Strategic Sourcing Specialist

4 days ago


Coimbatore, Tamil Nadu, India beBeeProcurement Full time ₹ 20,00,000 - ₹ 25,00,000
Procurement Professional

About Us: We're a Homegrown Youth Casual-Wear Brand.

We don't just sell products; we create lifestyle statements through our themed designs, keeping up with the latest youth fashion trends. Our product lines include core men and women wear, activewear, supima products, innerwear, personal care products, and even footwear and kidswear

We believe that people do their best work when they love what they do.

Job Description:

You will be overseeing 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 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 company.
  • 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.

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