Sourcing Manager – Diversified Products

Sourcing Manager – Diversified Products Role Summary/Purpose: Role Summary The Sourcing Manager will be responsible for supporting sourcing strategy, supplier management, cost productivity, localization, and global sourcing initiatives across the Diversified Products portfolio. The role partners with Engineering, Quality, Materials, Operations, and Global Commodity teams to drive supplier performance, working capital improvements, cost competitiveness, and supply base resiliency. Key Responsibilities Develop and execute category sourcing strategies aligned with AOP and STRAP objectives Deliver year-over-year cost productivity (deflation) through localization, contract management and Supplier Cost Reduction Initiatives. Partner cross-functionally for Right First Time and On-Time execution of deflation projects. Drive Supplier Capacity, Cost and Delivery Management. Identify and mitigate supplier risks. Leverage India supply base to drive export growth from India supply base to support India for Globe initiative. Drive Localization and import substitution initiatives. Establish and manage long-term supplier agreements. Lead Strategic Supplier Relationship Management (SRM). Scope & Impact Spend Management of ~USD 10M across 100+ suppliers and 1800+ parts Influence global stakeholders and cross-functional teams. Desired Skills Proven financial, quantitative and data analysis skills Familiarity with Sourcing processes & Systems Ability to articulate both simple and complex situations in a concise and logical manner Have a sound understanding of India supply base. Strong interpersonal and communication skills Key Performance Indicators (KPIs) Annual Cost Reduction / Deflation 3–5% annual savings of managed spend Global Sourcing Growth 10–20% YoY increase in export spend Payment Terms Enhancement in NET payment terms. Supplier OTD >=95% LTA Coverage >80% of spend RFQ On-Time Completion >95% ·Qualifications Bachelor of Engineering / B. Tech from an accredited university or