Sourcing Executive

The Sourcing Executive / Analyst is responsible for identifying, evaluating, and managing suppliers to ensure cost-effective procurement of goods and services. The role involves data analysis, vendor negotiations, market research, and process optimization to enhance sourcing efficiency.

What You Will Deliver

• Supplier Identification & Evaluation:
• Research and identify potential suppliers based on business requirements.
• Assess supplier capabilities, pricing, and quality standards.
• Develop and maintain relationships with key vendors.
• Procurement & Negotiation:
• Request and analyze quotations from multiple suppliers.
• Negotiate contracts, pricing, and terms to optimize costs and quality.
• Ensure compliance with procurement policies and industry regulations.
• Market & Data Analysis:
• Analyze procurement trends, pricing, and supplier performance.
• Identify cost-saving opportunities and recommend strategic sourcing initiatives.
• Prepare reports on key sourcing metrics and supplier evaluations.
• Process Improvement:
• Optimize procurement processes to enhance efficiency and reduce costs.
• Collaborate with cross-functional teams to improve sourcing strategies.
• Implement best practices in supplier management and procurement.
• Compliance & Risk Management:
• Ensure adherence to ethical sourcing practices and company policies.
• Identify and mitigate risks related to supplier performance and supply chain disruptions.

Who You Are

• Any Degree or Bachelor's degree in Supply Chain Management, Business Administration, Procurement, or a related field.
• 2+ years of experience in sourcing, procurement, or supply chain management.
• Strong negotiation and communication skills.
• Proficiency in data analysis and MS Excel / procurement software.
• Knowledge of market trends, supplier management, and cost analysis.
• Ability to work independently and manage multiple projects.