Sourcing Manager, Hardlines- Hardware
4 weeks 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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