Motherson - Procurement & Sourcing Manager (8-10 yrs)

- We are seeking an experienced Procurement & Sourcing Manager to drive and manage procurement activities, focusing on raw materials, tools, indirect buy, and supply chain alignment.

- The ideal candidate will be responsible for sourcing, negotiations, contract finalization, and ensuring strategic sourcing strategies are implemented to support business growth and requirements.

Primary Responsibilities

Sourcing & Procurement:

- Identify and float inquiries for quotations (RFQs), making comparative analysis of prices and terms for purchasing decisions.

- Negotiate and finalize contracts with global and local suppliers for raw materials, tools, and indirect buys.

- Align category supply chain activities with business requirements, ensuring supplier capabilities meet future and current business needs.

Strategic Sourcing & Supplier Management:

- Implement strategic sourcing strategies to ensure suppliers can meet current and future requirements.

- Collaborate actively with category teams, R&D, and technical teams for cost reduction and supplier engagement.

- Monitor supplier performance, ensuring cost, quality, processes, and sustainability meet the company's objectives.

Cost & Delivery Optimization:

- Analyze procurement activities, including total costs and delivery times, to identify opportunities for improvement in key areas like casings, sheet metal, cable & harness, and high-level assembly.

- Challenge suppliers based on Win/Loss Analysis alongside P&L teams to optimize procurement decisions.

- Ensure program procurement procedures are in place, and compliance is maintained across the board.

Documentation & Compliance:

- Document purchase agreements, including special conditions, procurement procedures, and project procurement plans.

- Ensure compliance with Motherson's global sourcing directives and guidelines, adhering to ISO 13485 and FDA regulations in procurement processes.

- Work with the team to resolve critical component supply chain issues proactively.

Supplier & Project Coordination:

- Ensure appropriate supplier selection, focusing on competitive cost, quality, and sustainability.

- Lead the procurement process for new products and ensure all relevant procurement activities align with industry regulations.

Knowledge and Skills:

- Extensive knowledge of EHS (Environmental, Health, and Safety), operational safety, medical device assembly, testing, component manufacturing, qualification processes, part traceability, and regulatory requirements specific to the medical/healthcare industry.

- Strong experience in budget management, supply chain operations, project management, and vendor relations.

- Expertise in spend analysis, savings capture, financial capability assessment, and supplier negotiations.

- Familiarity with lean principles, E&O (Excess & Obsolete) management, waterfall charts, and FCST vs Demand analysis.

- Exceptional analytical, communication, leadership, and problem-solving skills.

Qualifications / Experience:

- Education: Diploma, BE, BTech, Masters or equivalent degree in Engineering or a related field. (MBA will be a plus)

- Experience: Minimum 8-10 years of experience in procurement and sourcing, preferably in the medical or healthcare industry