Sourcing Manager
3 weeks ago
Company Description
WCube is a B2B Tech enabled Buying and Managed Marketplace serving mid and large sized enterprises, located in Gurugram. The company focuses on creating synergies between technology and B2B buying, with a core innovation centered around the 'Bottom of the Pyramid'.
As a Sourcing Manager , you will be responsible for overseeing the procurement of consumables, managing vendor relationships, facilitating vendor onboarding, and handling complex site-level sourcing needs. You will play a pivotal role in ensuring that inventory management processes are seamless and optimized for efficiency. This role demands a proactive individual with exceptional negotiation skills, attention to detail, and a strategic mindset.
Key Responsibilities- Procurement of Consumables : Develop and implement effective strategies for sourcing consumables, ensuring cost-effectiveness and quality standards.
- Vendor Management : Identify, evaluate, and maintain relationships with key vendors, ensuring reliable supply chains and consistent service quality.
- Vendor Onboarding : Streamline and standardize the onboarding process for new vendors, ensuring compliance with WCube’s procurement policies and quality standards.
- Complex Site-Level Sourcing : Oversee sourcing requirements for multiple or large-scale sites, addressing unique needs and challenges with customized solutions.
- Inventory Management : Collaborate with internal teams to maintain optimal inventory levels, minimize waste, and ensure timely replenishment.
- Contract Negotiation : Negotiate favorable terms and contracts with suppliers, balancing cost, quality, and risk.
- Performance Metrics : Monitor supplier performance, ensuring key metrics such as delivery timelines, cost savings, and quality compliance are consistently met.
- Cost Optimization : Identify opportunities to reduce procurement costs without compromising quality or operational efficiency.
- Cross-Functional Collaboration : Work closely with operations, logistics, and finance teams to align sourcing strategies with company objectives.
- Bachelor’s degree in Supply Chain Management, Business, or a related field. A Master’s degree is a plus.
- Minimum 5-7 years of experience in procurement, vendor management, and sourcing, preferably in consumables or inventory-driven industries.
- Proven track record of managing complex vendor networks and handling site-level sourcing requirements.
- Strong negotiation, analytical, and problem-solving skills.
- Proficiency in procurement software, ERP systems, and inventory management tools.
- Excellent communication and stakeholder management abilities.
- Ability to multitask, prioritize, and work under tight deadlines in a fast-paced environment.
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