Sourcing Manager, Hardlines- Hardware
1 month ago
Experience- 7 years – 11 years
Location- Bangalore
Onsite- 5 Days
Essential Functions
Communicates with retail teams to align sourcing strategies, arrange buy trips, and manage critical issues during the order execution process.
Oversees factory capability and capacity, product quality, and on-time delivery.
Conducts supplier assessments and formulates the supplier matrix for an assigned category.
Develops and maintains relationships with suppliers.
Demonstrates awareness of trade and political issues for assigned geographies and incorporates into sourcing proposals.
Understands buying objectives and product specifications and communicates with suppliers.
Negotiates product and price and develops alternatives to achieve sourcing objectives. Identifies and resolves pricing and factory issues with suppliers.
Partners with Merchandise Quality Engineers on problems related to quality.
Presents sourcing solutions that mitigate risks while maintaining profitability.
Collaborates cross-functionally with the various business partners and suppliers to understand business needs and priorities and develop optimal solutions to support.
Collaborates with the Global Supply Management team to align order strategy. Leverages suppliers with different retail markets.
Mentors and guides team members with sourcing-related activities.
Understands supplier capabilities, capacity, and performance. Plans factory visits to monitor production and assess factory capacity.
Uses in-depth understanding of component pricing to provide cost-saving opportunities. Actively participates in order placement decisions.
Leads sourcing initiatives/projects with cross-functional partners. Provides coaching/guidance to team members on sourcing activities.
Continuously develops product and market knowledge and industry know-how. Applies digitalization and new ways of working during sourcing activities.
Optimizes strategic sourcing and procurement processes. Coordinates, completes, and oversees job-related activities and assignments by developing and maintaining relationships with key stakeholders; supporting plans and initiatives to meet customer and business needs; identifying and communicating goals and objectives; building accountability for and measuring progress in achieving results; identifying and addressing improvement opportunities; and demonstrating adaptability and promoting continuous learning.
Provides supervision and development opportunities for associates by hiring and training; mentoring; assigning duties; providing recognition; and ensuring diversity awareness.
Ensures compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by implementing related action plans; utilizing and supporting the Open Door Policy; and providing direction and guidance on applying these in executing business processes and practices
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