Sourcing Executive

Job Title: Sourcing Executive

• *Department:** Procurement / Supply Chain
• *Reports To:** Head of Procurement / Supply Chain Director
• *Location:** Kolkata
• *Employment Type:** Full\-Time

Job Summary

We are seeking an experienced and results\-driven **Sourcing Executive** to lead and manage the organization's sourcing and procurement activities. The individual will be responsible for developing sourcing strategies, identifying and evaluating suppliers, negotiating commercial terms, managing supplier relationships, and ensuring the timely procurement of quality materials and services at competitive costs.

The ideal candidate will have strong negotiation, analytical, vendor management, and strategic planning skills, with the ability to drive cost optimization, improve supplier performance, mitigate supply chain risks, and ensure compliance with company policies.

Key Responsibilities1\. Strategic Sourcing \& Procurement

• Develop and implement sourcing strategies aligned with business objectives.
• Identify, evaluate, and onboard potential suppliers and vendors.
• Conduct market research and supplier benchmarking to identify competitive sourcing opportunities.
• Manage the end\-to\-end sourcing process, including RFQs, RFPs, quotations, negotiations, and contract finalization.
• Ensure the availability of materials, products, and services in line with business requirements.

2\. Supplier \& Vendor Management

• Build and maintain strong relationships with existing and potential suppliers.
• Evaluate suppliers based on quality, cost, delivery, reliability, and service standards.
• Conduct supplier audits, performance reviews, and periodic assessments.
• Develop alternate supplier sources to reduce dependency and supply chain risks.
• Resolve supplier\-related issues and ensure continuous improvement in vendor performance.

3\. Cost Optimization \& Negotiation

• Lead commercial negotiations to achieve competitive pricing and favorable payment terms.
• Identify cost\-saving and value\-engineering opportunities.
• Drive cost reduction initiatives without compromising quality or delivery timelines.
• Analyze pricing trends, market conditions, and total cost of ownership.
• Monitor and report sourcing savings and procurement efficiencies.

4\. Planning \& Supply Chain Coordination

• Coordinate with internal departments such as Operations, Production, Finance, Quality, and Logistics.
• Ensure timely sourcing to meet business and operational requirements.
• Monitor supplier lead times, inventory requirements, and delivery schedules.
• Proactively identify potential supply disruptions and implement mitigation plans.

5\. Contract \& Compliance Management

• Negotiate and manage supplier agreements, contracts, and service\-level agreements.
• Ensure compliance with procurement policies, quality standards, and applicable regulations.
• Maintain accurate sourcing documentation, supplier records, and procurement reports.
• Ensure transparency, ethical sourcing practices, and proper approval processes.

6\. Team Leadership \& Performance Management

• Lead, mentor, and develop the sourcing and procurement team.
• Establish sourcing KPIs and monitor team performance.
• Drive process improvements, operational efficiencies, and best practices.
• Provide regular sourcing performance updates and strategic recommendations to management.

Key Performance Indicators (KPIs)

• Annual cost savings and cost avoidance.
• Supplier delivery and on\-time performance.
• Supplier quality and rejection rates.
• Procurement cycle time.
• Supplier base optimization.
• Contract compliance and negotiated savings.
• Reduction in supply chain risks.
• Internal stakeholder satisfaction.

Qualifications \& Experience

• Bachelor's degree in Supply Chain Management, Business Administration, Commerce, Engineering, or a related field.
• Master's degree or MBA in Supply Chain Management / Procurement will be an added advantage.
• 1 \- 5 years of relevant experience in sourcing, procurement, purchasing, or supply chain management.
• At least 2\-3 years of experience in a managerial or leadership role preferred.
• Proven experience in strategic sourcing, supplier negotiations, vendor development, and cost optimization.
• Experience working with ERP systems such as SAP, Oracle, or similar platforms.

Required Skills \& Competencies

• Strong negotiation and commercial acumen.
• Strategic sourcing and supplier management expertise.
• Excellent analytical and problem\-solving abilities.
• Strong communication and stakeholder management skills.
• Market research and cost analysis capabilities.
• Leadership and team management skills.
• Knowledge of procurement processes, contracts, and supply chain operations.
• Proficiency in MS Excel, PowerPoint, and ERP systems.
• Ability to manage multiple priorities and meet deadlines.

Key Attributes

• Results\-oriented and commercially focused.
• Proactive approach to identifying sourcing opportunities.
• Strong decision\-making and relationship\-building abilities.
• High level of integrity and ethical business conduct.
• Adaptability to changing market conditions.
• Continuous improvement mindset.

What We Offer

• Opportunity to lead strategic sourcing initiatives.
• Professional growth and career development.
• Competitive compensation and benefits.
• A collaborative and performance\-driven work environment.

• *Application Process:** Interested candidates may submit their updated CV along with details of their relevant sourcing and procurement experience.

Pay: ₹10,000\.00 \- ₹25,000\.00 per month

Work Location: In person