Sourcing Manager

1. Job Summary

The Sourcing Manager is responsible for developing and implementing sourcing strategies, identifying reliable suppliers, negotiating contracts, and ensuring the timely procurement of quality goods and services at the best possible cost. This role ensures an efficient supply chain and supports overall business operations.

2. Key ResponsibilitiesSupplier Identification & Management

• Identify, evaluate, and onboard new suppliers and vendors
• Maintain strong relationships with existing suppliers
• Conduct supplier audits, performance evaluations, and compliance checks

Strategic Sourcing

• Develop cost-effective sourcing strategies aligned with organizational goals
• Conduct market research to understand pricing trends and supplier capabilities
• Monitor and analyze spending patterns to optimize procurement

Negotiation & Contract Management

• Negotiate terms, pricing, delivery schedules, and service levels
• Draft, review, and manage procurement contracts and agreements
• Ensure adherence to legal, quality, and company standards

Procurement Operations

• Manage purchase orders, delivery timelines, and inventory requirements
• Coordinate with internal departments (operations, finance, production)
• Resolve issues related to quality, delivery, or pricing discrepancies

Cost Optimization & Budgeting

• Identify cost-saving opportunities without compromising quality
• Implement supplier consolidation strategies
• Assist in budgeting and cost forecasting

Reporting & Documentation

• Maintain accurate procurement records and supplier databases
• Prepare weekly/monthly reports on sourcing performance
• Track key metrics such as lead times, savings, and supplier scorecards

3. Required Skills & Qualifications

• 3–5 years of experience in sourcing or procurement roles (preferred)
• Strong negotiation and analytical skills
• Knowledge of procurement processes, vendor management, and supply chain principles
• Proficiency in MS Office and procurement software (ERP preferred)
• Excellent communication and relationship-building skills
• Ability to work under pressure and meet deadlines

Job Types: Full-time, Permanent

Pay: ₹18,000.00 - ₹20,000.00 per month

Work Location: In person