Sourcing Manager

Posted 2 Days Ago
Be an Early Applicant
Pune, Mahārāshtra, IND
In-Office
Senior level
Aerospace • Logistics
The Role
Lead supplier assessment, negotiate and manage contracts, execute strategic sourcing and portfolio management to optimize cost, quality, and delivery. Develop commercial strategies, analyze total cost structures, reduce procurement risk, and deliver category value while collaborating with stakeholders.
Summary Generated by Built In

At Woodward we have created a culture that appreciates and values the contributions of every member. We are a global team of curious, innovative problem-solvers who commit our knowledge, resources and technical expertise to the challenges associated with reducing emissions, enabling alternative energy sources and increasing efficiency, always innovating for a better future.

We are committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities, creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Key Responsibilities:

  • Supplier Assessment: Assess potential suppliers to ensure they conform to category, supply chain, and product strategies and meet the company’s quality, cost, and delivery requirements.

  • Contract Management: Negotiate favorable terms and conditions with suppliers to ensure security of supply, commercial appropriateness, and risk management to generate mutually beneficial agreements that will deliver value for both parties.

  • Strategic Sourcing: Select suppliers to provide direct material within a given category of suppliers who substantially conform to the category strategy, provide commercial favorability and reduce risk.

  • Portfolio Management: Manage the portfolio of spend for a given category to include financial performance, plan for every part, and understanding of total supply chain.

  • Commercial Strategy: Analyze total cost structures and implement strategies to reduce procurement risk (financial and otherwise) while maintaining quality and delivery performance to generate best total value for a given category.

Key Skills:

  • Collaboration: Proactively shares knowledge and resources with the team. Meaningfully contributes to accomplishing team goals.

  • Legal Acumen: Understands legal terms and processes. Uses this knowledge to draft contracts or assist compliance in contract processes.

  • Financial Acumen: Uses financial principles to reduce cost; understands broader financial context and uses that in decision-making processes. Includes organizational financial figures in workflows.

  • Learning: Understands various resources for information. Quickly and proactively acquires knowledge and competencies through a variety of ways.

  • Negotiation: Uses some negotiation strategies; able to assist in negotiations. Understands appropriate targets and outcomes for negotiation; uses information to tailor approach. Uses leverage besides cost savings in negotiations.

  • Problem Solving: Able to define problem and determine potential causes. Finds appropriate solutions to problems or knows who to reach out to for help. Able to root cause for problem identification.

  • Communication and Influence: Identifies those who should be persuaded to support a desired course of action. Proactively synthesizes and shares information with stakeholders. Persuades others with logical, data-driven arguments.

  • Information Navigation: Explores and synthesizes different sources of information for stakeholders. Understands different sources of information and can distill information to share with stakeholders in a digestible way. Able to identify inaccurate information.

  • Intellectual Curiosity: Contributes to innovative solution creation. Explores new solutions to problems and constructively challenges assumptions held by stakeholders. Brainstorms new, creative solutions.

  • Value Orientation: Builds end-to-end value thinking. Manages projects and goals with little assistance. Establishes performance standards and measurements for work. Delivers on value proposition.

Other Qualifications:

Educational Qualification-
4 year bachelor degree is required, advanced business degree preferred

Experience-
Minimum 5 years in similar role.

Skills Required

  • Bachelor's degree (4 year)
  • Advanced business degree (MBA or similar)
  • Minimum 5 years in a similar sourcing or procurement role
  • Experience in supplier assessment and supplier management
  • Contract negotiation and contract management experience
  • Strategic sourcing and portfolio/spend management experience
  • Financial acumen, including analyzing total cost structures
  • Legal acumen related to contract terms and compliance
  • Strong negotiation skills
  • Effective communication and stakeholder influence skills
  • Problem solving and root cause analysis capabilities
  • Collaboration and teamwork
  • Information synthesis and data-informed decision making
  • Intellectual curiosity and innovation orientation
  • Value orientation and ability to manage projects/goals with little assistance

Woodward, Inc Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Woodward, Inc and has not been reviewed or approved by Woodward, Inc.

  • Retirement Support Feedback suggests the retirement program combines a 401(k) match with additional company contributions and ownership opportunities, strengthening long-term rewards. Profit-sharing and an employee stock purchase plan further expand savings options.
  • Healthcare Strength Core coverage spans medical, dental, vision, life insurance, and disability, and is frequently characterized as comprehensive. Well-being programs and assistance resources add depth to the health offering.
  • Leave & Time Off Breadth Paid holidays, vacation/PTO, and paid maternity/paternity leave are included. The ability to purchase additional vacation in some cases broadens time-off flexibility.

Woodward, Inc Insights

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The Company
HQ: Fort Collins, CO
Year Founded: 1870

What We Do

Woodward is an independent designer, manufacturer and service provider of energy control and optimization solutions for aerospace and industrial markets. For 150 years, Woodward has focused its resources and expertise on delivering proven systems that perform under incredible demands. Our customers have come to rely on us to help them address and solve the challenges associated with global efficiency initiatives – from reducing emissions, to increasing energy efficiency, to helping them introduce alternative energy sources.

Why Work With Us

A career at Woodward offers professional and personal growth. You will work alongside the brightest minds in our industry, help develop innovative technology and products, and contribute to our company’s goal of always innovating for a better future. People join Woodward for a job and end up building a career for a lifetime.

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