Manager - Central Commodity (10-15 yrs)

Key Skills Required:

- Central Commodities Procurement

- Bulk Quantity Sourcing

- Procurement Direct

- Sourcing & Planning

- Vendor Management

- Negotiation and Cost Reduction

Job Responsibilities:

Commodity Procurement Management:

- Lead procurement activities for central commodities such as metals, plastics, and other raw materials required for electronics manufacturing.

- Ensure timely and cost-effective procurement of bulk quantities to meet production demands.

- Drive strategic sourcing initiatives to optimize procurement operations for direct materials.

Supplier Relationship Management:

- Develop and maintain strong relationships with key suppliers and vendors.

- Negotiate contracts, terms, and pricing to secure favorable agreements.

- Conduct supplier audits and assessments to ensure quality and performance standards are met.

Sourcing Strategy & Planning:

- Define and implement sourcing strategies for central commodities to support business goals.

- Collaborate with cross-functional teams (production, quality, R&D) to align procurement plans with business requirements.

- Analyze market trends to anticipate price fluctuations and mitigate supply chain risks.

Cost Optimization & Budget Management:

- Identify opportunities for cost reduction and efficiency improvement across the supply chain.

- Manage the procurement budget for central commodities and ensure adherence to financial targets.

- Lead initiatives to standardize materials and consolidate supplier bases where applicable.

Inventory & Supply Chain Coordination:

- Collaborate with the inventory management team to ensure adequate stock levels of commodities to avoid production delays.

- Develop and implement demand forecasting and inventory planning models for bulk materials.

- Coordinate with logistics teams for the timely delivery of sourced materials.

Regulatory Compliance & Documentation:

- Ensure compliance with all relevant regulatory and legal requirements in the sourcing and procurement of commodities.

- Maintain detailed records of sourcing, vendor contracts, and procurement activities.

Team Leadership & Vendor Development:

- Lead a team of procurement and sourcing professionals to execute commodity strategies.

- Conduct performance evaluations and provide development opportunities for team members.

- Work on vendor development programs to enhance the quality and availability of required commodities.

Reporting & Data Analysis:

- Prepare and present regular reports on procurement performance, including cost savings, supplier performance, and risk assessments.

- Utilize data-driven insights to make informed procurement decisions and improve the sourcing process.

Qualifications:

- B.E./B.Tech in Mechanical, Electrical, or related field. MBA in Supply Chain Management would be an added advantage.

- Proven experience in sourcing, procurement, and supply chain management, specifically in central commodities within the electronics manufacturing industry.

- Strong negotiation, analytical, and problem-solving skills.

Preferred Industry Experience: Electronics Manufacturing, Consumer Electronics, Electrical Components, or related industries.