Title: Commodity Management Professional
Mumbai, IN
We are looking for a Commodity Management Professional (F/M/D) to join our team at Innomotics
The industry-Leader of Motors and Drives
Innomotics is an industry-leading supplier of motors and large drive systems. With a trusted legacy of more than 150 years of engineering expertise, our products power all of the world’s most essential industries. Today, we are bringing the #EnergyTransition to life with a portfolio that enables our customers to boost energy efficiency, reduce greenhouse gases, and minimize the carbon footprints of plants.
Our Most Powerful Engine: Our People
We are a team of more than 15,000 dedicated experts, doers, and innovators. For us, engineering the future means keeping businesses in motion. As a global player operating with the spirit and speed of a mid-sized champion, the future holds unlimited opportunities for us. If you share our bold mindset to be best-in-class, we want you IN.
Location- India
JOB SUMMARY
Identifying, managing and optimizing the Indian supply base for the global purchasing volume of the Innomotics High Voltage (HV) Division across mechanical and electrical commodities (e.g. castings, large steel fabrication, sheet metal parts, cabinets, insulation, cooling systems, machined parts, transformers, etc.) that are feasible for export.
Planning, implementing and controlling globally aligned projects and measures to increase the global HV purchasing volume from India to improve supply chain performance regarding productivity, assets, quality, availability and innovation.
Areas of Responsibility:
Understand the business needs of HV and its locations to identify Local for Global (L4G) commodity opportunities
Identify capable and competitive suppliers in India to generate cost savings for global factories
Network with HV Factory Procurement and Global Commodity Managers to identify projects for India sourcing potential
Organize and drive global sourcing projects by leading cross-functional teams internationally
Perform basic supplier audits and assessments to evaluate capabilities and ensure a smooth transition of global requirements to Indian suppliers
Manage the entire value chain including RfQ, price and term negotiations, sourcing decisions, contract execution, FAI, and factory implementation
Execute partner management with India suppliers and drive continuous improvement
Contribute to global and local commodity strategies and execute within the India supply base for responsible commodities
Drive material productivity through effective procurement levers (e.g. negotiation, cost breakdown transparency, should-cost modeling, supplier benchmarking, e-sourcing, global value sourcing, standardization)
Practice supply market intelligence to detect and observe commercial & technical trends, mitigate risks and drive business value
Implement best-in-class Supply Chain Management processes with a focus on productivity, assets, quality, delivery reliability and innovation to pursue the targets of supply chain diversification and resiliency
Manage escalations with suppliers and internal stakeholders related to delivery delays, quality performance, obsolescence and contract disputes, to resolve critical issues and maintain supply continuity
Ensure data transparency and report relevant procurement KPIs in assigned commodities
Develop and present annually the regional commodity and supplier management overview with detailed multi-year strategy and defined measures to achieve the overall business goals and procurement deliverables
Qualification & Experience:
BE Mechanical or Higher Degree with minimum of 5-10 years’ experience in Mechanical Commodities
Professional Experience: 8 to 14 years of experience with minimum of 3 years in Manufacturing
At least 3 years in Strategic Sourcing / Global Sourcing / Commodity Management
Experience leading Global teams will be preferred
Skills:
Demonstrates ownership culture by taking initiative in developing plans, execution of those plans, focusing on business results, full transparency, open communication, and making bold decisions
Demonstrates strategic procurement skills in the areas of sourcing, negotiation, pooling, contracts, supplier development and partner management
Strong written and verbal communication skills
Demonstrates and applies advanced knowledge of concepts, practices, and procedures for areas of responsibility
Proven ability to align with business partners and objectives as well as collaborate cross-functionally
Open to travel on a regular basis (mainly domestically) but international travel may be required
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Ready to power the future with us? Join Innomotics and start making a difference now. #TeamInnomotics #JoinReliableMotion
Innomotics is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.
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