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Sourcing Executive

Manufacturing | Purchase Executive

25,000 - 50,000 p.m | Diploma - Diploma In Engineering - MECHANICAL ENGINEERING | Tiruvallur

Papparambakkam

Gender : Male | Age Limit - 18-35 | Openings - 2 | Experience - 5-10 Years | Job Type - Regular

Description

          Sourcing - JD

Job Description:

  1. Develop and implement a sourcing strategy in line with the company’s procurement objectives and goals.
  2. Identify potential Suppliers & sub-contractors by conducting market research, attending trade shows, networking events and leveraging industry contacts.
  3. Evaluate Suppliers & sub-contractor’s proposals, negotiate contracts and pricing terms.
  4. Develop and maintain relationships with Suppliers & sub-contractors to ensure timely and reliable delivery of goods and services.
  5. Monitor performance to ensure compliance with contract terms and quality standards.
  6. Identify opportunities to reduce costs and improve efficiency through Suppliers & sub-contractor’s selection and negotiation.
  7. Work with cross-functional teams to ensure that Suppliers & sub-contractors’ selection and management aligns with business needs.
  8. Monitor market trends and industry best practices to inform Suppliers & sub-contractors selection and negotiation strategies.
  9. Maintain accurate records of Suppliers & sub-contractors’ contracts and performance metrics.
  10. Continuously evaluate Suppliers & sub-contractor’s performance and make recommendations for improvement, including cost savings initiatives and process improvements.

 

Skills

  • Sourcing Lead/Vendor Development - Life Sciences

Additional Skills


Machining & Stamping Drawing understanding

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