As a Sourcing Manager you will be responsible for handling the company's end to end sourcing operations. The successful candidate will be able to appraise and improve our sourcing activities by analyzing the company's spending, supplying partnerships and new possibilities.
Responsibilities :
- Manage the company's supply portfolio ensuring transparency of spending - find innovative solutions to reduce time & cost on sourcing products & packaging
- Generate and implement efficient sourcing strategies - find new partners to bring efficiencies in products through better negotiated packaging & formulations.
- Analyze and calculate costs of procurement and suggest methods to decrease expenditure while maintaining the quality.
- Invent negotiation strategies and secure profitable deals
- Have strong quality focus.
- Cooperate with stakeholders to guarantee agreement on terms and processes
- Research and anticipate shifts in the negotiating power of suppliers
- Perform cost and scenario analysis, and benchmarking
- Estimate risks and apply risk minimizing techniques
- Discover and partner with trustworthy vendors and suppliers - both India & international (key markets - China for containers, Europe & Korea for products besides India)
- Determine quantity and timing of deliveries
Experience Required:
- Proven work experience as a Sourcing Manager or Procurement Manager in the cosmetic/beauty industry
- Familiarity with sourcing and vendor management and relevant software
- Understanding of market dynamics and sound business judgement
- Strong project management and negotiation skills
- Ability to negotiate and sustain networking relationships
- Comfortable with figures and in collecting, analyzing and interpreting data
- Solid judgement with ability to make good decisions
- Degree in supply chain management, logistics or business administration would be preferred however it is not mandatory. Experience: 1 - 4 years.
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