Sourcing Manager

Mission

Key missions of the position:

• Development of Casting, machining, Forging and sheet metal components for assigned project with detail should costing workout to award the business to suppliers.

• Closely work with Bid and product management team to commit the lowest direct material cost to win the business and the same cost should be achieved during the project execution

• To take complete ownership of assigned project’s Total cost ownership (TCO), drive and improve Project contract Margin. Bid to Execution

• Localisation of all commodities like Casting, Forging, machining, Fabrications,

• Define and execute Sourcing plan such as Make or buy, Localization and Transfer of Technology projects, dual sourcing.

• Define Sourcing plan following retro-plaining methodology to meet Project Internal / Customer FAI milestones covering long lead time items, Internal (SISCO) products, sourced components, and sub-systems on time for optimizing the Project cost.

• Deploy standard APQP process for component, sub-assembly, proprietary parts sourcing.

• Manage Project Direct Material Cost Package, Identify and drive Margin Improvement Programs (MIP) for improving Project QCD, review periodically the QCD with the stakeholders, establish a robust “Forecast at completion” vision, taking into account risks, ambitions and uncertainties, establish waterfall analysis at each Project Gate reviews, engage commodity buyer and Souring team for managing the deliverables.

• Present best possible execution plan to the NPI team.

• To drive cost competitiveness by working closely with Engineering, Process Engineering, Product Management, Sales and Commodity Sourcing team.

• Participate in all cost workshop in-coordination for improving the assigned product competitiveness.

• Build business case for Make or Buy, localization in the assigned product line for delivery NPI project in time and for improving competitiveness.

Measurement

• Q : First time right “First Article Inspection”

• C : Contract Margin - Cost reduction vs. Target Cost

• D : On time delivery of NPI Projects

• Competitiveness DMC commitment to win the business for assigned product lines.

Main responsibilities:

Project Souring Execution:

• Prepare retro-planning considering Internal and Customer FAI targets by engaging relevant stakeholders such as Project Engineering Manager, Project Supplier Quality, Project Supply Chain, Process Engineering, and execution of retro-plan until FAI milestone are met.

• Organize necessary materials are available for timely testing, validation, and components. Propose multiple option for bringing visual/physical effect to the component being developed using considering not limited to quick sourcing, 3D-printing, RPT and other latest technologies.

• Propose / Challenge manufacturability of each component given for development and propose alternate RM, manufacturing ideas, locally available RM for sustenance. 

• Plan and execute localization, Transfer of Technology Project, Make-or-buy, Re-sourcing, outsourcing decision for meeting project delivery commitment. Improving Product cost and competitiveness.

• Identify and drive Cost Improvement Programs on regular basis for improving product cost including ideas from suppliers. 

• Maximize local spend for improving local content and competitiveness of the product.

• Deploy Commodity Sourcing Strategies for all component / sub-assemblies sourcing.

Tender & Competitiveness

• Perform Quick costing, ZBC – Zero based costing when the inputs are made available for building quick product costing for assessing / meeting NPI Project costs. 

• Conduct regular meetings with cross function team comprising Engineering, Product Management, Project, and Commodity Sourcing Teams for aligning the purchasing strategies in line with the project timelines for meeting set target costs.

• Ensure that the commodity strategies are implemented all the time during NPI project, anticipate and communicate new supplier and technology needs to the commodity team.

• Manage communication between Sourcing and Transfer Management team. 

• Maximize re-use of proven solution (Return on Experience).

• Provide necessary inputs to Engineering, Product Management, during Product cost-work-out consistently for improving product cost.

• Collect and formalize REX (Return on Experience) on solutions which were successful (QCD wise ).

Deploy APQP

• Deploy Standard APQP process while sourcing components, Sub-assemblies, products with the support of SQA.

• Organize and manage technical reviews with Suppliers, Supplier Quality, Engineering, and supply chain to formalize the team Feasibility Commitment during supplier selection and ensure all technical requirement are met.

• Collect REX (Return on Experience) from the Previous projects and deploy/address those challenges while developing the components and NPI project review such that future components / products will be defect free and easily manufacturable at less feasible time. 

People Management: No

Budget Management: Yes, Tender DMC commitment and Improvement plan to reduce the cost.

Required Candidate Profile

Education/Training : Bachelor of Engineering – Mechanical (Preferred)

Professional Experience

• Minimum 12 years’ of Sourcing experience in Industries, MNC preferred.

• Strong knowledge on the casting , machining & Forging process

Key Competences (Transversal/Professional)