🧠 Key Skills Required

✔ Vendor negotiation expertise
✔ Technical understanding of electronic components
✔ Strategic sourcing capability
✔ Cost analysis skills
✔ ERP knowledge (SAP / Oracle / similar)
✔ Strong coordination & communication skills

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🎯 Role Summary

The Sourcing Manager is responsible for identifying, evaluating, and developing reliable suppliers for raw materials, components, and services required for resistor manufacturing. The role ensures cost-effective procurement while maintaining quality, timely delivery, and compliance with company standards.

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🔧 Key Responsibilities

📦 Strategic Sourcing

• Develop sourcing strategies for raw materials:
  • Ceramic cores
  • Resistance wire
  • Metal caps
  • Coating chemicals
  • Packaging materials
• Identify alternate vendors
• Conduct supplier benchmarking & market analysis

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🤝 Vendor Development

• Identify and onboard new suppliers
• Evaluate vendors on quality, cost & delivery
• Coordinate supplier audits with QA team
• Maintain Approved Vendor List (AVL)

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💰 Cost Optimization

• Lead price negotiations with suppliers
• Achieve cost reduction targets
• Monitor market price trends
• Drive value engineering initiatives

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🔄 Cross Functional Coordination

Work closely with:

• Production
• Quality
• Stores
• Finance
• NPD Team
• Sales

Ensure uninterrupted availability of materials.

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📑 Contract & Compliance

• Finalize commercial terms & contracts
• Ensure procurement policy compliance
• Support import sourcing activities

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⚠️ Risk Management

• Monitor supplier performance
• Develop contingency sourcing plans
• Ensure continuity of supply

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📊 MIS & Reporting

• Track sourcing KPIs
• Maintain sourcing dashboards
• Prepare cost saving reports
• Present sourcing performance to management