• Sourcing, Pricing, Supplier Risk Management and Mitigation Strategies for all potential risks. • Material Cost Control and Continuous improvement on material costs technically and strategically for ensuring the highest contribution to the company. • Mid-Term and Long-Term Sourcing and Commodity Strategies. • Raw Material Management and Techno-Commercially Competitive Sourcing Strategies. • Ensure 100% Compliance of Processes and Systems • New components sourcing & Resourcing • Serial life cost reductions • Define and Implement Commodity and Sourcing Strategies including the Alignment with TT/G and Cross Functional Stakeholders. • Elaborate Local Sourcing Strategies for all relevant commodities considering specific regional Macroeconomic conditions. • Setting and Execution of Annual Material Cost Reduction targets achievement. Establish the negotiation Strategies and keep up the long-term cost efficiency by generating more cost optimization ideas by involving all internal & external stakeholders (team, CFT, Suppliers, etc.,) • “Win-Win” Should Cost Models and achievement for the respective sourcing • Techno-commercially Competitive Sourcing for all New Products Projects (NPP) and Series Sourcing Optimization Cases (Resourcing, Multi-Sourcing, Best Cost Country Sourcing, Aftersales Parts, Change Management and Other Risk Mitigation Cases). • Utilize Daimler Global TT/G Procurement network and find opportunities of global sourcing. • Raw Material Planning, negotiation and competitive buying strategies & implementation. • Supplier Risk Management and appropriate Mitigation Strategies for long-term business resilience by meeting QCD targets. • Financial Supplier Risk Management: Robust Fall-back strategies for financially distressed suppliers to protect short-term and long-term business goals. • Robust Contract Managements for the respective 100% Supply Base to protect the mid-term and long-term business interests (Long Term Agreements, Supply Agreements, Framework Agreements, Development Agreements, Raw Material & FX Settlement Methodology, Volume Clauses, Warranty, Product Liability, Cyber Security & ESG Sustainability Agreements, etc.,). • Lead Cross-Functional Supplier Evaluation Visits. • Cooperate with internal departments and interface with suppliers for negotiation, alignment, and resolution of issues. • Implement adequate reporting and controlling standards and present target achievement /progress to various top management forums. Minimum - BE/BTec Mech / Production / Automobile ~10 Years of Experience in Direct Parts Sourcing and Contracting Good Commercial acumen and Product and Process Knowledge required Sourcing Commodities expertise required - Stamping (Axles Housing, Brackets, Multi Thickness Washers) and Big Forgings ( Knuckles , Beams , Crankshafts, Gears , Shafts etc )