Strategic Sourcing Engineer

Job Description

ESSENTIAL DUTIES AND RESPONSIBILITIES Technical Sourcing & Cost Analysis Understand engineering drawings, technical specifications, and BOMs to identify sourcing opportunities. Analyze should-cost models and cost drivers for machined parts, castings, windings, fasteners, and motor assemblies. Evaluate alternate materials, manufacturing processes, and suppliers to optimize cost and performance. Supplier Development & Qualification Identify, assess, and onboard new suppliers based on technical capability, quality systems, capacity, and lead times. Collaborate with suppliers on DFM (Design for Manufacturability) and VA/VE initiatives. Conduct supplier audits and ensure compliance with engineering and quality standards. Cross-Functional Collaboration Work with R&D, design, and production teams on NPD/NPI projects to ensure sourcing alignment from early stages. Support localization and indigenization of imported components in line with business strategy. Resolve technical and quality-related supplier issues during production and prototyping phases. Strategic Sourcing Initiatives Develop long-term category strategies for key commodities like copper, stainless steel, castings, bearings, cables, etc. Track commodity price fluctuations and recommend sourcing changes to mitigate risk. Work with global and domestic vendors to ensure competitive sourcing across geographies. Contracting & Negotiations Participate in techno-commercial discussions and contract finalization with vendors. Support legal and procurement teams in drafting vendor agreements and quality clauses. Ensure confidentiality of Intellectual Properties such as designs, technical drawings, specifications, processes, and proprietary technologies and technical documentation management during sourcing. Submersible Pump Industry Knowledge (Preferably) : Having an understanding of submersible pumps and motor components, including castings, Stainless Steel, copper, winding wires, stamping, Fasteners, Bearings, Pump & Motor Casing, machining parts, Seals, plastic parts (seals and gaskets). The Strategic Sourcing Engineer is responsible for aligning engineering and procurement functions to source cost-effective, technically compliant, and high-quality materials and components. This role serves as a critical bridge between design, manufacturing, and the supplier ecosystem to ensure supply chain excellence, innovation, and value engineering.