Manager: Sourcing

Job Description:

Summary:

• The incumbent will be leading the Sourcing [Supply chain] function with the primary responsibility of formulating a sourcing strategy, developing vendors and contract manufacturers, managing the procurement process and optimizing cost & efficiency.
• Experience: Extensive experience in leading the Installation & Commissioning of Mechanical/Electrical projects in the Agri/Food industry, including operation & maintenance.
• Skills: Combination of engineering, commercial skills and leadership skills to deliver high-quality projects and ensure customer satisfaction throughout the customer life cycle.

Key Responsibilities:

• Sourcing strategy: Formulate sourcing strategy basis market assessment, business needs, profit contribution, suppliers’ bargaining power etc.
• Vendor Development: Identify, evaluate, and establish relationships with suppliers and contract manufacturers (Project engineers and Fabricators] for various components. Ensure a robust supplier base to meet project needs.
• Purchasing Management: Handle all aspects of the procurement process, including issuing RFQs, evaluating quotations, creating and managing purchase orders, and ensuring timely delivery of components.
• Negotiation: Leverage strong negotiation skills to secure favourable commercials, pricing, terms, and conditions with suppliers and vendors.
• Cost Optimization: Investigate and implement low-cost alternatives while maintaining product quality. Continuously seek opportunities for cost savings and process improvements.
• Contract Management: Develop, negotiate, and manage contracts with contract manufacturers. Ensure compliance with contractual agreements and oversee performance metrics.
• Vendor Relationship Management: Foster strong relationships with vendors to ensure reliable supply chains and resolve any issues that may arise. Perform vendor assessment and optimize the vendor portfolio regularly.
• Process development: Formulate & institute appropriate Sourcing policies, systems & processes.

Qualifications:

• 5 years of experience in sourcing roles, particularly within engineering or mechanical products.
• Proven track record in developing vendor relationships and managing procurement processes.
• Excellent commercial and negotiation skills and ability to identify cost-saving opportunities.
• Experience with contract development and management.

 Benefits:

• 5 Working Days 
• Hybrid Model