Sourcing Manager

Sourcing Manager

Responsibilities:

Manage the company's overall sourcing strategy
Evaluating sourcing procedures and presenting improvement strategies to top management for approval.
Analyzing and calculating purchasing costs and developing cost reduction strategies.
Driving purchasing decisions based on cost and scenario analysis, as well as market trends
Negotiating contracts with key suppliers, including costs and terms of supply, service, and quality.
Collaborating with the purchasing department to identify and pursue new supplier opportunities.
Supplier quality performance report analysis
Conducting market research, as well as creating cost estimates and forecasts.
Maintaining strategic sourcing relationships and developing strong vendors
Develop creative, value-focused sourcing strategies in line with business needs
Professionally manage and measure suppliers for continuous performance and improvement.
Plan and monitor to apply of new technology supporting department/ unit goal
Identify material issues from faulty/damaged returns quality data and work with suppliers to claim and improve quality
Follow up on any QA inspection, rejections, and actions
Follow the business calendar timeline to assure the operations of a team
Develop a yearly budget depending on sourcing needs

Qualifications:

Bachelor’s or Master’s Degree in Business Administration, Supply chain, Logistics, or Related Fields
Previous working experience as a Sourcing Specialist / Manager for 5-10 years
Understanding of market dynamics and sound business judgment
Strong project management and leadership skills
Ability to negotiate and sustain networking relationships
Excellent problem-solving and analytical skills
Good communicator and have a strong relationship, and management skills
Proactive approach and working efficiently
Good command of written and spoken English & Chinese

Sourcing Manager (V-43608)