What are the responsibilities and job description for the Sourcing Manager position at Confidential Global Company?
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Job Summary
The Head of Sourcing is responsible for developing and executing sourcing strategies that optimize cost, quality, and supplier performance. This role focuses on building strong supplier relationships, managing sourcing initiatives, and supporting business objectives through effective procurement and category management.
Key Responsibilities
- Develop and implement strategic sourcing plans aligned with business goals
- Lead supplier selection, negotiation, and contract management activities
- Analyze market trends, supplier capabilities, and total cost of ownership
- Manage sourcing projects across assigned categories or spend areas
- Build and maintain strong relationships with key suppliers and internal stakeholders
- Identify cost‑saving opportunities and drive continuous improvement initiatives
- Monitor supplier performance and manage risk related to supply continuity
- Ensure compliance with company policies, ethical standards, and legal requirements
- Support cross‑functional teams in sourcing‑related decisions
Qualifications
- Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related field
- Several years of experience in strategic sourcing, procurement, or supply chain management
- Experience with contract negotiation and supplier management
- Knowledge of sourcing methodologies and procurement best practices
Skills and Competencies
- Strong analytical and problem‑solving skills
- Excellent negotiation and communication abilities
- Ability to manage multiple projects and prioritize effectively
- Strong stakeholder management and collaboration skills
- Proficiency in procurement systems, data analysis tools, and Microsoft Office
- Strategic thinking with a results‑driven mindset
Key Performance Indicators (KPIs)
- Cost savings and value creation
- Supplier performance and compliance
- Contract utilization and risk reduction
- Stakeholder satisfaction
- Timely completion of sourcing initiatives