Manager - Strategic Sourcing

Job description

Lauritz Knudsen Electrical and Automation is a pioneering electrical and automation brand with a rich legacy of over 70 years in India. We offer comprehensive portfolio of low-voltage switchgear, medium-voltage switchgear, automation solutions, software, and services catering to diverse segments, including homes, agriculture, buildings, infrastructure, and industry. This position will be based at Ahmednagar Factory for Lauritz Knudsen Electrical & Automation (A unit of Schneider Electric India Pvt. Ltd.) Designation : Manager - Strategic Sourcing Experience : 5 - 10 years Education: B.E/B.Tech (Mechanical) Job Description: Strategic Sourcing - Roles & Responsibilities Category & Commodity Management Develop and execute sourcing strategies for key commodities including Electromechanical Assemblies, Thermoplastic & Rubber Moulding, Machining, Forging, Casting, Sheet Metal, and Special Processes (Plating, Heat Treatment, Surface Finishing, etc.). Build category roadmaps aligned with business objectives, technology trends, and supply market dynamics. Leverage manufacturing process knowledge. New Product Development (NPD) Sourcing Lead sourcing activities for new product development by identifying and developing capable suppliers within target cost and timeline. Collaborate with Design, Engineering, Quality, Manufacturing, and Project Management teams during product development. Ensure supplier readiness, tooling development, PPAP/APQP completion, and timely production launch. Strategic Cost Management Drive annual material cost reduction programs through strategic negotiations, value engineering, localization, alternate sourcing, and productivity initiatives. Achieve annualized procurement savings targets (minimum 5% of material spend) while maintaining quality and delivery performance. Lead periodic price negotiations, labour rate revisions, and long-term commercial agreements. Commercial Excellence Conduct should-cost analysis, activity-based costing (ABC), zero-based costing (ZBC), and benchmarking to support commercial negotiations. Validate supplier quotations through cost breakdown analysis and market intelligence. Ensure monthly commodity price revisions and contract compliance. Supplier Development & Risk Management Identify, evaluate, onboard, and develop strategic suppliers to build a resilient and competitive supply base. Conduct supplier capability…