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.