Assistant Manager - Sourcing

Overview:

Key Responsibilities:

• Assist in developing and implementing sourcing strategies to meet the organizations procurement needs.
• Coordinate with internal stakeholders to understand their sourcing requirements and provide timely support.
• Identify and evaluate potential vendors and suppliers to ensure the procurement of goods and services meets quality and budget requirements.
• Negotiate contracts and terms of agreement with vendors to secure advantageous pricing and terms.
• Monitor and analyze market trends supplier capabilities and product innovation to drive sourcing improvements.
• Collaborate with crossfunctional teams to streamline sourcing processes and identify costsaving opportunities.
• Oversee the procurement process to ensure timely delivery of goods and services while maintaining optimal inventory levels.
• Manage vendor relationships and conduct performance reviews to ensure adherence to quality and delivery standards.
• Prepare and present regular reports on sourcing activities cost savings and vendor performance to the management team.
• Drive continuous improvement initiatives within the sourcing function to enhance efficiency and effectiveness.
• Should have strong commercial experience and a demonstrable track record of success in a Category/Sourcingfocused role.
• have strong Vendor development experience in the Western wear or Men s wear Category & have the ability to build strong working relationships with a wide range of internal stakeholders
• be conversant with market and trading data
• Excellent analytical abilities to assess supplier capabilities market trends and cost structures.
• Effective communication and interpersonal skills to liaise with internal stakeholders and external suppliers.
• Proficiency in project management tools and techniques to drive sourcing projects to successful completion.
• Ability to solve complex problems and make datadriven decisions to optimize the sourcing process.
• Understanding of contract management and vendor performance evaluation.

Required Qualifications:

• Bachelors degree in Business Administration Supply Chain Management or a related field.
• Proven experience (3 years) in sourcing procurement or vendor management.
• Demonstrated knowledge of sourcing strategies supply chain principles and procurement best practices.
• Strong negotiation skills with the ability to secure favorable terms and pricing.
• Proven track record of driving cost savings and operational improvements through sourcing initiatives.

negotiation,supply chain management,vendor management,analytical skills,communication,project management,sourcing,data