SOURCING MANAGER
JOB SUMMARY
The Sourcing Manager is responsible for identifying, evaluating, and selecting suppliers to ensure the company obtains quality goods and services at competitive prices and favorable terms.
KEY RESPONSIBILITIES
1. Supplier Sourcing
- Identify and evaluate potential suppliers and service providers.
- Conduct market research to identify competitive sourcing opportunities.
- Maintain an updated supplier database.
2. Negotiation & Contracts
- Negotiate pricing, payment terms, and service agreements.
- Support supplier contract development and renewal.
- Ensure sourcing decisions align with company requirements and budgets.
3. Supplier Management
- Monitor supplier performance, quality, pricing, and delivery.
- Address supplier issues and coordinate corrective actions.
- Build and maintain strong supplier relationships.
4. Procurement Support
- Work with internal teams to understand purchasing requirements.
- Support procurement planning and cost-saving initiatives.
- Maintain accurate sourcing records, quotations, and supplier documentation.
KEY PERFORMANCE INDICATORS (KPIs)
- Cost savings achieved through sourcing.
- Supplier quality and performance.
- Supplier response and delivery times.
- Sourcing cycle time.
- Compliance with procurement policies.
QUALIFICATIONS
- Bachelor’s degree in Procurement, Supply Chain, Business Administration, or a related field.
- 3–5 years of sourcing, procurement, or supplier management experience.
- Strong negotiation and analytical skills.
- Excellent communication and relationship management abilities.
- Proficiency in Microsoft Office and procurement systems.
ROLE EXPECTATIONS
- Identify reliable and cost-effective suppliers.
- Conduct sourcing activities professionally and transparently.
- Maintain strong supplier relationships.
- Support efficient procurement and cost-control initiatives.