Associate Sourcing Manager

Vitasta Consulting Private Limited
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Vitasta Consulting Private Limited
Job Description

Identify and qualify potential suppliers for respective or non-explore region, negotiate best total product cost and terms and complete supplier implementation of new programs to meet customer needs in a dynamic market. Actively search, analyze and communicate market intelligence in support of business objectives.
Focus on developing and managing supplier relationships for suppliers over multiple product lines, driving improved supplier performance, cost and product quality.

MAJOR RESPONSIBILITIES

Identify and qualify right suppliers the first time for respective region or non-explore. Execute new program launch from scoping and evaluation to implementation in a timely fashion.

Negotiate all elements of assigned supplier relationships to ensure lowest total cost of procurement, including product cost, various commercial terms, performancemetrics and exploring new opportunities, etc.

Responsible for securing compliance to terms and conditions of Supplier.

Agreement Letter
Develop and manage functional supplier relationships with assigned key/strategic suppliers to optimize financial and operational performance.

Identify and execute opportunities for procurement cost reduction and better supplier performance, including transfer of indirect agent-based business to factory direct, alternative sourcing terms & contract, contract renegotiation's based on various economic indicators & commodity price index, etc., working in conjunction with appropriate functional areas as required.

Execute supplier and cost management system/metrics for assigned category(ies) and create and maintain a related industry intelligence database, demonstrate continuous improvement.

Support implementation of service metrics by driving supplier performance measured in i.e. QAR,on-time delivery, paperwork accuracy, etc.

Implement and maintain supplier database for assigned suppliers.

Conduct supplier/market research and track global manufacturing and sourcing environment.

Provide timely updates to the U.S. Headquarters and overseas offices and address any issues quickly.

Resolve communication issues and reinforce communication process established between company and suppliers in addressing supplier performance issues.

Resolve commercial issues associated with supplier performance issues, i.e. cost recovery for quality problems rework and on time shipment issues etc.

REQUIREMENTS

Relevant experience in developing and managing supplier relationships worldwide over multiple product lines, resulting in improved performance and cost.

Ability to implement strategic supplier performance and cost management systems on a global scale.

Aptitude in developing and utilizing functional regional network such as : commerce chambers, government, exporting agencies, industrial associations, etc. in his/her area of influence and the ability to use search engines, contacts , market knowledge, etc . that enables finding and qualifying suppliers.

Clear and thorough knowledge of the negotiation process and cost breakdown analysis with domestic and foreign suppliers.

Proven ability to execute the entire process for programs with moderate COGs. Effectively leverages all resources (time, information, company position, communication skills) to achieve outstanding results.

Ability to maintain strong relationships and exert influence when needed.

Ability to quickly grasp business direction, customer requirements, supply chain management/marketing strategy, inventory management and demand generation fulfillment process.

Possess a clear understanding of suppliers, customers, strengths, weaknesses, opportunities and threats and aggressively address issues.

Ability to conduct thorough RFQ analysis for effective evaluation of suppliers? Competitiveness.

Analyze supplier performance and cost data, market intelligence in order to develop and implement action plans which drive supplier performance and cost improvement.

Well versed with various IT tools for communication and must possess presentation skills for reporting & presenting business scenarios.

Ability to effectively promote and represent and Procurement to global suppliers and the market in assigned region.

Proven ability to communicate to the right audience in a timely fashion using a effective communication method, depending on the nature of information.

Clear and concise oral and written communication skills required in dealing with foreign suppliers as well as team members in the overseas Procurement offices.

Proven capability and capacity to manage multiple programs, projects and functional supplier relationships while addressing tactical supplier performance issues.

Experience in working with overseas suppliers. Clear understanding and know-how in getting things done through overseas suppliers such as logistics and custom processes.

Business level fluency in English and relevant foreign languages.

25-40% domestic and international travel, Flexible work days and hours in dealing with the U.S. Headquarters and overseas Procurement offices.

Demonstrate high personal integrity in conducting business with suppliers worldwide.

Ensure compliance to the laws, business guidelines and ethical standards set by company as well as local and the U.S. governments.



About Company: From big transnational corporations to fast growing SME's to fledgling start-ups every corporate body is looking for top talent. All of these are keenly aware that the only real competitive advantage they can have and build in today's flat world is the "human capital".We are servicing this need for many national and international clients across various domains. We have been helping find a large number of our clients quite a few leaders, functional experts as also emerging precocious talent since 1997.We credit all our success to three things; customer centric work systems, unflinching belief in our corporate values and our synergy enhancing team. We see repeat business and referral as the operative driver of customer feedback.For more details on us visit www.vitasta.com
 
Additional Information
Location Delhi Start Date Not Provided
Job Type Full-time
Salary Not Provided
Career Level Not Provided Relevant Work Experience 6-11 years
Education Level Not Provided Job posted on 12-Jan-2017



Contact Information
Company Name Vitasta Consulting Private Limited Telephone No Not Provided
Contact Name Employer Site Link Not Provided
 
Keywords: Sourcing,  cost management system,  supplier relationships,  supply chain management,  marketing strategy,  

               

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