Senior Manager Strategic Sourcing

Position: Senior Manager – Sourcing (Smart Meter)Department: Supply Chain ManagementLocation: Vasai, Mumbai, Maharashtra (Manufacturing Facility)Educational Qualification: B.E./B.Tech (Electrical / Electronics / Electronics & Communication / Instrumentation / Mechanical) Or MBA / PGDM in Supply Chain, Operations, Materials Management or Procurement preferred.Experience: Minimum 12 Years (Mandatory Smart Meter / Energy Meter Industry Experience) Job Description We are looking for an experienced sourcing professional with a minimum of 12 years of hands-on experience exclusively in the Smart Meter / Electricity Meter manufacturing industry. The ideal candidate should possess strong technical, commercial, and supply chain expertise to lead end-to-end procurement activities for Single Phase, Three Phase, and Advanced Metering Infrastructure (AMI) products while supporting high-volume manufacturing operations.Key Responsibilities 1. Lead end-to-end sourcing and strategic sourcing for Smart Meter manufacturing, including Single Phase Meters, Three Phase Meters, CT Operated Meters, Communication Modules, and all electronic, mechanical, plastic, and packaging components required for meter production.2. Possess strong technical knowledge of Smart Meter architecture, SMT and PCBA manufacturing, SMD and THD electronic components, Metering ICs, MCU, Communication Modules (RF, NB-IoT, LTE/4G, PLC), LCDs, CTs, Relays, Current Sensors, Connectors, Passives, PCB, PCBA, Semiconductor Components, Magnetics, and all critical BOM items used in electricity meters.3. Develop and manage strategic supplier relationships across India and China, maintaining a strong network of manufacturers, authorized distributors, and semiconductor suppliers to ensure competitive pricing, supply continuity, and alternate sourcing.4. Drive procurement cost optimization through commercial negotiations, BOM cost analysis, value engineering, localization initiatives, should-cost modelling, supplier benchmarking, annual cost reduction programs, and continuous margin improvement while maintaining product quality and delivery commitments.5. Handle complete BOM costing, supplier quotations, price negotiations, landed cost calculations, import costing, currency fluctuation analysis, freight optimization, and commercial evaluations to achieve target material margins.6. Monitor global semiconductor markets and proactively manage procurement risks arising from geopolitical situations, supply shortages, logistics disruptions, tariffs, import regulations, and currency fluctuations by developing alternate sourcing strategies and business continuity plans.7. Own material planning, procurement scheduling, supplier production tracking, ETA monitoring, lead-time management, shortage management, inventory optimization, safety stock planning, and ontime material availability to support production schedules without line stoppages.8. Track complete sourcing activities from RFQ to PO release, supplier confirmation, production followup, dispatch planning, shipment tracking, customs coordination, and warehouse receipt while ensuring adherence to project timelines.9. Work closely with customers, engineering, R&D, NPI, Quality, Production, Planning, Finance, and Project Management teams to ensure timely execution of new product development, engineering changes, prototype builds, pilot production, and mass manufacturing.10. Lead supplier development, supplier qualification, vendor audits, performance evaluations, quality improvement initiatives, capacity assessment, contract negotiations, NDA management, and longterm supplier partnerships to strengthen the procurement ecosystem.11. Manage procurement KPIs including supplier OTIF, inventory turns, procurement savings, cost reduction, supplier quality, lead-time reduction, localization targets, alternate source development, material availability, and procurement cycle time.12. Demonstrate excellent customer interaction and communication skills by participating in customer meetings, supplier reviews, project discussions, cost negotiations, technical-commercial evaluations, and executive management reviews while providing regular updates on sourcing status, procurement risks, mitigation plans, and project milestones.