Sourcing Executive

Job description Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall. Responsibilities [Be specific when describing each of the responsibilities. Use gender-neutral, inclusive language.] Example: Determine and develop user requirements for systems in production, to ensure maximum usability Qualifications 1. Strategic Sourcing Management: - Develop and execute the company's overall sourcing strategy in alignment with organizational goals. - Conduct regular research to understand the operational needs and requirements of the company. 2. Vendor Relationship Management: - Cultivate and maintain strong relationships with vendors and key suppliers. - Collaborate with suppliers to ensure timely and efficient product delivery. 3. Cost Negotiation and Control: - Negotiate pricing and contractual terms with suppliers to secure favorable agreements. - Implement cost control measures to optimize expenditure without compromising product quality. 4. Budgeting and Planning: - Develop an annual budget based on comprehensive assessments of sourcing needs and market conditions. - Monitor and manage the budget to align with evolving sourcing requirements. 5. Continuous Improvement: - Conduct analyses of sourcing processes and performance, providing strategic recommendations for improvement. - Proactively identify and implement best practices to enhance the overall efficiency of the sourcing strategy. 6. Documentation and Compliance: - Draft comprehensive sourcing documentation and statements, ensuring clarity and compliance with company policies. - Adhere to all relevant industry guidelines, regulations, and ethical standards. 7. Market Trends Awareness: - Stay informed about industry and market trends, emerging technologies, and best practices. - Utilize market intelligence to adapt and enhance the sourcing strategy accordingly. - Bachelor's degree in Business, Supply Chain Management, or a related field. Master's degree is a plus. - Proven experience as a Sourcing Engineer or in a similar role. - Strong negotiation, analytical, and problem-solving skills. - Excellent communication and interpersonal abilities. - Familiarity with industry regulations and compliance standards. - Proficient in relevant software applications and tools. If you are a strategic thinker with a proven track record in sourcing and vendor management, we invite you to apply for this challenging and rewarding role. Join us in driving excellence in our sourcing operations and contributing to the success of our dynamic organization. Industry Wellness and Fitness Services Employment Type Full-time Edit job description Job Type: Full-time Pay: From ₹18,000.00 per month Experience: total work: 1 year (Preferred) Work Location: In person Job Type: Full-time Pay: ₹17,000.00 - ₹18,000.00 per month Schedule: Day shift Work Location: In person