Sourcing Manager

4 weeks ago

madhya pradesh, India Kyari (A Brand of Select) Full time
About the company:
We are a budding home decor startup, yet a leading one in the D2C space.
Two years ago, with a small team of 3 people from Indore, we launched our game-changing self-watering planters. We believed then, as we do now, that home decor should be both beautiful and hassle-free.
Our self-watering plants with planters were an instant hit. Customers loved the idea of watering their plants just once a week. It has made plant parenting a breeze. And with their continued support, we have become known for delivering top-notch products that combine style and function seamlessly.
Our goal is to shake up the home decor industry by offering innovative solutions. We promise quick delivery of live plants, stunning design, premium quality, and easy plant care.
Join us as we pave the way for a new era in home decor
To know more visit:
Summary:
We are seeking a motivated and detail-oriented Sourcing Manager to join our team. You will be responsible for identifying, evaluating, and managing supplier relationships to ensure the procurement of high-quality products/materials aligned with our company's objectives. The role requires strong negotiation skills, market analysis, and a proactive approach to sourcing.
Responsibilities:
Customs clearance:
Coordinate for import/export shipment activities, including customs clearance and documentation. Develop and implement policies and procedures related to imports.
Logistics:
Liaise and negotiate with freight forwarders and other third parties to ensure timely and accurate import processes and paperwork
Supplier Identification and Evaluation:
Identify potential suppliers aligned with product needs through market research and industry analysis.
Evaluate supplier capabilities, conduct due diligence, and assess their ability to meet quality standards and delivery requirements.
Contract Management :
Negotiate terms, pricing, and contracts with suppliers, aiming for favourable terms while maintaining quality and cost-efficiency.
Draft and manage supplier contracts, ensuring compliance with legal and company standards.
Quality Assurance and Compliance:
Collaborate with suppliers to establish quality standards and specifications for products/materials.
Monitor supplier performance, conduct quality audits, and ensure compliance with regulatory and company standards.
Supplier Relationship Management:
Build and nurture strong relationships with suppliers, fostering collaboration and resolving any issues or disputes that may arise.
Conduct regular supplier meetings, performance reviews, and feedback sessions to improve partnership effectiveness.
Cost Management and Optimization:
Analyze pricing trends, market fluctuations, and cost structures to optimize sourcing strategies and minimize procurement expenses. Identify opportunities for cost savings and efficiencies in the sourcing process without compromising quality.
Cross functional Collaboration:
Work closely with the marketplace team to forecast demand, ensure timely deliveries, and manage inventory levels based on product requirements. Collaborate cross-functionally to streamline processes and align sourcing activities with company goals.
Qualifications and Skills:
Experience in Import & Export is a must. Well versed with different stages of Customs clearance and compliances
Logistics - Sea freight and air freight, along with first and last mile
Inventory planning
Excellent vendor management and negotiation
Good communication skills
Proficiency with MS Office and sourcing / procurement software is advantageous
Cost efficient mindset
Bachelor's degree in Supply Chain Management, Business Administration, or related field. Master's degree or certifications (e.g., CPSM) is a plus
Proven experience 4-5 years in sourcing, procurement, or supply chain management, preferably in a D2C or retail environment

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