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Strategic Sourcing Expert
3 weeks ago
About our organization,
a homegrown youth casual-wear brand started in 2013, we are one of India's largest online merchandising platforms with licenses like Disney, Warner Bros; WWE, IPL, Viacom18 to name a few.
We have expanded to new categories and introduced new product lines like activewear, supima products, innerwear, personal care products like perfumes etc.
We have also launched footwear and kidswear recently.
Our team is comprised of like-minded individuals who work smart, own their work, and think like leaders. If you identify with our values and are interested in being part of an aggressively growing brand, we would love to have you on board.
This role involves developing and implementing sourcing strategies, managing supplier relationships, ensuring cost-effective procurement, and driving continuous improvement in the sourcing process.
Responsibilities:
- Identify and evaluate potential suppliers, conduct market research, and stay abreast of industry trends.
- Create and manage a preferred supplier list based on performance metrics and company requirements.
- Establish and maintain strong relationships with key suppliers to ensure continuity of supply and adherence to quality standards.
- Conduct regular supplier performance reviews and audits, and implement improvement plans as necessary.
- Negotiate contracts, terms, and pricing with suppliers to achieve the best value for the company.
- Ensure the timely and accurate processing of purchase orders, invoices, and other procurement documentation.
- Develop and manage the sourcing budget, identifying opportunities for cost savings and efficiency improvements.
Requirements :
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field. MBA or relevant certification (e.g., CPSM, CIPS) preferred.
- Minimum of 5- 10 years of experience in sourcing or procurement, with at least 5-7 years in a managerial role.
- Proven track record of developing and implementing successful sourcing strategies.
- Strong negotiation, contract management, and supplier relationship management skills.
- Excellent analytical and problem-solving abilities, with a keen attention to detail.