Sourcing Manager
Educational Details: Bachelor degree
City: Mumbai
State: Maharashtra
Postal Code: 110000
Occupational Category: Fulltime
Recruiter: Aparna Gupta
Qualifications: Bachelor degree
Experience: 7-10 year
Salary: 110000
Industry: Apparels
Openings: 1
Primary Responsibilities :
• 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 administer 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 required 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 opporunities 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 deapartment management and may participate on specific workgroups as requested.
Desired Skills:
Good Communication Skill
Negotiation Skills
Work under pressure and can take the decisions quickly
Team Handling
Experience Requirements:
Minimum 7 to 8 Years Experience in sourcing profile