CapGrid - AM/DM Sourcing & Vendor Development - Fastners
Company : Capgrid Solutions
Position Overview
We are looking for an experienced Assistant Manager / Deputy Manager - Sourcing & Vendor Development with strong expertise in Fasteners (mandatory) along with experience in at least one additional direct/indirect procurement category. The candidate must come from the Consumer Appliances industry and should be capable of managing multi-category sourcing, supplier development, and cost optimization.
Key Responsibilities:
Lead sourcing activities for Fasteners (mandatory) and at least one additional category (e.g., plastics, sheet metal, stamping, casting, packaging, electronics, rubber, etc.).
Identify, evaluate, and develop reliable suppliers for fasteners and other categories.
Conduct supplier audits covering cost, quality, capacity, and capability.
Manage RFQ, price negotiation, rate contracts, and long-term agreements.
Drive cost reduction initiatives and value engineering projects.
Collaborate with Engineering, Quality, SCM, and Production teams for material qualification, trials, and approvals.
Ensure supplier adherence to technical specifications, quality standards, and compliance requirements.
Monitor vendor performance: pricing, quality consistency, and OTIF delivery.
Develop sourcing strategies to ensure supply assurance and mitigate risks.
Maintain documentation, dashboards, procurement records, and supplier performance reports.
Required Skills & Experience:
5-10 years of experience in Sourcing / Vendor Development.
Mandatory: Hands-on experience in Fasteners sourcing (screws, bolts, nuts, washers, rivets, special fasteners).
Experience in any additional category (plastics, sheet metal, casting, electronics, packaging etc.).
Only candidates from the Consumer Appliances industry (white goods, small appliances, consumer durables).
Strong negotiation, analytical, and supplier management skills.
Excellent understanding of technical drawings, BOM, tolerances, and costing.
Ability to handle multiple vendors and large SKU portfolios.
Strong coordination and documentation skills.
Preferred Personal Attributes:
Strong commercial acumen
Problem-solving mindset
Ability to cross-collaborate with multi-functional teams
Strong ownership and accountability
