We are looking for an experienced and strategic Sourcing Manager with 5+ years of experience in mechanical and bought-out components sourcing within the electronics / electronic products industry. The ideal candidate will have deep expertise in supplier development, cost negotiations and procurement strategies, ensuring a reliable supply base while meeting cost, quality, and delivery targets.
Responsibilities:
- Strategic Sourcing: Develop and execute sourcing strategies for mechanical (plastics / casting / etc) & electrical parts (connectors, wires, relays, switches, motors, etc.) and bought-out assemblies.
- Supplier Identification & Development: Identify and qualify new suppliers based on capability, capacity, quality, and cost-effectiveness. Drive supplier development and performance improvements.
- Cost Optimization: Lead cost bench-marking, negotiations, and cost reduction initiatives while ensuring component quality and supplier reliability.
- Supplier Management: Build strong, collaborative relationships with key suppliers. Monitor supplier performance using KPIs (OTD, quality, responsiveness).
- Contract Management: Negotiate commercial terms and manage contracts, pricing agreements, and service-level agreements.
- Risk Management: Identify sourcing risks and develop contingency plans to ensure business continuity.
- Cross-functional Collaboration: Work with engineering, quality, and production teams for sourcing decisions, component localization, and BOM finalization.
- Market Intelligence: Stay updated on market trends, raw material price fluctuations, and technology changes to make informed sourcing decisions.
- Procurement Process Compliance: Ensure adherence to internal procurement policies and quality management systems (ISO/QMS).
- Inventory Planning Support: Coordinate with planning teams to manage lead times, safety stocks, and demand forecasting.
- Tooling and Sample Development: Oversee initial sampling, vendor qualification, and tooling approval processes for new sourced components.
Requirements:
- Bachelor's degree in Electrical Engineering, Electronics, or a related technical discipline.
- 5+ years of experience in sourcing, procurement, or supply chain roles, specifically in electrical and bought-out parts.
- Strong negotiation and analytical skills with a track record of supplier cost optimization.
- Solid understanding of electrical components, specifications, and technical drawings.
- Excellent interpersonal, communication, and supplier relationship management skills.
- Proficiency in MS Office and ERP systems
- Experience in electronics, EMS, or capital equipment manufacturing sectors.
- Knowledge of global sourcing and import/export regulations.
