Role Responsibilities
Strategic Sourcing
Establish and execute sourcing plans tailored to meet the specific needs of key accounts while achieving KPIs.
Adherence to Sourcing KPIs.
Leverage market analysis, sourcing opportunity identification, and market trend tracking to drive strategic MRO category decisions.
Practical knowledge of EXIM.
Cost optimization and margin improvement
Drive cost reduction and margin improvement initiatives through strategic sourcing practices, volume consolidation, and controlling cost of delivery.
Identify opportunities for value engineering, alternative sourcing, and process improvements to achieve cost savings while maintaining quality standards.
Supplier Identification and Qualification
Identify potential suppliers, evaluate their capabilities, and conduct due diligence to ensure compliance with quality, cost, and ethical standards.
Establish criteria for supplier selection and qualification based on performance, reliability, and risk mitigation.
Negotiation and Supplier Relationships Management
Lead negotiations with suppliers to secure favorable credit terms, pricing, and better lead times.
Cultivate and maintain strong relationships with key suppliers to foster collaboration, and continuous improvement.
Address supplier performance issues proactively, resolve conflicts, and escalate concerns as needed to ensure supplier accountability.
Cross-functional Collaboration
Collaborate with internal stakeholders, including finance, customer success, and logistics teams, to align sourcing strategies with business objectives and operational needs.
Provide guidance and support to cross-functional teams on sourcing-related matters and best practices.
Adherence to KPI.
Leverage internal tools and portals to streamline sourcing activities and gain insights for informed decision-making.
Adept in data analytics tools (Power BI/Advance Excel) to enhance data driven sourcing capabilities and drive efficiency gains.
Risk Management and Compliance
Assess and mitigate risks related to supplier performance, supply chain disruptions, and regulatory compliance.
Monitor industry regulations, ethical standards, and corporate governance requirements of customers to ensure adherence across the supply chain.
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