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ob Overview:
Candidate is responsible for developing and implementing sourcing strategies to optimize the supply chain, reduce costs, and ensure the quality of products and services. This role requires a keen understanding of market dynamics, strong negotiation skills, and the ability to build strong relationships with suppliers.
Key Responsibilities:
? Develop and Implement Sourcing Strategies: Identify and evaluate sourcing opportunities to drive cost savings and enhance supply chain efficiency.
? Supplier Management: Establish and maintain effective relationships with suppliers, ensuring they meet company standards for quality, delivery, and cost.
? Market Analysis: Conduct thorough market research to stay informed of industry trends, emerging suppliers, and market conditions.
? Negotiation: Lead negotiations with suppliers to secure advantageous terms for the company, including pricing, delivery, and service agreements.
? Risk Management: Identify potential risks in the supply chain and develop strategies to mitigate them.
? Cross-Functional Collaboration: Work closely with internal teams, such as Product Development, Quality Assurance, and Operations, to align sourcing strategies with business objectives.
? Performance Metrics: Develop and monitor key performance indicators (KPIs) to measure the effectiveness of sourcing strategies and supplier performance.
? Continuous Improvement: Identify opportunities for process improvements within the sourcing function and implement best practices.
Qualifications:
? Proven experience in strategic sourcing, procurement, or supply chain management.
? Strong negotiation and communication skills.
? Ability to analyze complex data and market trends.
? Proficiency in procurement software and tools.
? Detail-oriented with strong organizational skills.
? Ability to work independently and collaboratively in a team environment
EDUCATIONAL QUALIFICATIONS
Bachelor’s degree in mechanical or equivalent from a reputed institution. Post-graduation will be an added advantage.
Bachelor’s degree in mechanical or equivalent from a reputed institution. Post-graduation will be an added advantage.
EXPERIENCE
Minimum 10 to 12 years of experience in Elevator, Automotive, Manufacturing industries
ANY OTHER KNOWLEDGE /SKILLS/PERSONAL ATTRIBUTES IF REQUIRES
1. Ability to multitask and meet critical deadlines, strong people and interpersonal skills.
2. Ability to present project ideas and status to team members, internal customers as well as senior leadership.
3. Strong financial acumen to develop, understand and communicate business cases.
4. Capable of driving change while maintaining positive relations with internal customers.
5. Excellent communication skills, both oral and written, required. Demonstrated ability to communicate to all levels
6. Capable of driving change while maintaining positive relations with internal customers.