Sourcing Executive

3 days ago

Mumbai Metropolitan Region, India EvolutionCo Group | CX • Design • Marketing • Tech • Innovation Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Key Responsibilities:

  • Strategy & Market Analysis: Conduct thorough market research to identify new suppliers, industry trends, and cost-saving opportunities.
  • Supplier Management: Identify, evaluate, select, and onboard new suppliers. Manage existing supplier relationships, conducting regular business reviews and performance evaluations.
  • Sourcing & Procurement: Lead the end-to-end sourcing process for assigned categories, including RFx (Request for Proposal/Information/Quotation), supplier negotiations, and selection.
  • Cost Negotiation: Negotiate pricing, payment terms, and contracts to achieve significant cost reductions while maintaining quality and service levels.
  • Cross-Functional Collaboration: Work closely with internal stakeholders (e.g., Product Development, Engineering, Quality Assurance, Finance) to understand requirements and align sourcing strategies with business goals.
  • Contract Management: Draft, review, and manage supplier agreements and contracts to mitigate risk and ensure compliance.
  • Risk Mitigation: Develop and implement strategies to mitigate supply chain risks, including geopolitical, logistical, and single-source dependencies.
  • Data-Driven Decisions: Analyze spend data and key performance indicators (KPIs) to track savings, measure supplier performance, and inform strategic decisions.

Ideal Candidate Profile:

  • A Strategic Thinker: You see the big picture and plan several moves.
  • A Negotiator: You are persuasive, firm, and fair, always aiming for a win-win outcome.
  • A Relationship Builder: You excel at building trust and productive partnerships, both internally and externally.
  • Proactive & Agile: You anticipate needs, navigate challenges with ease, and thrive in a fast-paced environment.
  • Detail-Oriented: You manage multiple projects with precision and never let important details slip.

Job Location: Andheri East [ Marol ]

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