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Procurement Strategist
3 weeks ago
About us:
We're a youth casual-wear brand started in 2013. We're one of India's largest online merchandising platforms with licenses from top brands.
We sell products with themed designs, as well as the latest youth style and fashion trends. In addition to core men and women wear apparel categories, we've also expanded to new categories and introduced product lines like activewear, supima products, innerwear, and personal care products.
Our brand is born out of the idea of loving what you do, from the soul. We believe that people do their best work when they love what they do.
You'll be overseeing strategic sourcing activities within our organization. This role involves developing and implementing sourcing strategies, managing supplier relationships, ensuring cost-effective procurement, and driving continuous improvement in the sourcing process.
Key Responsibilities:
- Identify potential suppliers, conduct market research, and stay up-to-date with industry trends.
- Create and manage a preferred supplier list based on performance metrics and company requirements.
- Establish strong relationships with key suppliers to ensure 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, identifying opportunities for cost savings and efficiency improvements.
Required Skills and Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field. An MBA or relevant certification is highly desirable.
- 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.
