Sourcing Manager

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.