Sourcing Specialist - Commodity Management

GE VernovaHosūr, Tamil NaduOn-siteFull-timeSenior, 5–8 yearsListed 1 hour ago

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About this role

# Job Description Summary
Driving end-to-end sourcing, supplier development, and cost optimization for all new product introductions.
Also responsible for driving Strategic Sourcing Initiatives and will be coordinating with internal stake holders and suppliers for component & process development activities. The successful candidate for this position has experience in the manufacturing industry and a strong understanding of Sourcing / Negotiation / Technical knowledge, analytical skills and has similar industry / commodity experience

Job Description

Roles and Responsibility:

Strategic Sourcing & NPI project management

- Supplier Selection & Onboarding: Define and execute sourcing strategies for new product components in coordination with R&D / Engineering / Supplier Quality
- New Supplier Identification: Survey the market, benchmark, and develop new local or global suppliers capable of meeting stringent NPI quality, technical, and delivery requirements
- Cross-Functional Coordination: Partner closely with Supplier Quality, Engineering, and R&D teams to fast-track component development, supplier qualification, and the onboarding process for new parts
- Commercial & Cost Management (Design-to-Cost)
- Demand-to-Execution: Manage the end-to-end sourcing process to secure competitive, compliant, and commercially viable proposals for all new product lines
- Target Costing: Establish robust cost targets during the NPI design phase, working alongside stake holder teams to execute cost-reduction projects and value engineering
- Contracting & Negotiations: Lead commercial negotiations, establish favorable terms and conditions (T&Cs), and manage contracts for all newly introduced commodity suppliers

Operational Execution & Project Milestones

- Tendering & Budget Compliance: Provide accurate cost inputs and target supplier panels for NPI tendering phases, ensuring business awards comply with validated panels and project budgets
- Supply Chain & Logistics Integration: Collaborate with the Global Logistics and Sourcing teams early in the NPI cycle to optimize packaging, minimize transportation costs, and secure reliable logistics paths
- Risk & Compliance Management: Ensure all new suppliers and components strictly comply with applicable laws, regulations, EHS (Environment, Health, and Safety), and product quality performance standards

Stakeholder Communication & Performance Tracking

- Project Status Reporting: Concisely communicate critical NPI sourcing milestones, quote status, and supply readiness to plant management, operations, and internal customers in a timely manner
- Supplier Performance Management: Conduct early performance reviews with NPI suppliers to establish baseline expectations for quality, delivery lead-times, and continuous improvement

Required Qualifications

- Bachelor's degree from an accredited university or college (Mechanical / Electrical Engineering)
- Minimum 5 years of experience in the field of Sourcing / Commodity management / NPI management
- Deep understanding and professional experience with Sourcing Contracts Verbal and written communication skills

Desired Characteristics

Analytical, Digital & Systems Acumen:

Strong analytical mindset with a passion for data-driven approach, backed by advanced proficiency in MS Office (especially Advanced Excel), Power BI, Tableau, Smartsheet, and SAP (MM Module) to turn complex data into actionable sourcing strategies.

Execution Excellence, Collaboration & Continuous Improvement: Demonstrated execution excellence combined with exceptional negotiation skills and the ability to influence cross-functional teams and a dedicated commitment to applying Lean principles for ongoing operational improvement.

Additional Information

Relocation Assistance Provided: Yes