Sourcing and Planning Specialist BoF Careers

5.0 - 7.0 years

0 Lacs

Mumbai, Maharashtra, India

On-site

Job Description The Specialist Sourcing and Planning will work towards the execution of the functional plan, primarily responsible for following up with vendors, their selection and onboarding with negotiations and placing orders on behalf of the Polished division. Also responsible for providing input and analysis to support informed decision making, monitoring market trends to help deliver business goals. Sourcing Loose Diamonds Responsible for supporting the VP of procurement in procuring Loose diamonds. Maintaining and updating prices shared by various Suppliers monthly, based on our Programs. Complete KYC process with vendors with our various International Offices. Provide price-trend analysis reports, identifying predictive trends / volatility of the market Keeping a close watch to identify new opportunities / markets availability for sourcing Vendor/Supplier Management Scout & select vendors / suppliers based on knowledge of their capabilities, performance history, quality standards, etc. Onboard new vendors / suppliers; induct them on the company&aposs norms and SOPs Continuously seek the best practices, cost reduction and process improvement opportunities in partnership with Product Development, Design, and Category teams withing De Beers group (DBL, FM, etc.) Select Vendors based on their strengths to supply the best diamonds at most competitive prices. Support in managing supplier relationships; collaborate with cross-functional teams on quality, payment, development, and logistics Collaborate with suppliers and vendors to maintain sourcing standards Metrics, monitoring & control Own and communicate supplier development timelines to ensure on-time delivery (Ontime Delivery of orders) Conduct routine cost analysis to achieve merchandising targets Develop and maintains supplier scorecard Perform ad hoc supplier risk monitoring Ensure effective governance, risk and compliance management Administrative Maintain seasonal production calendar to ensure deadlines are met Serves as a key liaison for day-to-day sourcing operations and work effectively with cross-functional teams to meet objectives (DBL, Origin and FM) Conduct market research to identify emerging trends, new suppliers, and cost-saving opportunities Lead supplier audits and evaluations to ensure compliance with ethical standards, legal regulations, and industry&aposs best practices Qualifications Bachelor&aposs degree in supply chain management, business administration, or a related field is preferred. 5 years of minimum diamond experience. Diamond grading experience is a must A strong background in sourcing, vendor management and business acumen Knowledge about Jewelry is a plus. Strong understanding of contract laws, regulations, and compliance requirements Additional Information Strong attention to detail and accuracy Comfortable with figures and in collecting, analyzing and interpreting data Strong negotiation and contract management skills Excellent analytical and problem-solving abilities Exceptional communication and interpersonal skills Proficient in using sourcing software and tools Show more Show less

Posted 1 month ago

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Product Sourcing Specialist Pace E-Commerce Ventures Ltd

2.0 - 6.0 years

0 Lacs

ahmedabad, gujarat

On-site

As a Product Sourcing Specialist at Pace E-Commerce Ventures Ltd., you will play a crucial role in identifying and sourcing new products to drive the company's growth and success. Your responsibilities will include negotiating contracts, managing supplier relationships, and ensuring efficient procurement processes. You will be expected to utilize your strong analytical skills to conduct market research, analyze pricing trends, and collaborate with various departments to meet sourcing needs. To excel in this role, you must possess excellent communication and contract negotiation skills, along with a bachelor's degree in Business, Supply Chain Management, or a related field. Experience in procurement and supplier management is essential, and prior exposure to the e-commerce or retail industry would be advantageous. Your ability to work collaboratively with cross-functional teams, coupled with your organizational skills and attention to detail, will be key to your success. Proficiency in MS Office and sourcing software is also required to effectively perform your duties. If you are looking to be part of a dynamic and innovative company committed to driving growth and strengthening its presence in various market domains, this full-time on-site role in Ahmedabad could be the perfect fit for you. Join Pace E-Commerce Ventures Ltd. and be a part of a team that inspires brands, partners, and individuals to pursue growth and fulfillment.,

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