Title/Designation: Sourcing Executive

Reports to: Manager / Managing Director / VP

Experience: 2 - 5 Years

Based at: Indore

Industry: Sheet Metal Manufacturing

Qualification Diploma / BE Mechanical

Other Qualification MBA

Preference Computer knowledge (Advanced Excel, Internet searching Tools) / Accounting Software Knowledge

Job Role / Purpose To search new sources to improve purchase time and cost reduction

Key Technical Skills Proficiency in procurement software and tools

Strong understanding of sourcing methodologies and market analysis

Familiarity with contract negotiation and management

Other Skills Excellent communication and negotiation abilities

Strong analytical and problem-solving skills

Ability to work collaboratively in a team environment

Responsibilities

Conduct market research to identify local and global sourcing opportunities.

Negotiate and establish contracts with new suppliers to meet company requirements.

Coordinate communication between suppliers and the Sales department to ensure alignment.

Assist buyers in facilitating timely delivery of goods.

Check and enter order confirmations in the ERP system, ensuring accuracy and updates.

Responsibilities

Negotiate with suppliers on lead-time, cost and quality so as to obtain the maximum benefit for the company.

Analyze suppliers in order to select the most suitable suppliers on competitive pricing.

Salary 2.4 - 3.6 LPA