15 - 24 years
25 - 40 Lacs
Posted:22 hours ago|
Platform:
Work from Office
Full Time
Key Responsibilities: 1. Strategic Planning: Develop and implement sourcing strategies to optimize procurement processes and reduce costs. Analyze market trends and forecasts to inform sourcing strategies. 2. Supplier Management: Identify, evaluate, and develop relationships with suppliers to ensure a reliable supply of raw materials. Negotiate contracts and terms with suppliers, ensuring compliance with company policies and quality standards. 3. Team Leadership: Lead and mentor the raw material sourcing team, fostering a culture of continuous improvement and excellence. Provide guidance and support in sourcing activities, ensuring team alignment with company objectives. 4. Collaboration: Collaborate with production, quality assurance, and logistics teams to ensure timely and efficient procurement of raw materials. Work closely with the finance department to manage budgets and forecasts related to raw material costs. 5. Risk Management: Monitor supply chain risks and develop contingency plans to mitigate potential disruptions. Stay updated on industry regulations and standards to ensure compliance. 6. Performance Monitoring: Establish key performance indicators (KPIs) to measure sourcing effectiveness and efficiency. Conduct regular assessments of supplier performance and implement improvement initiatives as needed. 7. Reporting: Prepare and present reports on sourcing activities, market trends, and supplier performance to senior management. Utilize data analytics to drive decision-making and improve sourcing strategies.
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Staffing and Recruiting
201-500 Employees
6 Jobs
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