Sourcing Manager

6 days ago

Ludhiana, Punjab, India Jain Amar Full time US$ 90,000 - US$ 1,20,000 per year

Key Responsibilities

  • Developing and implementing sourcing strategies to meet the organization's procurement needs.
  • Coordinate with internal stakeholders to understand their sourcing requirements and provide timely support.
  • Identify and evaluate potential vendors and suppliers to ensure the procurement of goods and services meets quality and budget requirements.
  • Negotiate contracts and terms of agreement with vendors to secure advantageous pricing and terms.
  • Monitor and analyze market trends, supplier capabilities, and product innovation to drive sourcing improvements.
  • Oversee the procurement process to ensure timely delivery of goods and services while maintaining optimal inventory levels.
  • Manage vendor relationships and conduct performance reviews to ensure adherence to quality and delivery standards.
  • Prepare and present regular reports on sourcing activities, cost savings, and vendor performance to the management team.
  • Should have strong commercial experience and a demonstrable track record of success in a Category/Sourcing-focused role.
  • have strong Vendor development experience in the Western women's wear or Men's wear Category & have the ability to build strong working relationships with a wide range of internal stakeholders
  • Excellent analytical abilities to assess supplier capabilities, market trends, and cost structures. be conversant with market and trading data
  • Effective communication and interpersonal skills to liaise with internal stakeholders and external suppliers.
  • Proficiency in project management tools and techniques to drive sourcing projects to successful completion.
  • Ability to solve complex problems and make data-driven decisions to optimize the sourcing process.

Required Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Proven experience (8+ years) in sourcing, procurement, or vendor management.
  • Demonstrated knowledge of sourcing strategies, supply chain principles, and procurement best practices.
  • Strong negotiation skills with the ability to secure favorable terms and pricing.
  • Proven track record of driving cost savings and operational improvements through sourcing initiatives.
  • Skills: negotiation, supply chain management, vendor management, analytical skills, communication, project management, sourcing, data

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