliance with company policies and customer-specific requirements
• Support audits and maintain sourcing documentation and records
• Drive continuous improvement in sourcing processes and supplier development