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.
Experience in working with Indian Suppliers for export.
Good understanding of UL/ CE/ BIS, etc.
Ability to communicate globally & stake holders alignment.
India for global alignment/ Make in India Experience.
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
About the Team:Work AuthorizationNo calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.Equal Opportunity EmployerWe promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.