Procurement Sourcing Manager

Procurement Sourcing Manager Experience: Must have 8 years of similar role experience.Requirements: Develop Sourcing Strategies: Create and implement effective sourcing strategies to meet the company's procurement objectives.Supplier Evaluation & Selection: Identify and evaluate potential suppliers, negotiate contracts, and establish favorable terms and conditions.Supplier Performance Monitoring: Continuously monitor and evaluate supplier performance, ensuring timely delivery of goods and services while maintaining quality standards.Contract Negotiation: Negotiate pricing, terms, and conditions with suppliers to secure favorable pricing, payment terms, and service level agreements.Collaboration with Internal Teams: Work closely with internal departments to understand their sourcing needs, specifications, and requirements.Market Research: Conduct market research to identify emerging trends, new suppliers, and cost-saving opportunities.Regulatory Compliance: Ensure compliance with all relevant laws and regulations, including environmental and safety requirements.Risk Assessment: Identify potential risks in the supply chain and develop strategies to mitigate them.Audit & Reporting: Provide timely and accurate data to external/internal auditors, compliance, financial control, and risk management teams.Staff Development: Identify development opportunities for staff and facilitate coaching to improve effectiveness and prepare them for greater responsibilities.Performance Management: Regularly assess team performance through meetings and reviews.Conflict Resolution: Take decisive action to resolve grievances or conflicts within the team promptly.Process Optimization: Encourage adoption of best practices and process improvements beyond industry standards.Innovation Encouragement: Promote and reward innovative ideas in daily operations.Cross-Functional Collaboration: Lead improvement initiatives through cross-functional teams to ensure success.Experience and Education: Bachelor's degree in a related field or equivalent qualification.Supply chain certification preferred.Must have 8 years of experience in a similar role or in supply chain management.Disclaimer: Naukrigulf.com is a platform connecting jobseekers and employers. Applicants should independently verify the legitimacy of employers. We do NOT endorse any payment requests and advise against sharing personal or bank details. For security tips, visit our Security Advice page. For suspected fraud, email abuse@naukrigulf.com.#J-18808-Ljbffr