Strategic Sourcing Specialist

11 hours ago

Belgaum, Karnataka, India beBeeSourcing Full time ₹ 15,00,000 - ₹ 25,00,000
Procurement Excellence

About us:

We are a leading player in the jewelry manufacturing industry, committed to innovation, sustainability, and quality. With cutting-edge technology and a global clientele, we strive to create timeless pieces while maintaining eco-friendly practices.

Our headquarters is based in Jaipur, India's jewellery hub, where we have expanded our global footprint to serve esteemed clients in over 30 countries across 6 continents.

Main Responsibilities:

  • Develop and implement strategic sourcing plans aligned with business objectives.
  • Lead, mentor, and manage the purchase and store team to achieve departmental targets.
  • Optimize procurement, inventory, and sourcing processes for cost savings and efficiency.
  • Understand department requirements, club purchase needs, and source accordingly at group level.
  • Negotiate with existing and new vendors (OEMs, foreign vendors, distributors) for best pricing and quality.
  • Finalize L1/L2 vendors, execute agreements, and maintain vendor trackers with cost-benefit analysis.
  • Ensure compliance with legal, safety, and environmental standards.
  • Manage inventory to meet production demands while minimizing waste and obsolescence.
  • Continuously explore and develop new vendors to improve rates and services.
  • Utilize ERP systems for tracking and reporting.
  • Monitor costs, analyze performance metrics, and report improvements to management.

Qualifications & Skills:

  • Bachelor's degree in Engineering
  • 13–17 years of experience in strategic sourcing, procurement, or supply chain (Manufacturing industry experience preferred).
  • Strong negotiation, contract management, and analytical skills.
  • Knowledge of ERP systems and supplier management processes.
  • Excellent communication, relationship management, and problem-solving skills.
  • Ability to work under pressure, manage multiple priorities, and drive cost efficiency.

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