Procurement Specialist

2 days ago

Agra, Uttar Pradesh, India beBeeSourcing Full time ₹ 15,00,000 - ₹ 25,00,000
Job Title: Sourcing Manager

About Us:

The Souled Store is 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. Apart from selling products with themed designs such as superheroes, movies, TV shows, and cartoons, the brand also

is at the forefront of the latest youth style and fashion trends. In addition to core men and women wear apparel categories, we have also 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.

We believe that people do their best work when they love what they do. Over the years, we have built a strong team of like-minded people that work smart, own their work, and think like leaders. If you identify with what we do and are interested in being a part of an aggressively growing brand, we would love to have you on Board

Job Description:

You will be overseeing the strategic sourcing activities within the organization. This role involves developing and implementing sourcing strategies, managing supplier relationships, ensuring cost-effective procurement, and driving continuous improvement in the sourcing process. You will work closely with cross-functional teams to ensure the procurement of high-quality goods and services that meet the company's requirements.

Responsibilities:

  • Supplier Management: Identify and evaluate potential suppliers, conduct market research, and stay abreast of industry trends.
  • Sourcing Strategies: Create and manage a preferred supplier list based on performance metrics and company requirements.
  • Contract Negotiation: Establish and maintain strong relationships with key suppliers to ensure continuity of supply and adherence to quality standards.
  • Performance Reviews: Conduct regular supplier performance reviews and audits, and implement improvement plans as necessary.
  • Pricing and Procurement: Negotiate contracts, terms, and pricing with suppliers to achieve the best value for the company.
  • Documentation and Budgeting: Ensure the timely and accurate processing of purchase orders, invoices, and other procurement documentation.
  • Budget Management: Develop and manage the sourcing budget, identifying opportunities for cost savings and efficiency improvements.

Qualifications:

To succeed in this role, you should have:

  • A Bachelor's degree in Supply Chain Management, Business Administration, or a related field. MBA or relevant certification (e.g., CPSM, CIPS) is preferred.
  • A minimum of 5- 10 years of experience in sourcing or procurement, with at least 5-7 years in a managerial role.
  • A 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.

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