Strategic Sourcing Specialist

1 week ago

Ellore, Andhra Pradesh, India beBeeProcurement Full time ₹ 15,00,000 - ₹ 25,00,000
Procurement Expert

We are seeking a skilled Procurement Expert to oversee 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.

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 organization.
  • 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.
What We Offer

Our team offers a dynamic work environment, opportunities for career growth and development, and a competitive compensation package.

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