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Sourcing Manager Job Description
A Sourcing Manager oversees the sourcing strategy for acquiring goods and services. This role is essential for developing policies and procedures that lead to successful supplier negotiations and cost-effective procurement. Their expertise ensures that sourcing aligns with the organization’s strategic goals.
This Sourcing Manager job description template can help you attract qualified sourcing professionals to your team. Adapt the job specifics to fit your organization's needs. A clearly defined role will assist in identifying the right candidates.
Sourcing Manager Responsibilities Include:
- Develop and implement sourcing strategies
- Identify and evaluate potential suppliers
- Negotiate contracts and terms with suppliers
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Job Brief
We are looking for a strategic Sourcing Manager to lead our sourcing initiatives. You will be responsible for evaluating supplier options, conducting market analysis, and negotiating contracts that meet our operational requirements at the best cost. Your analytical skills will be crucial for developing a robust sourcing strategy.
Collaboration with internal stakeholders and suppliers will be key to maintaining effective partnerships and achieving cost-saving objectives. The ideal candidate should have extensive experience in strategic sourcing and supplier management.
Strong negotiation, communication, and problem-solving skills are essential for success in this role. Join us to shape our sourcing strategies and drive operational improvements.
Responsibilities
- Develop and implement sourcing strategies
- Identify and evaluate potential suppliers
- Negotiate contracts and terms with suppliers
- Monitor supplier performance and address issues as needed
- Collaborate with internal teams to ensure product quality and delivery timelines
- Manage inventory levels and optimize costs
- Stay current on market trends and industry best practices
- Conduct supplier audits and assessments
- Maintain accurate records and documentation
- Ensure compliance with company policies and regulations
Requirement
- Bachelor's degree in Business Administration or related field
- Minimum of 5 years experience in sourcing and procurement
- Strong negotiation skills
- Excellent communication and interpersonal abilities
- Proficiency in MS Office and procurement software
- Experience in vendor management
- Ability to work in a fast-paced environment
- Analytical and problem-solving skills
- Knowledge of supply chain management principles
- Attention to detail
Skills
- Negotiation
- Vendor management
- Supply chain management
- Market research
- Inventory management
- Contract management
- Problem-solving
- Communication
- Analytical skills
- Attention to detail