Head- Sourcing & Costing

Responsibilities & Key Deliverables

New Part Sourcing

• Finalize the supplier panel for new part development programs
• Lead negotiations and achieve final price sign-off for new sourced parts

Periodic Price Settlements

• Manage price settlements arising from raw material (RM) fluctuations and Engineering Change Notices (ECNs)
• Ensure all price revisions are based on established RM indices for consistency and transparency

Budgeting

• Prepare budgets for commodity price movements and conversion cost increases
• Provide accurate cost forecasts to support business planning

Cost Mitigation (VA/VE)

• Mitigate price increases through Value Analysis / Value Engineering initiatives
• Proactively identify and implement cost-reduction opportunities

Supplier Quality

• Drive continuous improvement in supplier quality performance
• Lead corrective actions to resolve quality issues at the supplier end

New Technology Sourcing

• Identify and develop suppliers capable of meeting new technology requirements (e.g., EV, lightweighting, ADAS components)

AI & Productivity

• Use AI tools to identify opportunities for improving sourcing systems and productivity

Supplier Contracts & Risk Mitigation

• Ensure robust supplier contracts are in place to mitigate future supply chain disruptions
• Ensure ongoing supplier compliance with quality, regulatory, and sustainability requirements

Commodity Management

• Own sourcing strategy across Sheet Metal, Casting, Forging, Fasteners, Plastics, Rubber, and Proprietary components

Complex Problem Solving

• Handle high-complexity, cross-functional sourcing challenges with sound judgment and analytical rigor

Experience

15 years and beyond in the similar industry preferred.

Industry Preferred

Automotive – PV/ CV

Qualifications

B Tech / MBA

No Diploma holders.

General Requirements

• Good analytical skills, Negotiation capability.
• Commodity knowledge in Sheet metal, casting, forging, fasteners, Plastic, Rubber & Proprietary
• Ability to handle complex tasks, detail oriented, high integrity
• Experience: 12- 15 yrs
• Industry Preferred: Automotive – PV/ CV
• Qualifications: B Tech / MBA 

Our commitment to Diversity, Equity, and Inclusion

At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive.
We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law.
We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants.
Together, we rise by embracing differences and building a future that reflects the communities we serve.