Manager - Strategic Sourcing

About River

River is an electric vehicle company building multi-utility scooters. At River, we’re building scooters of tomorrow for the ambitious youth of today. Because we believe people only need two things to achieve success: the desire to make it to the top, and the means to get there. 

With our flagship product River Indie, SUVofScooters, is designed to help you get things done. Engineered to be a dependable ally on your road to success. We are backed by marquee international investors - these are mobility focused funds backed by Yamaha Motors, Al-Futtaim Automotive Group, Toyota VC and Maniv Mobility. 

Key Responsibilities

• Identify and Develop vendors for procurement of parts - Brakes, Suspension, Bearings, Transmission, Seals, Locks and Mirrors
• Create RFX, Cost estimation, evaluate commercial proposals, negotiate contracts, award businesses, release POs to selected vendors
• Drive cost optimization projects through localization, value analysis - value engineering, bench-marking and resourcing as per business requirements
• Secure supply agreements with vendors for definite path of future transactions
• Establishing pricing mechanisms with vendors for commodity indexing and forex
• Analyze claim raised by vendors and keep provision for financial planning
• Collaboratively work with stakeholders considering organization's priorities
• Prepare strategies to solve complex problems and resolve conflicts positively
• Effectively communicate project status to cross-functional teams to ensure project milestones are met within defined timeline and budget
• Drive innovation and integration of new technologies, quality initiatives and change management for continuous improvement of products
• Development and implement inventory management strategies to optimize stock levels of parts
• Monitor and maintain accurate inventory records, ensuring alignment with production requirements and minimizing excess or obsolete stock

Ideal Candidate

• Bachelor/Master’s degree in engineering or Supply chain Management is preferred
• 8+ years of strong experience within the mechanical commodity Management (preferably in 2 Wheeler Automotive)
• Has Extensive experience interfacing with strategic suppliers and managing relationships
• Excellent communication skills and people skills
• Excellent leadership and man- management skills
• Ability to manage a variety of cross-functional team members