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Otis Elevator Co.

Sr.Manager Strategic Sourcing - Electrical

Company logo
Otis Elevator Co.
Designs, manufactures, and services elevators, escalators, and moving walkways worldwide.
Develop and implement sourcing strategies for electrical components to reduce cost and ensure quality.
13d ago
Experienced (8-12 years)
Full Time
Bengaluru, Karnataka, India
Office Full-Time
Company Size
69,000 Employees
Service Specialisms
Maintenance Services
Installation Services
Modernization Services
Engineering Services
Consulting Services
Project Management
Design Services
Technical Services
Sector Specialisms
Buildings
Residential
Commercial
Transport
Utilities
Government
Role
What you would be doing
risk management
market analysis
negotiation
supplier management
sourcing strategy
kpi monitoring
  • Risk Management: Identify potential risks in the supply chain and develop strategies to mitigate them.
  • Market Analysis: Conduct thorough market research to stay informed of industry trends, emerging suppliers, and market conditions.
  • Negotiation: Lead negotiations with suppliers to secure advantageous terms for the company, including pricing, delivery, and service agreements.
  • Supplier Management: Establish and maintain effective relationships with suppliers, ensuring they meet company standards for quality, delivery, and cost.
  • Continuous Improvement: Identify opportunities for process improvements within the sourcing function and implement best practices.
  • Develop and Implement Sourcing Strategies: Identify and evaluate sourcing opportunities to drive cost savings and enhance supply chain efficiency.
  • Performance Metrics: Develop and monitor key performance indicators (KPIs) to measure the effectiveness of sourcing strategies and supplier performance.
  • Cross-Functional Collaboration: Work closely with internal teams, such as Product Development, Quality Assurance, and Operations, to align sourcing strategies with business objectives.
What you bring
detail-oriented
data analysis
negotiation
strategic sourcing
teamwork
procurement software
  • Detail-oriented with strong organizational skills.
  • Ability to analyze complex data and market trends.
  • Strong negotiation and communication skills.
  • Proven experience in strategic sourcing, procurement, or supply chain management on PCBA parts
  • Ability to work independently and collaboratively in a team environment.
  • Proficiency in procurement software and tools.
Benefits
Information not given or found
Training + Development
Information not given or found
Company
Overview
1853 Founded
Year of Establishment
Operates as a leader in vertical transportation solutions.
  • Pioneered the first passenger elevator, revolutionizing urban transportation.
  • Serves a wide range of sectors, including residential, commercial, and infrastructure projects.
  • Their work can be seen in iconic structures like the Burj Khalifa.
  • Focuses on safety, efficiency, and sustainability in urban spaces.
  • Advanced smart elevator systems enhance user experience and energy efficiency.
Culture + Values
  • We put people at the center of everything we do.
  • We are reliable, smart and focused on the future.
  • We are creating a more personal, connected world.
  • We roll up our sleeves to get it done.
Environment + Sustainability
50% Reduction
Emissions Target
Aims to cut Scope 1 and Scope 2 emissions by half by 2030.
100% Certification
Zero-Waste Goal
Seeks to achieve zero-waste-to-landfill certification for all factories by 2025.
30% COâ‚‚ Reduction
Emissions Achievement
Factories have reduced COâ‚‚ emissions by more than 30% since 2015.
6.62M lbs Recycled
Waste Diversion
Florence, SC factory recycled over 6.6 million pounds of sheet metal in a year.
  • Achieve carbon neutrality for factory electricity by 2030.
  • Complete ISO 14001 certification for all factories by 2025.
  • Spanish plants: San Sebastián factory LEED Platinum and 100% renewable energy; Vigo plant solar panels reducing electricity use ~30%, cutting ~44 metric tons COâ‚‚/year.
  • Science‑Based Targets initiative–approved goals: reduce absolute Scope 1 & 2 GHG emissions 55% by 2033 (2021 base year); reduce Scope 3 emissions 33% by 2033.
Inclusion & Diversity
34% Women Executives
Women in Leadership
34 percent of the company’s executives identify as women, reflecting gender diversity at the executive level.
26% Diverse Executives
Ethnic/Racial Diversity
26 percent of U.S.-based executives are ethnically or racially diverse, contributing to broader representation.
56% Diverse Board
Diverse Representation
Over half of the Board members are women, ethnically diverse, or both.
100% Gender Parity
Gender Parity Target
Aiming for equal gender representation in executive ranks by 2030.
  • Employee Resource Groups support colleagues in field operations, Black/African American communities, LGBTQ+ individuals, and others.
  • A six-point framework guides initiatives in anti-racism, bias education, STEM pipeline development, mental health support, and social justice.
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