Sourcing Manager

2 weeks ago


Jaipur, Rajasthan, India Derewala Industries Limited Full time
About Derewala Industries Ltd.

Derewala is a renowned global leader in jewelry manufacturing, celebrated for innovation, sustainability, and quality. With cutting-edge technology and a diverse clientele, we strive to create timeless pieces while adhering to eco-friendly practices. Our history dates back to 1987, marked by a commitment to the highest standards of quality and on-time delivery. Headquartered in Jaipur, India's jewelry hub, Derewala has expanded its global footprint, serving esteemed clients in over 30 countries across 6 continents.

Key Responsibilities
  1. Understanding the material/service requirements of all concerned departments and its associates to cater to future orders and ensure smooth operations. Additionally, clubbing of purchase requisition & sourcing requirements- product-wise at the group level.
  2. Negotiating with existing vendors for sourcing & supply of materials/services at minimum pricing while ensuring quality standards.
  3. Exploring new vendors (OEM, foreign vendors, distributors, etc.) and negotiating with them for best price & quality w.r.t. point #1.
  4. After completing negotiation, selecting L1 & L2 vendors and entering into an agreement with the vendor.
  5. Ensuring all types of products & services are covered with the above process.
  6. Continuously seeking new vendors offering minimum rates with best quality.
  7. Maintaining a tracker showing vendors with whom sourcing agreements are done, along with types of products covered. Also, demonstrating cost & benefit analysis of selection of each L1, L2 vendor to the management.
Requirements
  • A proactive professional with a minimum of 10 years of experience in sourcing, along with strong team management capabilities.
  • B. Tech (preferably mechanical) qualification.
  • Exceptional negotiation skills and ability to build and manage strong vendor relationships.
  • Proven experience in leading teams and delivering sourcing strategies that drive cost-efficiency and quality.


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