Regional Sourcing Director

12 - 16 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As the Regional Sourcing Director, your role involves developing and executing sourcing strategies across specific regions to drive cost savings initiatives, manage supplier relationships, and ensure product and service quality. You will collaborate with cross-functional teams to align sourcing activities with business objectives and mitigate risks. Your responsibilities include: - **Leading a team of Commodity Managers** - **Sourcing Strategy:** Develop and execute regional sourcing strategies aligned with business objectives. Identify opportunities for process improvement, cost savings, and enhanced supplier performance. - **Supplier Management:** Manage relationships with suppliers, assess performance, and negotiate contracts. Foster collaboration for continuous improvement and mutual success. - **Cost Optimization:** Analyze spend data and market trends to identify cost-saving opportunities. Negotiate favorable pricing and conditions while maintaining quality standards. - **Supply Chain Collaboration:** Work with cross-functional teams to align sourcing activities with supply chain objectives. Provide insights to enhance efficiency and reduce lead times. - **Risk Mitigation:** Identify and mitigate sourcing risks, develop contingency plans, and ensure business continuity. - **Supplier Performance Evaluation:** Establish KPIs to evaluate supplier performance. Drive improvement initiatives to meet business requirements. - **Contract Management:** Oversee contract negotiations, renewals, and amendments to protect the organization's interests. - **Market Intelligence:** Stay updated with market trends, conduct research, and identify new suppliers to leverage opportunities. - **Team Leadership:** Lead and develop the regional sourcing team, fostering a culture of collaboration and high performance. **Qualifications:** - **Education:** Bachelor's degree in Business, Supply Chain Management, or related field. Master's degree is desirable. - **Experience:** Extensive experience in strategic sourcing, procurement, or supply chain management. Proven leadership in managing sourcing teams. - **Technical/Functional Skills:** - Excellent analytical and negotiation skills. - Strong project management abilities. - Effective communication and interpersonal skills. - Familiarity with supply chain management systems and technology. - Strong business acumen and strategic thinking. - Results-oriented mindset for continuous improvement and cost savings. - Knowledge of sourcing principles, contract negotiations, and legal requirements. In this role, your focus will be on driving cost savings, enhancing supplier relationships, and aligning sourcing activities with business objectives to optimize supply chain efficiency and mitigate risks.,

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