Sourcing Specialist

Key Responsibilities

• Develop and implement a comprehensive sourcing strategy that aligns with business objectives, production demand, and cost targets.
• Conduct global and local supplier market research to identify emerging trends, new materials, and potential partners.
• Build a multi-tiered supplier base to reduce dependency and ensure business continuity.
• Establish long-term sourcing plans for critical raw materials considering lead times, availability, and seasonal demand fluctuations.
• Identify, evaluate, and qualify new suppliers based on technical capability, quality systems, financial stability, and ethical compliance.
• Develop supplier scorecards and manage performance reviews against KPIs such as on-time delivery, defect rates, responsiveness, and cost competitiveness.
• Negotiate and establish contracts, SLAs, and long-term agreements to secure favorable terms.
• Foster long-term partnerships with strategic suppliers while maintaining competitive alternatives.
• Lead cost negotiations with suppliers to achieve maximum value without compromising quality.
• Conduct should-cost analysis and benchmarking to validate supplier pricing.
• Identify opportunities for cost savings through volume consolidation, alternative materials, and supplier partnerships.
• Support budgeting and financial planning by providing accurate forecasts for material costs.
• Ensure all sourced materials meet company quality standards, product specifications, and regulatory requirements.
• Collaborate with the quality team to conduct supplier audits, material testing, and certification checks.
• Manage corrective action processes for quality non-conformance.
• Maintain documentation of compliance with environmental, ethical sourcing, and safety regulations.
• Champion the use of sustainable and eco-friendly materials where applicable.
• Work with logistics and warehouse teams to optimize inbound supply, customs clearance, and delivery timelines.
• Ensure sourcing aligns with production schedules, stock levels, and warehouse capacity.
  • Develop contingency sourcing strategies to address potential disruptions.
  
  • Track supplier lead times and implement strategies to minimize delays.
  
  • Continuously review sourcing processes to improve efficiency and transparency.
• Implement digital tools for supplier management, tendering, and contract tracking.
• Promote innovation in material sourcing by engaging with suppliers on new technologies, finishes, and sustainable alternatives.
• Prepare detailed sourcing reports on supplier performance, cost savings, and market trends.
• Develop dashboards for KPIs such as supplier OTIF (On Time In Full), cost variance, sourcing cycle time, and material quality performance.
• Present quarterly sourcing performance reviews to senior management.
• Track and report savings achieved through negotiations, alternative sourcing, and efficiency improvements.

Qualifications - Required

• Bachelors degree in Supply Chain Management, Procurement, Business Administration, or Industrial Engineering.
• 8-10 years of experience in procurement or sourcing within manufacturing (preferably furniture, interiors, or related industries).
• Strong knowledge of raw materials relevant to furniture production (timber, veneers, fabrics, foams, metal hardware, chemicals, finishes).
• Proven track record in supplier negotiations, contract management, and cost optimization.
• Proficiency with ERP/MRP systems.
  • Strong analytical, communication, and project management skills.

Qualifications - Preferred

• Professional certifications (CIPS, APICS, ISM CPSM, or equivalent).
  
  • International sourcing experience with exposure to global supplier markets.
  • Knowledge of sustainable sourcing practices and ESG compliance.
  
  • Experience in lean procurement or strategic sourcing frameworks.
  
  • Multilingual skills to support supplier relationships in multiple regions.

Key Attributes

• Strategic Thinker: Balances cost, quality, and supply security in long-term planning.
• Strong Negotiator: Secures favorable supplier terms while fostering long-term relationships.
• Analytical & Commercial: Uses data-driven insights for cost analysis and supplier evaluation.
• Innovative: Explores new materials, sustainable practices, and emerging supply sources.
  • Collaborative: Works cross-functionally with production, design, quality, and finance.
• Ethical & Responsible: Committed to integrity, transparency, and sustainability in sourcing.

Why Join Us?

At Prioria, we combine craftsmanship, innovation, and excellence across luxury furniture and real estate. As part of our team, you will have the opportunity to shape a thriving workplace culture and grow alongside a brand defined by vision and prestige.