Sourcing Executive

7 months ago

Gurugram Haryana, India Floor and More Stores Pvt Ltd Full time

Sourcing managers analyze and direct the costs and expenditures related to a company's procurement. They source a company's strategic supply partners and develop sourcing policies. Sourcing managers also create cost estimates and forecasts for the procurement and negotiate reasonable and cost-effective contracts. They evaluate sourcing procedures, present improvement strategies for senior management approval, and analyze and calculate procurement costs and research and develop cost reduction strategies.

Sourcing managers drive purchasing decisions based on scenario analysis, market trends, and cost and negotiate contracts with key suppliers. They collaborate with the procurement department and identify and follow up with potential new suppliers. They conduct market research, create forecasts and cost estimates, and are responsible for hiring, training, and managing procurement department employees. They maintain strategic sourcing relationships, develop strong partnerships, and need a bachelor's degree in business, economics, finance, logistics, or related fields and at least four years of procurement experience in a related industry.

Pay: From ₹30,000.00 per month

**Benefits**:

- Health insurance

Schedule:

- Day shift

Supplemental pay types:

- Commission pay
- Performance bonus
- Yearly bonus

**Experience**:

- total work: 1 year (preferred)

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