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Sourcing Manager

2 weeks ago

Coimbatore, Tamil Nadu, India Steadfast Corporate Services Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job description:

Job Title: Sourcing Manager Electronics, Household & Furniture - Retail/FMCG

Location: Coimbatore

Department: Sourcing & Procurement

Reports To: Senior Manager Operations

Job Purpose:

We are looking for an experienced and strategic Senior Sourcing Manager to lead the sourcing and procurement operations across Electronics, Household, and Furniture categories. The ideal candidate will have a proven track record in retail sourcing, strong supplier management skills, and an in-depth understanding of market trends and customer preferences.

Key Responsibilities:

  • Develop and implement sourcing strategies for Electronics, Household, and Furniture categories aligned with business goals.
  • Identify, evaluate, and onboard reliable vendors and suppliers for quality, price competitiveness, and delivery timelines.
  • Negotiate contracts, terms, and pricing to ensure optimal cost savings without compromising quality.
  • Monitor vendor performance and maintain long-term supplier relationships.
  • Collaborate with merchandising, category management, and operations teams to forecast demand and ensure inventory availability.
  • Track market trends, customer preferences, and competitor activities to drive assortment planning.
  • Conduct regular supplier audits and quality checks to ensure compliance with company standards.
  • Analyze sales data and inventory reports to refine sourcing plans and reduce dead stock.
  • Ensure compliance with legal, quality, and sustainability standards in all sourcing practices.
  • Lead, mentor, and guide the sourcing team to achieve category targets.

Key Requirements:

  • Education: Bachelors degree in Supply Chain, Business, or related field. MBA preferred.
  • Experience: Minimum 810 years of sourcing experience in the retail industry, with specific exposure to Electronics, Household, and Furniture categories.
  • Strong negotiation, communication, and vendor management skills.
  • Proven ability to drive cost efficiency and process improvement.
  • Excellent analytical and strategic thinking abilities.
  • Familiarity with ERP and sourcing software tools.
  • Willingness to travel for vendor visits, exhibitions, and trade fairs.

Key Competencies:

  • Strategic Planning
  • Cost Negotiation
  • Category Management
  • Vendor Relationship Management
  • Market Intelligence
  • Leadership & Team Management
  • Quality Assurance
  • Decision-Making

Job Type: Full-time