Strategic Sourcing Specialist

2 days ago

Mumbai, Maharashtra, India beBeeSourcing Full time ₹ 90,00,000 - ₹ 1,20,00,000

Job Overview

The Sourcing Associate is responsible for overseeing the strategic sourcing activities within the organization.

  • Develop and implement sourcing strategies to ensure cost-effective procurement.
  • Manage supplier relationships to guarantee continuity of supply and adherence to quality standards.
  • Negotiate contracts, terms, and pricing with suppliers to achieve the best value for the company.
  • Ensure timely and accurate processing of purchase orders, invoices, and other procurement documentation.
  • Develop and manage the sourcing budget to identify opportunities for cost savings and efficiency improvements.

Key Responsibilities

  1. Identify and evaluate potential suppliers by conducting market research and staying up-to-date on industry trends.
  2. Create and manage a preferred supplier list based on performance metrics and company requirements.
  3. Establish strong relationships with key suppliers to drive continuous improvement in the sourcing process.

Requirements

  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field. An MBA or relevant certification is highly desirable.
  • Minimum 1-3 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 attention to detail.

Benefits

  • Opportunity to work in a dynamic environment with a growing team.
  • Professional development and training opportunities.
  • Competitive salary and benefits package.

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