Head - Strategic Sourcing

Posted 3 Days Ago
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Bangalore, Bengaluru Urban, Karnataka
7+ Years Experience
Big Data • Hardware • Other • Energy
The Role
Lead strategic sourcing activities, manage supplier relationships, implement cost-saving processes, ensure supply chain quality, negotiate contracts, and develop strategic planning for key commodities and suppliers.
Summary Generated by Built In

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

Position Summary

Department

Strategic Sourcing

Location

Bangalore, India

Key role responsibilities

  • Takes the lead role in developing and managing strong supplier relationships. Manages our supply base with the involvement and support of all required functions. Encourages active participation of supply management in all relevant activities, including product development, sales, planning, manufacturing, delivery, and after-sales support
  • Implements and executes business processes that deliver against indirect spend cost and volume targets
  • To monitor supplier capabilities, relationship management -> find/ establish key contact persons.
  • To ensure best material productivity, Cost Control in ERP, RFQ for all cc and suppliers.
  • To ensure support in controlling with annual standard price process.
  • To improve/ maintain supply chain quality, and service, evaluating and approving supplier systems by utilizing the TCO model and Supplier Scorecards.
  • To ensure approval of orders according to DOA.
  • To ensure standard products: within lead time, otherwise on special demand according to escalation process.
  • To support in escalation phase or in chronic/ongoing problems with suppliers.
  • To discuss OTD (on time delivery) and service level results during meetings with supplier.
  • To work closely with engineering, project management and product management and support any new product requirements.
  • To ensure extending of lean principles into our supply chain and coordinate - perform SLD events.
  • To ensure negotiation and development of contracts.
  • To ensure initiating supplier transition.
  • To ensure execute supplier assessments.
  • To initiate, coordinate and perform supplier audits.
  • To support by pricing differences.
  • To ensure checking of invoices once prices differ from agreed pricing levels.
  • To start set up in ERP system and support onboarding process.
  • To initiate, coordinate and carry out supplier visits/ meetings.
  • To monitor supplier and environmental risks to avoid failed deliveries, bad quality and to improve products and services.
  • To coordinate / carry out initial sampling (EX report) for new products and support for other sampling issues
  • To establish files/ templates and maintain Supply documentation (vendor sheets, product history, metal contracts)
  • To perform Make or Buy-Analysis
  • To execute sourcing decisions (e.g. direct & Indirect buying)
  • Lead, develop and empower supply team members. Create a culture that fosters continuous learning and individual growth
  • Responsible for the development and implementation of a strategic planning process for key commodities and suppliers that is integrated with the overall business objectives
  • Select suppliers and negotiate agreements, based on a global search. Supply agreements may range from tactical commodity pricing agreements to more complicated, long-term strategic relationships
  • Will support Global Strategic sourcing team

qualifications, experience and key competency

Education

University Graduate – Engineering (Mechanical)

OR Diploma in Mechanical

Experience

10 to 12 Years’ experience

Key Competency

  • Leadership
  • Team Work
  • Managing Execution
  • Interpersonal Skills
  • Analytical Skills
  • Time Management
  • Problem Solving Skills

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
    • At nVent, we believe safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions for mission-critical equipment, buildings and essential processes. Our solutions are helping build a more sustainable and electrified world.
    • We are a $3.3B company with a dedicated team of more than 11,000 employees around the globe. Our comprehensive portfolio of enclosures, electrical and fastening, and thermal management solutions dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF.
  • Commitment to strengthen communities where our employees live and work
    • We encourage and support the philanthropic activities of our employees worldwide
    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:
    • Innovative & adaptable
    • Dedicated to absolute integrity
    • Focused on the customer first
    • Respectful and team oriented
    • Optimistic and energizing
    • Accountable for performance
  • Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

The Company
HQ: St Louis Park, MN
10,001 Employees
On-site Workplace
Year Founded: 2018

What We Do

nVent is a global leader in enclosures, electric heat-tracing solutions, complete heat-management systems and electrical and fastening solutions. Our products connect and protect our customers’ systems in facilities where the cost of failure is very high. We help customers enhance productivity and reduce their cost of ownership by simplifying installation and minimizing downtime during operation.

Just as every idea begins with a spark, we at nVent view the dawn of every sunrise as a new opportunity to ignite innovation. Our inventive solutions benefit customers around the world every day, keeping lights on, data streaming and trains running on time.

We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of enclosures, electrical connections and fastening and thermal management solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

We are a $2 billion, high-performance electrical company with a dedicated team of 8,800 people at more than 130 sites around the world. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.

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