Sourcing Manager

Key Responsibilities

• Developing and implementing sourcing strategies to meet the organization's procurement needs.
• Coordinate with internal stakeholders to understand their sourcing requirements and provide timely support.
• Identify and evaluate potential vendors and suppliers to ensure the procurement of goods and services meets quality and budget requirements.
• Negotiate contracts and terms of agreement with vendors to secure advantageous pricing and terms.
• Monitor and analyze market trends, supplier capabilities, and product innovation to drive sourcing improvements.
• Oversee the procurement process to ensure timely delivery of goods and services while maintaining optimal inventory levels.
• Manage vendor relationships and conduct performance reviews to ensure adherence to quality and delivery standards.
• Prepare and present regular reports on sourcing activities, cost savings, and vendor performance to the management team.
• Should have strong commercial experience and a demonstrable track record of success in a Category/Sourcing-focused role.
• have strong Vendor development experience in the Western women’s wear or Men’s wear Category & have the ability to build strong working relationships with a wide range of internal stakeholders
• Excellent analytical abilities to assess supplier capabilities, market trends, and cost structures. be conversant with market and trading data
• Effective communication and interpersonal skills to liaise with internal stakeholders and external suppliers.
• Proficiency in project management tools and techniques to drive sourcing projects to successful completion.
• Ability to solve complex problems and make data-driven decisions to optimize the sourcing process.

Required Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience (8+ years) in sourcing, procurement, or vendor management.
• Demonstrated knowledge of sourcing strategies, supply chain principles, and procurement best practices.
• Strong negotiation skills with the ability to secure favorable terms and pricing.
• Proven track record of driving cost savings and operational improvements through sourcing initiatives.
• Skills: negotiation, supply chain management, vendor management, analytical skills, communication, project management, sourcing, data