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Assistant Manager - Strategic Sourcing

L&T Finance — Mumbai, MUMBAI

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Experience 10-15 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Roles and Responsibilities - Strategic SourcingDevelop and implement strategic sourcing plans aligned with business goalsIdentify, evaluate, and onboard new suppliers for cost, quality, and deliveryHandle RFQ/RFP processes, commercial negotiations, and cost finalizationDrive cost reduction through value engineering and alternate sourcingAnalyze BOM cost and support product cost optimizationManage supplier performance (quality, delivery, cost, responsiveness)Establish long-term agreements and rate contracts with key suppliersEnsure timely PR to PO conversion and procurement efficiencyCoordinate with planning, production, quality, and engineering teamsMitigate supply chain risks and ensure continuity for all customersMonitor market trends, commodity pricing, and supplier capacityDevelop localization strategies to reduce dependency on importsEnsure compliance with company policies and customer-specific requirementsSupport audits and maintain sourcing documentation and recordsDrive continuous improvement in sourcing processes and supplier development

Frequently Asked Questions

What are the eligibility criteria for the Assistant Manager - Strategic Sourcing job at L&T Finance?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 10-15 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Assistant Manager - Strategic Sourcing at L&T Finance?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Assistant Manager - Strategic Sourcing at L&T Finance.

Is prior experience required for this position?

This role requires around 10-15 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Assistant Manager - Strategic Sourcing role at L&T Finance?

You can apply directly using the Apply Now button on this page, which will take you to L&T Finance's application process for this role.