Sourcing Manager
NOV
JOB DESCRIPTION
PRIMARY RESPONSIBILITIES
FACILITY/GROUP SPECIFIC RESPONSIBILITIES
EDUCATION & EXPERIENCE QUALIFICATIONS
JOB REQUIREMENTS
BEHAVIORAL COMPETENCIES
TECHNICAL COMPETENCIES
PRIMARY RESPONSIBILITIES
- Develop and oversee sourcing and procurement strategies for India and Southeast Asia.
- Monitor and assess supplier performance to ensure high-quality goods and adherence to integrity standards.
- Achieve significant cost reductions in Southeast Asia through third-party sourcing while increasing procurement volume based on annual business plan.
- Ensure that purchasing operations adhere to established procedures and meet specified requirements.
- Manage, lead and coordinate staff activities, including training, development, performance evaluations, hiring, and setting departmental goals.
- Continuously evaluate department processes, methods, and activities to optimize resource and equipment use.
- Manage the departmental budget and expenditures.
- Assist management in the development and formulation of long and short-range planning, policies, programs and objectives.
- Execute additional tasks as assigned.
- Adhere to all NOV Company, departmental, and HSE procedures and policies
FACILITY/GROUP SPECIFIC RESPONSIBILITIES
- Collaborate with Category Management, Manufacturing, Engineering, Quality Assurance, and Regional Procurement teams to identify cost reduction opportunities and enhance the quantity and capability of third-party suppliers.
- Oversee supplier selection, negotiations, and performance for assigned products to achieve company goals related to cost savings, quality, and delivery targets.
- Organize and lead cross-functional teams to identify and qualify suppliers through First Article inspections and establish processes for long-term success.
- Issue and manage Purchase Orders for delivery to NOV's overseas locations.
- Communicate market trends and regulatory changes to Category Management and other stakeholders.
- Report on cost savings and supplier performance metrics and conduct periodic performance reviews with key suppliers to drive improvements.
- Work closely with Regional Procurement Managers to support local supply chain needs.
- Analyze and implement corrective actions for purchase price and job closure variances that exceed defined cost standards.
EDUCATION & EXPERIENCE QUALIFICATIONS
- Bachelor's degree. Emphasis in Engineering or Business Administration preferred.
- At least 5 years of experience in a managerial role.
- APICS or other relevant certification preferred
JOB REQUIREMENTS
- A Sourcing/Supplier Development/Purchasing background is a key requirement.
- Overall understanding of the supplier base for heavy manufacturing in India is preferred.
- Excellent problem-solving and critical thinking abilities
- Solid interpersonal, communication and leadership skills
- Proven Planning, project management and negotiations skills.
- Ability to work independently.
- Good in Financial skills including cost analysis, make vs. buy decision, inventory control etc.
- Propose improvements to the current purchasing system that will improve vendor relationships and lower the cost of doing business.
- Train new employees and support team members as necessary
BEHAVIORAL COMPETENCIES
- Effective communication skills.
- Encourages teamwork and collaboration.
- Capable of handling conflicts constructively.
- Motivates and inspires team members.
- Strong analytical thinking abilities.
- Demonstrates empathy and understanding.
TECHNICAL COMPETENCIES
- Extensive experience in sourcing and procurement for forging, casting, and machining commodities.
- Proficient in Microsoft Office Suite.
- Experienced with MRP systems, such as EBS or Oracle Fusion, including report generation from ERP systems.
- Experience with oil and gas products is preferred but not required.
JOB SUMMARY
Sourcing ManagerNOV
Pune
2 days ago
N/A
Full-time