Sourcing
Global Sourcing Manager
ESAB · Faridabad, Haryana · Full-Time
Experience
7+Salary Range
NALocation
Faridabad, HaryanaJob Summary
We are seeking an experienced Global Sourcing Manager to lead strategic sourcing initiatives across a global supplier network. The role is responsible for developing long-term commodity strategies, managing global supplier relationships, driving cost optimization, mitigating supply risks, and supporting business growth through strategic procurement initiatives. The successful candidate will collaborate with international stakeholders across multiple regions, lead commercial negotiations, and deliver measurable savings while ensuring supply continuity and operational excellence.
Key Responsibilities
Strategic Sourcing & Commodity Management
- Develop and execute long-term commodity sourcing strategies aligned with business objectives.
- Own the commercial performance of assigned commodities and global suppliers.
- Lead commodity strategy reviews with cross-functional and international teams.
- Drive supply base rationalization, localization initiatives, Best Cost Country (BCC) sourcing, and technology adoption.
- Develop commodity business plans and strategic sourcing roadmaps.
Cost Management & Commercial Negotiation
- Benchmark supplier pricing and negotiate commercial agreements to achieve cost savings.
- Drive cost reduction initiatives while mitigating inflationary impacts.
- Lead commodity-level negotiations, long-term agreements, and pricing strategies.
- Improve working capital through payment term negotiations, lead time reduction, and inventory optimization initiatives.
- Manage pricing structures and commodity contract administration.
Supplier Relationship & Performance Management
- Lead supplier selection, qualification, onboarding, and supply base consolidation.
- Develop alternate sourcing strategies to strengthen supply continuity and competitiveness.
- Build long-term strategic partnerships with global suppliers.
- Monitor supplier performance across quality, delivery, cost, and responsiveness.
- Identify supplier risks and implement mitigation strategies for business continuity.
- Partner with suppliers to improve on-time delivery and operational performance.
Sourcing Operations
- Support make-versus-buy decisions for components and finished goods.
- Execute sourcing strategies across multiple manufacturing locations.
- Collaborate with cross-functional teams to resolve sourcing constraints.
- Partner with Legal teams to negotiate contracts and minimize commercial risks.
- Maintain supplier contracts and ensure compliance with organizational procurement policies.
Market Intelligence & Innovation
- Monitor global market trends, commodity indices, and emerging technologies.
- Analyze market intelligence to support sourcing decisions and supplier strategies.
- Participate in technology development initiatives and collaborate with innovation partners.
- Recommend sourcing strategies based on changing market dynamics and technological advancements.
Leadership & Cross-Functional Collaboration
- Collaborate with Engineering, Manufacturing, Finance, Quality, Operations, and Business Leadership teams.
- Lead cross-functional sourcing projects and strategic procurement initiatives.
- Mentor and develop junior sourcing professionals.
- Promote continuous improvement and best practices across the sourcing organization.
Required Qualifications
- Bachelor's degree in Supply Chain Management, Logistics, Engineering, Business, or a related field.
- Master's degree or MBA is preferred.
Experience
- 10–15 years of experience in Strategic Sourcing, Procurement, or Purchasing within manufacturing industries.
- Proven experience managing global suppliers across multiple countries and regions.
- Experience working with international stakeholders across different cultures and time zones.
- Experience in strategic sourcing, commercial negotiations, supplier development, and contract management.
- Exposure to finance, project management, and global procurement operations will be an advantage.
Key Skills
- Global Strategic Sourcing
- Category & Commodity Management
- Supplier Relationship Management (SRM)
- Vendor Development & Supplier Qualification
- Contract Negotiation & Commercial Management
- Cost Reduction & Cost Optimization
- Best Cost Country (BCC) Sourcing
- Supply Market Analysis & Benchmarking
- Global Supplier Risk Management
- Make-versus-Buy Analysis
- Supply Base Rationalization
- International Procurement
- Contract Lifecycle Management
- Cross-functional Collaboration
- Project Management
- Stakeholder Management
- Leadership & Team Development
- Market Intelligence & Commodity Analysis
Preferred Certifications
- Professional certifications such as CPSM, or CIPS will be an advantage.
Preferred Competencies
- Strong analytical and commercial acumen.
- Excellent negotiation and influencing skills.
- Ability to work effectively in a global, multicultural environment.
- Strong leadership, mentoring, and stakeholder management capabilities.
- Strategic thinking with a results-driven approach.
- Excellent communication and presentation skills.