Sourcing GM job at Pri Consultants | Apply Now

Developing Sourcing Strategies:

• Formulate and implement sourcing strategies aligned with the organization's overall objectives and goals.

• Conduct market research and analysis to identify potential suppliers, assess market trends, and benchmark pricing and quality.

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Supplier Relationship Management:

• Build and maintain strong relationships with key suppliers, negotiating contracts, and managing supplier performance.

• Collaborate with suppliers to improve product quality, reduce costs, and optimize delivery schedules.

Sourcing Process Management:

• Lead the sourcing process, including supplier selection, qualification, and evaluation.

• Develop and implement sourcing policies, procedures, and standards to ensure compliance with regulations and best practices.

• Oversee the request for proposal (RFP) process, evaluate proposals, and make recommendations for supplier selection.

Cost Management:

• Identify cost-saving opportunities through strategic sourcing initiatives, supplier consolidation, and negotiation of favorable terms and pricing.

• Monitor and analyze spending patterns, budgets, and cost trends to identify areas for cost optimization and efficiency improvements.

Risk Management:

• Assess and mitigate risks associated with sourcing activities, including supply chain disruptions, supplier financial stability, and geopolitical factors.

• Develop contingency plans and alternative sourcing strategies to minimize risk and ensure business continuity.

• Establish quality standards and specifications for purchased goods and services, ensuring compliance with regulatory requirements and customer expectations.

• Implement quality control measures, supplier audits, and performance metrics to monitor and evaluate supplier performance.

Cross-functional Collaboration:

• Collaborate with internal stakeholders, including operations, finance, and logistics, to align sourcing activities with business objectives and operational requirements.

• Participate in cross-functional teams and projects to support new product development, cost reduction initiatives, and process improvements.

Continuous Improvement:

• Drive continuous improvement in sourcing processes, systems, and practices to enhance efficiency, effectiveness, and value creation.

• Implement best practices, tools, and technologies to streamline sourcing operations and optimize supply chain performance.

Leadership and Team Management:

• Provide leadership and direction to the sourcing team, including setting goals, managing performance, and fostering a culture of collaboration, innovation, and accountability.

• Mentor and develop team members, providing guidance, training, and opportunities for professional growth and development.