Sourcing Specialist- Nonferrous Commodities Full Time

Key Responsibilities

Commodity Market Intelligence & Strategy

• Track global and domestic non‑ferrous markets including LME/MCX indices, scrap economics, demand–supply trends, and geopolitical developments.
• Analyze commodity value chains to identify cost drivers, arbitrage opportunities, and sourcing levers.
• Develop commodity outlooks and price forecasts to support budgeting, sourcing decisions, and contract strategy.

Strategic Sourcing, Cost Reduction & Commercial Negotiation

• Develop and execute sourcing strategies for non‑ferrous metals and components to optimize Total Cost of Ownership (TCO).
• Drive year‑on‑year (YoY) cost‑reduction projects by deploying multiple sourcing levers such as supplier consolidation, alternate sourcing, index‑linked pricing, VA/VE initiatives, payment‑term optimization, and volume aggregation.
• Lead RFQs/RFPs and supplier negotiations covering index‑linked pricing, escalators/de‑escalators, volume discounts, payment terms, and service levels.
• Drive demand aggregation across plants/business units to maximize commercial leverage.
• Establish and manage long‑term supply agreements with strong commercial governance.

Commodity Risk & Supply Assurance

• Assess exposure to raw‑material price volatility and supply‑side risks.
• Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and supply‑continuity planning.
• Support internal governance for commodity exposure tracking and reporting.

Supplier Development & Relationship Management

• Identify, qualify, onboard, and develop suppliers aligned with technical, commercial, quality, and sustainability requirements.
• Conduct supplier capability assessments, audits, and PPAPs where applicable.
• Drive Supplier Relationship Management (SRM) through performance reviews (quality, delivery, cost, responsiveness) and corrective action plans.
• Build long‑term, collaborative partnerships focused on resilience and continuous improvement.

Technical & Cross‑Functional Collaboration

• Interpret material specifications, international standards (IS/IEC/ASTM), and application requirements.
• Partner with R&D, NPD, Quality, and Manufacturing on material selection, alternate development, VA/VE initiatives, and part industrialization.
• Support supplier trials and new‑part validation from a techno‑commercial perspective.

Compliance & Sustainability

• Ensure supplier compliance with statutory and regulatory requirements (GST, MSME documentation, contractual obligations).
• Integrate ESG, recycling, and Extended Producer Responsibility (EPR) principles into sourcing decisions.
• Support import/export sourcing including INCOTERMS and customs compliance.

Systems, Analytics & Reporting

• Manage sourcing and supplier data in ERP systems (SAP S4 HANA / SAP MM).
• Develop dashboards for spend, savings, volatility impact, and supplier performance using Excel / Power BI.
• Track sourcing KPIs, YoY cost‑reduction targets, and savings realization against approved business cases.

Key Skills & Competencies

• Strategic sourcing and commercial negotiation
• Proven ability to drive YoY cost‑reduction initiatives using multiple sourcing and commercial levers.
• Strong financial, analytical and commercial acumen with a TCO‑driven mindset
• Non‑ferrous commodity market intelligence (Copper, Aluminium, Lead etc.)
• Commodity price‑risk and volatility management
• Index‑linked and formula‑based pricing mechanisms
• Supplier discovery, audits, and SRM
• Understanding of technical specifications and standards
• Import/export and trade compliance
• ERP and data analytics capability
• Cross‑functional stakeholder management
• Strong communication and structured problem‑solving skills

Qualifications & Experience

• Bachelor’s degree in engineering (Mechanical / Production / Industrial/ Metallurgy)
• MBA / PGDM in Supply Chain, Operations, or Procurement (preferred)
• 8–10 years of experience in strategic sourcing or commodity management of non‑ferrous metals
• Experience in the Wire & Cable, FMEG industries are strongly preferred

Field: – Sourcing/Procurement of Non-Ferrous Metals