Sourcing Lead

Exp. Required: 8+ Year’s

Must Have Technical/Functional Skills

 Strategic Sourcing & Supplier Management

•             Lead strategic sourcing initiatives for mechanical, electrical, and electronic commodities.

•             Develop, qualify, and maintain supplier relationships in alignment with sourcing strategies.

•             Execute and oversee RFIs, RFQs, and RFPs from requirement gathering through supplier response management.

•             Conduct supplier capability assessments and supplier performance reviews.

•             Drive supplier consolidation, alternate sourcing, and supplier development initiatives.

•             Support new supplier identification across USA, Mexico, China, and European supply bases.

Stakeholder Management

•             Collaborate closely with Manufacturing, Product Owners, Engineering, Quality, Strategic Sourcing, and Finance teams.

•             Coordinate sourcing priorities, project timelines, and issue resolution across functions.

•             Escalate critical sourcing risks, supplier delays, and project issues to TKE leadership for timely resolution.

Roles & Responsibilities

 Cost Reduction & Negotiation Support

•             Lead cost reduction initiatives through should-cost analysis, benchmarking, and supplier negotiations.

•             Support buyers with fact-based negotiation strategies and cost-saving opportunities.

•             Identify value engineering (VAVE) opportunities and alternative sourcing options.

•             Drive sourcing programs focused on achieving annual savings targets and productivity goals.

RFQ & Project Execution

•             Manage end-to-end RFQ processes including: 

•             Drawing review

•             RFQ package preparation

•             Supplier communication

•             Quotation collection

•             Commercial comparison analysis

•             Sourcing recommendations

•             Ensure compliance with sourcing timelines and service level agreements.

•             Track sourcing project milestones and supplier readiness activities. 

Generic Managerial Skills, If any

•              Supplier Identification & Evaluation Reports

•             RFQ/RFI/RFP Packages

•             Techno-Commercial Comparison Reports

•             Cost Benefit Analysis

•             Cost Saving Tracker

•             Supplier Quotations & Recommendations

• Should-Cost Models

•             Category Strategy Updates

•             Supplier Readiness Assessments

•             Weekly Executive Status Reports

•             Supplier Development and Industrialization Tracking Reports