Assistant Manager- Strategic Sourcing Specialist

Strategic Sourcing Specialist

Key Responsibilities:

• Market Research and Analysis:

Conduct market research to identify potential suppliers, assess their capabilities, and understand industry trends.

• Supplier Evaluation:

Evaluate supplier performance, quality, and reliability to ensure they meet the company's needs.

• Contract Negotiation:

Negotiate contracts with suppliers to secure favourable terms, including pricing, payment terms, and delivery schedules.

• Supplier Relationship Management:

Build and maintain strong relationships with suppliers to ensure ongoing collaboration and support.

• Cost Analysis and Optimization:

Analyse spend data to identify cost-saving opportunities and optimize sourcing strategies.

• Collaboration:

Work with internal stakeholders, including operations, engineering, and finance, to ensure alignment on sourcing needs and priorities.

• Performance Monitoring:

Monitor supplier performance against agreed-upon metrics and take corrective action when necessary.

• Risk Management:

Identify and assess potential risks associated with supplier relationships and develop mitigation strategies.

• Compliance:

Ensure compliance with relevant regulations and standards, such as those related to quality control and safety.

Required Skills:

• Negotiation:

  Strong negotiation skills are essential for securing favourable contract terms.

• Communication:

  Excellent communication skills are needed to collaborate with internal and external stakeholders.

• Analytical Skills:

  The ability to analyse data and identify cost-saving opportunities is crucial.

• Problem-solving:

  The ability to identify and resolve issues with suppliers or contracts.

• Project Management:

  The ability to manage sourcing projects from start to finish.

• Knowledge of Procurement Processes:

  Understanding of procurement processes and best practices.

• Industry Knowledge:

  Knowledge of the specific industry and market in which the company operates.

• Software Proficiency:

  Proficiency in procurement software and tools.

Commodities:

• Metal- Ferrous (CRCA) and Non-ferrous (Cu & Brass)
• Plastic- PVC/ SMC/ PC / PBT / Resins etc.
• Cable & Wire, Electrical Switch Gear
• Electronics Components

Qualifications:

• Education:

  Bachelors degree in Electronics and Communication Engineering or related field.

Professional Skills:

• Excellent interpersonal and communication skills.
• Strong analytical and problem-solving abilities.
• Proven ability to manage multiple projects under tight deadlines.
• Demonstrated leadership skills with experience in mentoring teams.
• Strong knowledge of competitor products and cost optimization techniques.

Perks and benefits

Lucrative Incentive as per performance

5 days working, flexible shift as well.