
Executive Director of Sourcing
4 days ago
We are seeking an accomplished executive to oversee our procurement activities.
Key Responsibilities:- Procurement Excellence:
- Diligently identify and assess suppliers/vendors for raw materials, machinery spares, consumables, and services.
- Negotiate contracts that balance cost-effectiveness with quality and delivery timelines.
- Develop strategic sourcing strategies to ensure uninterrupted supply.
- Supplier Relationship Management:
- Cultivate strong relationships with suppliers.
- Evaluate vendor performance based on quality, cost, and delivery efficiency.
- Negotiate terms, payment conditions, and service level agreements.
- Purchase Operations:
- Issue Purchase Orders (POs) in line with company policies and approvals.
- Ensure timely procurement of materials as per production schedules.
- Maintain accurate inventory levels and coordinate with warehouse teams for replenishment.
- Cost Efficiency:
- Implement initiatives to reduce costs without compromising quality or delivery standards.
- Benchmark prices to identify opportunities for long-term contracts.
- Compliance & Record-Keeping:
- Maintain detailed records of procurement activities, including POs, invoices, GRNs, and contracts.
- Ensure adherence to company policies, regulatory requirements, and audit standards.
- Coordinate with finance for vendor payments and reconciliations.
- Collaboration & Issue Resolution:
- Foster close relationships with production, quality, accounts, and logistics teams to optimize supply chain operations.
- Resolve material-related issues with suppliers and internal departments.
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