Sourcing Manager
1 month ago
Job decription
- Define, develop, negotiate and contract strategic sourcing solutions that meet businesses requirement and enhance profitabiliy by controlling / reducing costs, improving payment terms, reducing inventory and optimizing supply chain effeciencies.
- Identify situations were procurement incolvement can be increased.
- Need to ensure that the decision- making process is supported bt technical and functional knowledge of the category and leading edge analytical methods which encompass people, systems and financial measures.
- Challenge suppliers and internal customers to identify and implement innovative designs, value add specification changes,concepts and materials.
- Develop a sourcing plan for both for local and international sources, so that fast and effectively sourcing is possible.
- Develop and adminster an efficient global supply chain and monitor inventory for all global products and assist to increase growth.
- Supervise every negotiation and provide guidelines to prepare documents for purchasing and making contract.
- Monitor sourcing startegy and if any change is requried to ensure better sourcing then change the strategy according to the market condition.
- Collaborate with internal teams and initiate appropriate the changes.
- Deeply analyse customer requirements and evaluate the each and every sourcing alternatves and then finally pick the right one.
- Perform and anlysis monthly forecasting report to ensure and maintain acceptable inventory level.
- Negotiate for minimizing the cost of materials and get the best possible price.
- Develop and implement category plans for indirect spend arears that capitalizes on market opporunties and aligns with functional business requirements.
- Production planning, oversight and coordination with contract manufacturers.
- Assisting team with executing new product development :develop and implement quality specifications during trail productions and beyond.
- Forecasting production and supply needs, in coordination with sales operations manager, and budgeting accordingly.
- Evalutation of quality of raw materials and supplies based on company’s demand and supply.
- Implementation of systems to pre-empt, identify and promptly correct any operational or quality issues.
- Work on special projects as requested by management: supports all levels of deaprtment management and may participate on specific workgroups as requested.
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