We are looking for an experienced Sourcing Manager to join our team in Mumbai. The ideal candidate should have 10 to 15 years of experience in sourcing and procurement.
**Key Responsibilities:**
- **Vendor Selection:** Identify and evaluate potential suppliers to ensure they meet quality and cost standards, helping the company maintain high standards at competitive prices.
- **Contract Negotiation:** Negotiate contracts with suppliers to secure favorable terms and conditions that align with our business goals, ensuring cost-effectiveness and risk management.
- **Market Analysis:** Conduct market research to stay informed about industry trends and supply chain dynamics, enabling effective decision-making regarding sourcing strategies.
- **Relationship Management:** Build and maintain strong relationships with key suppliers, fostering collaboration and ensuring smooth operations to drive efficiency.
- **Inventory Management:** Oversee inventory levels and ensure timely replenishment of stock, allowing for efficient operations and minimal disruptions in production.
- **Cross-Functional Collaboration:** Work closely with different departments such as production, logistics, and finance to align sourcing strategies with overall business objectives.
**Required Skills and Expectations:**
The ideal candidate should demonstrate excellent negotiation and communication skills, with the ability to influence stakeholders effectively. A strong analytical mindset is essential for evaluating supplier performance and market trends. They should have proven leadership skills, with experience managing a team. A deep understanding of sourcing strategies and supply chain processes is crucial. Familiarity with procurement software and an academic background in business, supply chain management, or a related field are highly desirable.