Lead - Procurement & Sourcing

Procurement & Sourcing Lead A leading MNC into material manufacturing is looking for a Procurement and Sourcing Professional. This role will be responsible for driving strategic sourcing initiatives, supplier development, commercial negotiations, and category management for specialized materials and high-value product portfolios. Key Responsibilities - Lead end-to-end sourcing and procurement activities for assigned categories. - Identify, evaluate, and onboard new suppliers to ensure supply continuity and cost competitiveness. - Develop and manage strategic supplier relationships and performance metrics. - Drive complex commercial negotiations involving Raw Material Indexing (RMI), tolling structures, yield-loss agreements, and long-term volume commitments to drive value. - Collaborate with cross-functional teams including R&D, Operations, Manufacturing, and Business stakeholders to support new product introductions and business growth. - Manage Toller operations and supplier ecosystems to ensure quality, delivery, and compliance standards. - Conduct supplier reviews, audits, and continuous improvement initiatives. - Monitor market trends, supply risks, and opportunities to enhance procurement effectiveness. Work with internal stakeholder to ensure demand and supply are completely aligned. Desired Profile - Engineering with MBA preferred in Supply Chain. - 5-8 years of experience in Strategic Sourcing, Procurement, Category Management, or Supplier Development. - Strong commercial acumen with experience in supplier negotiations and contract management. - Exposure to manufacturing, industrial products, specialty materials, chemicals, or related sectors will be an advantage. - Strong analytical, stakeholder management, and problem-solving skills. - Experience working in a multinational or matrix organization is preferred. - Comprehensive knowledge of legal frameworks, including Master Service Agreements (MSAs), NDAs, and standard commercial language.