Vendor Sourcing Manager

Key Responsibilities

• Develop and implement effective sourcing strategies aligned with organizational goals.
• Identify, evaluate, and qualify potential suppliers/vendors based on quality, cost, reliability, and compliance.
• Conduct market research and benchmarking to identify sourcing opportunities and industry best practices.
• Negotiate favorable terms, pricing, and contracts with vendors while ensuring compliance with company policies and legal requirements.
• Build and maintain strong relationships with key vendors to ensure long-term collaboration and value creation.
• Monitor supplier performance against agreed KPIs (cost, quality, delivery, service).
• Collaborate with internal stakeholders (procurement, finance, operations, supply chain, legal) to align vendor selection with business needs.
• Manage risk by ensuring vendor compliance with company policies, ethical standards, and regulatory requirements.
• Drive cost savings initiatives while maintaining quality standards.
• Develop contingency plans to mitigate supply chain risks and disruptions.
• Maintain accurate records of contracts, agreements, and supplier performance reports.

Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or related field.
• 5–8 years of experience in vendor management, procurement, or sourcing roles.
• Experience in contract negotiation and supplier relationship management.
• Industry-specific sourcing knowledge is a plus.

Job Types: Full-time, Permanent

Pay: ₹800,000.00 - ₹900,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Work Location: In person