Job Title

Role Overview:- The position will ensure efficient operations by overseeing Procurement, Sourcing, Vendor management, and Logistics optimization. - The incumbent will oversee Strategic Material Sourcing, Supplier relationship management, and inventory control for cost-effective, quality-driven outcomes. - The incumbent will evaluate and analyse lag and lead indicators, past performance data to forecast needs, and production scheduling to meet the budgeted targets of plants. - Enhancing logistics efficiency, managing costs, mitigating risks, and driving continuous process improvement are crucial part of the role to ensure seamless supply chain operations aligned with business goals..Key Responsibilities:- Develop strategies, policies, procedures, and guide team to optimize the value of the entire function viz procurement, sourcing and logistics across all verticals of the engineering business. - Define and Cascade measurable targets for supply chain performance, such as reducing lead times, improving order accuracy, and increasing on-time delivery rates. - Develop and manage the supply chain budget, ensuring financial targets are met. Monitor and control costs related to logistics, warehousing, and procurement to ensure efficient use of resources. - Develop and implement Risk Mitigation and crisis management plans for the function to handle disruptions and ensure business continuity. - Develop and maintain strategic relationships with key suppliers to ensure continuous improvement in supply chain performance and cost-efficiency. - Identify and implement new technologies and innovations to enhance supply chain efficiency and effectiveness. Stay updated with industry trends and advancements. - Ensure that supply chain strategies and operations are aligned with customer needs and expectations, improving customer satisfaction and loyalty. - Implement a robust performance monitoring and reporting system to track supply chain metrics and provide regular updates to senior management. Use data analytics to drive decision-making. - Review SOP and its implementation. Monitor performance, conduct periodic meetings to keep track of all deliverables, drive the outcome and execute suggested measures - Lead and oversee the functioning of stakeholders involved from forecast to delivery - Review monthly budgets, forecasts, and achievements - Manage inventory and establish control measures to ensure company is operating at the highest level of performance and minimal supply chain risk. - Support and facilitate idea generation in functions to ensure smooth execution of ongoing projects. Align work execution with short- and long-term targets. - Work in close collaboration with Sales, Production, Finance, Product, and other key stakeholders - Ensure order compliance: Order confirmations and on-time supply of all the markets (domestic and export). - Align the function with the budgeted sales plan and manufacturing capacities - Establish and track key performance indicators (KPIs) such as inventory turnover, order fulfillment rates, and supply chain cycle times. Implement corrective actions when targets are not met. - Regularly review and report on financial performance, including cost savings, budget adherence, and financial efficiency of supply chain operations. - Continuously evaluate and manage supplier performance to ensure quality, cost-effectiveness, and timely delivery. Conduct regular supplier audits and reviews. - Oversee the logistics and distribution network to ensure efficient transportation, warehousing, and delivery processes. Optimize routes and transportation modes to reduce costs and improve delivery times. - Ensure compliance with all regulatory requirements and maintain accurate documentation for all supply chain activities. - Build and develop highly skilled teams to provide adequate business results to the company. - Provide strong leadership and managerial support, which includes setting clear expectations, establishing goals and objectives, and motivating the team to achieve their best performance. - Coach and mentor team members to develop their skills and enhance their performance through regular feedback, offering guidance and support, and encouraging professional development. - Foster a culture of collaboration within the department and encourage communication between cross-functional teams. - Define and monitor team performance targets, such as training completion rates, employee satisfaction scores, and team productivity metrics. - Manage team-related budgets, including training, salaries, and bonuses. Ensure spending aligns with the overall financial goals and constraints of the organisation.Qualification / Requirements from Candidate Applying for this role:- Must be a Full time Graduate Engineer (B.E.)Preferably Mechanical. - Post-Graduation MBA from Premiere Institutes like IIM, ISB, etc. would be an added advantage. - Minimum 20+ Years of Experience, out of which at least 7+ years of experience should be in a Strategic sourcing role with an Auto Tier -1. - Proven track record of understanding the pains and challenges of dealing with Entrepreneurial / Family managed suppliers is essential for this role. - Breadth and Depth of Automotive Product Knowledge including but not limited to working closely with departments like R&D, NPD, Manufacturing, Quality and successfully leveraging your strategic sourcing experience in ensuring faster TATs on Future Products. - Excellent Understanding of Domestic supply base and Global sourcing. - Familiarity with Design & Development approach for BOP components, exposure to automotive standards. - Significant Strong leadership skills & experience is required, including strategic sourcing approaches and comprehensive financial and budgetary competence in sourcing financials. - Must have extensive knowledge of commodities and components, including understanding configurations, applications, specifications, BOM, and manufacturing processes. - Manufacturing Process understanding includes trending technologies in Steel, Forging, Casting, Machining, Bearings, Sheet Metal, Surface Treatment, Plastics. - Strong problem solving & analytical skills - Knowledge on the pricing of similar products /solutions of international range of suppliers.