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Manager - Sourcing Mechanical Proprietary Commodity

River

River

Bengaluru, Karnataka, India
Posted on Jul 17, 2024
About River :

River is an electric vehicle company building multi-utility scooters. At River, we’re building scooters of tomorrow for the ambitious youth of today. Because we believe people only need two things to achieve success: the desire to make it to the top, and the means to get there.

Our flagship product River Indie, SUV of Scooters, is designed to help you get things done. Engineered to be a dependable ally on your road to success. We are backed by marquee international investors - these are mobility focused funds backed by Yamaha Motors, Al-Futtaim Automotive Group, Toyota VC and Maniv Mobility.

Key Responsibilities :

  • Identify and develop potential vendors for procurement of parts – Brakes, Suspension, Tyres, Bearings, Transmission, Seals, Locks, and Mirrors
  • Create RFx, cost estimation, evaluate commercial proposals, negotiate contracts, award businesses, release POs to selected vendors
  • Drive cost optimization projects through localization, value analysis - value engineering, bench-marking, and resourcing as per business requirements
  • Secure supply agreements with vendors for definite path of future transactions
  • Establish pricing mechanism with vendors for commodity indexing and Forex
  • Analyse claims raised by vendors and keep provision for financial planning
  • Collaboratively work with stakeholders considering organization’s priorities
  • Prepare strategies to solve complex problems and resolve conflicts positively
  • Effectively communicate project status to cross-functional teams to ensure project milestones are met within the defined timeline and budget
  • Proactively identify, assess, and mitigate risks during project execution
  • Drive innovation and integration of new technologies, quality initiatives, and change management for continuous improvement of products
  • Develop and implement inventory management strategies to optimize stock levels of parts
  • Monitor and maintain accurate inventory records, ensuring alignment with production requirements and minimizing excess or obsolete stock

Ideal Candidate :

  • Bachelor’s degree in engineering with 6-12 years’ experience in sourcing, supply chain management, or a related field
  • Exposure to mechanical parts is must and handling of proprietary parts is good to have
  • Excellent negotiation, stakeholder management and communication skills
  • Sound knowledge of APQP, PPAP, & other quality tools like Cause & Effect, CP/CPK, 8D