Sourcing Manager

Job Title: Sourcing Manager Location: Navi Mumbai Key Responsibilities: Supplier Identification and Selection: Research and evaluate potential suppliers based on quality, cost, delivery reliability, and past performance. Attend trade shows and use sourcing tools to identify the best suppliers. Negotiate contracts and terms, including pricing, payment terms, delivery schedules, and service agreements. Vendor Relationship Management: Build and maintain strong relationships with suppliers. Monitor supplier performance and address any issues that arise. Secure long-term contracts to ensure cost stability and reliability. Cost Management: Analyze and calculate costs of procurement and suggest methods to decrease expenditure. Implement efficient sourcing and category management strategies. Collaboration and Coordination: Work closely with other departments to forecast future needs and ensure smooth operations. Participate in cross-functional teams to drive continuous improvement in sourcing processes. Qualifications: Bachelor s degree in supply chain management, Business Administration, or Chemical Engineering or Technology a related field. Proven experience as a Sourcing Manager or in a similar role. Strong negotiation and communication skills. Excellent analytical and problem-solving abilities. Proficiency in sourcing and procurement software. Skills: Excellent written, oral communication and listening skill with good understanding of Pharma / Food / Agro / Industrial / Fine Chemicals in India. Strong research skills to identify reliable suppliers. Ability to negotiate favorable terms without compromising on quality or service. Effective vendor relationship management. Cost analysis and reduction strategies. Collaboration and teamwork.