Sourcing Lead

We expect to complete the separation by the end of the first quarter of 2027. As a standalone company, the Mobility business will be more focused and agile, creating exciting opportunities for employees to grow, innovate, and help shape the future of mobility. The separation reflects strong confidence in the Mobility team and positions the new company as an employer of choice in the automotive and commercial vehicle industry. If you are offered and accept this position and are actively employed by the Mobility Group when the spinoff closes, the new company will provide further details to employees concerning compensation and benefits at that time. This position involves creating and implementing sourcing strategy for MG in India. This includes development of new parts, resourcing existing parts, Localization, VAVE to achieve material cost reduction, managing material inflation / deflation & supporting materials team to meet production and inventory control. This position is responsible for Sourcing Strategy for MG India, having following responsibility: Develop and deploy regional commodity strategy along with category leaders for assigned commodities to deliver YOY cost reduction. Identify supplier to meet the commodity requirements in terms of quality, cost, delivery and inventory control (including Kanban, VMI, consignment inventory programs). Monitor and track the commodity trends. Should have a detailed knowledge of should cost, cost sheet for each part in the related commodity. Support strategic suppliers to improve their score cards, supplier evaluation, capability assessment & risk management. Supplier capacity mapping and develop supply base to meet fluctuating production volumes. Negotiate commercial agreements for total cost of ownership for each product Analyze spend of assigned commodity and identify cost out opportunities. Initiate, lead cost reduction projects to drive cost outs as per profit plan. Drive VA/VE with the support of engineering/design for material cost reductions. Co-Own the Project Monitoring with the SDE till the time of stabilization of the new part and complete handover to Materials. Work along with SDE for capacity improvement and cost reduction, Including identifying new mfg technologies. Develop and maintain a high performance culture focused on continuous improvement and change. Bachelor's in Mechanical / Production / Automobile Engineering 6 to 8 years of experience in sourcing, supplier development & procurement in engineering company preferably in Auto Component 3-4 year of hands-on experience on product costing, formulating commercial contracts Good understanding of following commodities: o Mechanical and electrical Assemblies / Proprietary parts for auto electric parts like Switches, Sensors, 4/2 valves, pumps and motors o Automotive hydraulic and pneumatic parts o Wiring harness, bus bars o Stampings, Sheet metal parts o Outside processes like heat treatment, plating o Metals ( Bar stocks ) o Connectors o Plastic and rubber parts o General machined parts o Seals and Gaskets Should be familiar with incoterms, TCO Excellent communication skills in English (written & verbal) Relationship with suppliers as well as customers - Internal and External Cross Functions Team Working Skills due to Matrix Organization reporting Customer focus