Worklis
Sourcing Manager
Sourcing Manager Responsibilities
The responsibilities of a Sourcing Manager include:
Supply Portfolio Management
- Manage the company's supply portfolio to ensure transparency and visibility of spending.
Sourcing and Category Management
- Generate and implement efficient sourcing and category management strategies.
Cost Analysis and Expenditure Reduction
- Analyze and calculate procurement costs, and recommend methods to decrease expenditure.
Job Brief
We are seeking a skilled Sourcing Manager to oversee our company's end-to-end sourcing operations. The ideal candidate will evaluate and enhance our sourcing activities by analyzing spending patterns, supplier partnerships, and identifying new opportunities.
Responsibilities
- Manage the company's supply portfolio, ensuring transparency and visibility of spending.
- Develop and implement efficient sourcing and category management strategies.
- Analyze and calculate procurement costs, and propose methods to reduce expenditure.
- Develop negotiation strategies and secure profitable deals with suppliers.
- Optimize sourcing procedures to achieve maximum efficiency.
- Collaborate with stakeholders to ensure agreement on terms and processes.
- Research and anticipate shifts in the negotiating power of suppliers.
- Perform cost and scenario analysis, and benchmarking.
- Assess risks and apply risk-minimizing techniques.
- Identify and establish partnerships with reliable vendors and suppliers.
- Determine quantity and timing of deliveries.
Requirements
The ideal candidate for the Sourcing Manager position should meet the following requirements:
- Proven work experience as a Sourcing Manager or Procurement Manager.
- Familiarity with sourcing and vendor management, as well as relevant software.
- Understanding of market dynamics and sound business judgement.
- Strong project management and leadership skills.
- Ability to negotiate and maintain networking relationships.
- Comfortable working with figures, collecting, analyzing, and interpreting data.
- Solid judgement with the ability to make sound decisions.
- BSc degree in supply chain management, logistics, or business administration.
Grow your business here
Everything you need to start hiring. Integrate Hire Hub UK in minutes. Get up and running fast.