Strategic Sourcing Head

Role: AGM / Strategic Head

Location: Bengaluru / Manufacturing Location (as applicable)

Reporting To: MD / COO

Role Objective

To lead strategic procurement and cost transformation initiatives across raw materials, bought-out parts, and packaging, with the objective of improving margins, strengthening supplier capability, and ensuring supply continuity for StoveKraft’s cookware and appliance businesses.

Key Responsibilities

1. Strategic Procurement Leadership

• Own end-to-end procurement strategy for direct materials (metals, plastics, components, bought-out parts).
  
• Manage large spend categories with focus on cost competitiveness and supply assurance.
  
• Drive centralized sourcing governance across plants and categories.
  

2. Cost Transformation & Margin Improvement

• Lead should-costing, clean-sheet costing, and zero-based costing initiatives.
  
• Drive structured cost reduction programs through:
  
• Value engineering
  
• Specification optimization
  
• Make vs buy analysis
  
• Supplier productivity improvement
  
• Deliver year-on-year cost reduction targets without compromising quality or service.
  

3. Commodity Strategy & Risk Management

• Develop commodity sourcing strategies for Steel, Aluminium, CI, SS, and other key inputs.
  
• Monitor commodity price trends and implement index-linked pricing / pass-through models.
  
• Reduce exposure to volatility through supplier diversification and long-term contracts.
  

4. Supplier Strategy & Development

• Lead supplier rationalization and tier-wise sourcing strategy.
  
• Develop strategic suppliers for quality, capacity, and cost.
  
• Drive supplier scorecards, audits, and performance improvement plans.
  
• Ensure supplier readiness for new product launches and scale-up.
  

5. Cross-Functional Collaboration

• Work closely with:
  
• R&D / Product Design – for cost-effective product design
  
• Operations / Manufacturing – for supply continuity and productivity
  
• Quality – to ensure zero-defect sourcing
  
• Finance – for savings validation and margin impact
  
• Support export product cost competitiveness through optimized sourcing (backend role).
  

6. Digitalization & Process Excellence

• Drive procurement digitization through ERP, SAP S/4HANA, SAP Ariba, etc.
  
• Standardize RFQ, negotiation, contracting, and supplier performance processes.
  
• Build robust MIS and dashboards for spend, savings, and risk tracking.
  

7. Governance & Compliance

• Ensure compliance with procurement policies, legal contracts, and ethical sourcing standards.
  
• Establish strong controls to avoid supply disruptions and commercial risks.
  

Key KPIs

• Cost savings & cost avoidance
  
• Gross margin improvement
  
• Supplier performance (quality, delivery, cost)
  
• Commodity risk exposure reduction
  
• New supplier development success
  
• Procurement process efficiency
  

Ideal Candidate Profile

Experience

• 10–15 years of experience in Strategic Sourcing / Procurement / Supply Chain
  
• Strong background in consumer durables, appliances, cookware, or electricals
  
• Managed large procurement spends (₹500 Cr+)
  

Skills

• Strategic sourcing & negotiation
  
• Should-cost & value engineering
  
• Commodity buying & risk management
  
• Supplier development & governance
  
• Strong commercial and analytical mindset
  

Education

• Engineering (Mechanical preferred)
  
• Postgraduate qualification in Supply Chain / Operations preferred
  

Why This Role Matters at StoveKraft

This role is critical for:

• Protecting margins in a cost-sensitive, competitive market
  
• Enabling scalable growth without supply risk
  
• Supporting domestic and export business profitability
  

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