Job Description
Greetings from Synergy Resource Solutions, a leading recruitment consultancy firm.
We are looking for a Sourcing/Procurement Head for an e-commerce company in field of baby products for Ahmedabad location.
The E-Commerce Sourcing Manager is responsible for the profitable procurement and timely delivery of products for the Companys e-commerce site. Works closely with the E-Commerce Sales, Marketing and Operations Team to achieve the goals of the company. Provides supply chain/inventory management for a promotionally active merchandise mix and corresponding financial accountabilities. Procures products in accordance with all policies and procedures established by the company.
Responsibilities
Prepare risk management for supply contracts and agreements.
Set, track, and maintain budget
Develop sourcing plans, allocate resources, identify potential issues/threats and develop contingency plans.
Handling of 4-5 Procurement executives & team management.
Sourcing and development of new brands/vendors and retain existing brands/ vendors.
Research skills to discover profitable suppliers; work with vendors to secure advantageous terms
Provide market information to Marketing and Merchandizing teams in identifying right products, new product line and categories.
Work with Merchandizing & Marketing team to discuss and finalize on seasonal product line / categories.
Pro-actively manage the re-ordering of products on time and ensure the products promoted are available with vendors.
Work closely with inventory management and merchandising team on reordering of fast moving products, returning non-moving products, etc.
Initiate business and cultivate partnerships
Oversees supply needs, approve the ordering of necessary goods and services
Manage workflow from initiation to completion (of both purchased orders and deliveries
Conduct supplier analysis and evaluate potential vendors based on quality of products, best possible price, volume of discounts and delivery standards.
Evaluate supplier core competencies.
Identify ways to reduce costs and devise plan of action that are focused on creating greater efficiencies, economies of scale and better quality products.
Develop a negotiation strategy that shall impact the pricing, and delivery timeline.
Establish relationships with suppliers to achieve sustainable business advantage.
Implement supplier agreements/contracts by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
Renegotiate, renew and discontinue supplier contracts.
Qualifications
Bachelors degree in supply chain management, logistics, business administration or similar.
Successful work experience as a Sourcing Manager, Procurement Head, or another relevant role in the e-commerce industry.
Applicants should have prior experience in the ecommerce industry and must have 8+ years working experience of handling domestic & international (mainly from China) sourcing
He has to travel internationally for sourcing related tasks.
Strong working knowledge of sourcing and procurement techniques as well as an aptitude for reading the market.
Significant experience in collecting and analyzing data.
Understanding of procurement, logistics and inventory management practices.
Excellent analytical and problem solving skills, experience in taking initiative and making appropriate decisions.
Planning and organizing skills.
Written and verbal communication skills as well as interpersonal skills to develop and maintain effective business relationships within and outside the company.
MS Office, Advance Excel abilities.
