Sourcing Manager

Education/Experience required:

• Bachelor's degree in Business Administration, Supply Chain Management, Technical (Electrical, Electronic, Mechanical etc.) or a related field. A Master's degree is preferred.
• Minimum of 10 years of experience in procurement, with a focus on direct purchasing.
• Strong negotiation, communication, and interpersonal skills.
• Proven track record of achieving cost savings and improving supplier performance.
• Knowledge of procurement software and tools.
• Ability to work in a fast-paced, dynamic environment.

Task and Responsibility:

• Strategic Sourcing: Develop and implement sourcing strategies for direct materials and services to achieve cost savings and improve supplier performance.
• Supplier Management: Identify, evaluate, and manage relationships with suppliers to ensure quality, reliability, and cost-effectiveness. Conduct regular supplier performance reviews and negotiate contracts.
• Cost Management: Monitor and control procurement budgets, identify cost reduction opportunities, and implement cost-saving initiatives.
• Compliance: Ensure all procurement activities comply with company policies, ethical standards, and regulatory requirements.
• Stakeholder Collaboration: Work closely with internal stakeholders, including finance, operations, and legal, to align procurement strategies with business objectives.
• Market Analysis: Conduct market research and analysis to stay informed about industry trends, supplier capabilities, and competitive pricing.
• Risk Management: Identify and mitigate risks associated with the procurement of indirect materials and services.
• Continuous Improvement: Drive continuous improvement initiatives within the procurement function to enhance efficiency and effectiveness.