Job Title:
Sourcing Specialist- Nonferrous Commodities
Company: V-Guard
Location: Kochi, Kerala
Created: 2026-05-02
Job Type: Full Time
Job Description:
Key ResponsibilitiesCommodity Market Intelligence & StrategyTrack global and domestic non‑ferrous markets including LME/MCX indices, scrap economics, demand–supply trends, and geopolitical developments.Analyze commodity value chains to identify cost drivers, arbitrage opportunities, and sourcing levers.Develop commodity outlooks and price forecasts to support budgeting, sourcing decisions, and contract strategy.Strategic Sourcing, Cost Reduction & Commercial NegotiationDevelop and execute sourcing strategies for non‑ferrous metals and components to optimize Total Cost of Ownership (TCO).Drive year‑on‑year (YoY) cost‑reduction projects by deploying multiple sourcing levers such as supplier consolidation, alternate sourcing, index‑linked pricing, VA/VE initiatives, payment‑term optimization, and volume aggregation.Lead RFQs/RFPs and supplier negotiations covering index‑linked pricing, escalators/de‑escalators, volume discounts, payment terms, and service levels.Drive demand aggregation across plants/business units to maximize commercial leverage.Establish and manage long‑term supply agreements with strong commercial governance.Commodity Risk & Supply AssuranceAssess exposure to raw‑material price volatility and supply‑side risks.Implement mitigation levers such as price indexation mechanisms, alternate sourcing strategies, and supply‑continuity planning.Support internal governance for commodity exposure tracking and reporting.Supplier Development & Relationship ManagementIdentify, qualify, onboard, and develop suppliers aligned with technical, commercial, quality, and sustainability requirements.Conduct supplier capability assessments, audits, and PPAPs where applicable.Drive Supplier Relationship Management (SRM) through performance reviews (quality, delivery, cost, responsiveness) and corrective action plans.Build long‑term, collaborative partnerships focused on resilience and continuous improvement.Technical & Cross‑Functional CollaborationInterpret material specifications, international standards (IS/IEC/ASTM), and application requirements.Partner with R&D, NPD, Quality, and Manufacturing on material selection, alternate development, VA/VE initiatives, and part industrialization.Support supplier trials and new‑part validation from a techno‑commercial perspective.Compliance & SustainabilityEnsure supplier compliance with statutory and regulatory requirements (GST, MSME documentation, contractual obligations).Integrate ESG, recycling, and Extended Producer Responsibility (EPR) principles into sourcing decisions.Support import/export sourcing including INCOTERMS and customs compliance.Systems, Analytics & ReportingManage sourcing and supplier data in ERP systems (SAP S4 HANA / SAP MM).Develop dashboards for spend, savings, volatility impact, and supplier performance using Excel / Power BI.Track sourcing KPIs, YoY cost‑reduction targets, and savings realization against approved business cases.Key Skills & CompetenciesStrategic sourcing and commercial negotiationProven ability to drive YoY cost‑reduction initiatives using multiple sourcing and commercial levers.Strong financial, analytical and commercial acumen with a TCO‑driven mindsetNon‑ferrous commodity market intelligence (Copper, Aluminium, Lead etc.)Commodity price‑risk and volatility managementIndex‑linked and formula‑based pricing mechanismsSupplier discovery, audits, and SRMUnderstanding of technical specifications and standardsImport/export and trade complianceERP and data analytics capabilityCross‑functional stakeholder managementStrong communication and structured problem‑solving skillsQualifications & ExperienceBachelor’s degree in engineering (Mechanical / Production / Industrial/ Metallurgy)MBA / PGDM in Supply Chain, Operations, or Procurement (preferred)8–10 years of experience in strategic sourcing or commodity management of non‑ferrous metalsExperience in the Wire & Cable, FMEG industries are strongly preferredField: - Sourcing/Procurement of Non-Ferrous Metals