Mantras2Success Consultants
Manager: Sourcing
Mantras2Success Consultants, Boston, Massachusetts, us, 02298
Summary:The incumbent will be leading the Sourcing [Supply chain] function with the primary responsibility of formulating a sourcing strategy, developing vendors and contract manufacturers, managing the procurement process and optimizing cost & efficiency.Experience: Extensive experience in leading the Installation & Commissioning of Mechanical/Electrical projects in the Agri/Food industry, including operation & maintenance.Skills: Combination of engineering, commercial skills and leadership skills to deliver high-quality projects and ensure customer satisfaction throughout the customer life cycle.Key Responsibilities:Sourcing strategy:
Formulate sourcing strategy basis market assessment, business needs, profit contribution, suppliers’ bargaining power etc.Vendor Development : Identify, evaluate, and establish relationships with suppliers and contract manufacturers (Project engineers and Fabricators] for various components. Ensure a robust supplier base to meet project needs.Purchasing Management : Handle all aspects of the procurement process, including issuing RFQs, evaluating quotations, creating and managing purchase orders, and ensuring timely delivery of components.Negotiation : Leverage strong negotiation skills to secure favourable commercials, pricing, terms, and conditions with suppliers and vendors.Cost Optimization : Investigate and implement low-cost alternatives while maintaining product quality. Continuously seek opportunities for cost savings and process improvements.Contract Management : Develop, negotiate, and manage contracts with contract manufacturers. Ensure compliance with contractual agreements and oversee performance metrics.Vendor Relationship Management : Foster strong relationships with vendors to ensure reliable supply chains and resolve any issues that may arise. Perform vendor assessment and optimize the vendor portfolio regularly.Process development : Formulate & institute appropriate Sourcing policies, systems & processes.Qualifications:5 years of experience in sourcing roles, particularly within engineering or mechanical products.Proven track record in developing vendor relationships and managing procurement processes.Excellent commercial and negotiation skills and ability to identify cost-saving opportunities.Experience with contract development and management.Benefits:5 Working DaysHybrid Model
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Formulate sourcing strategy basis market assessment, business needs, profit contribution, suppliers’ bargaining power etc.Vendor Development : Identify, evaluate, and establish relationships with suppliers and contract manufacturers (Project engineers and Fabricators] for various components. Ensure a robust supplier base to meet project needs.Purchasing Management : Handle all aspects of the procurement process, including issuing RFQs, evaluating quotations, creating and managing purchase orders, and ensuring timely delivery of components.Negotiation : Leverage strong negotiation skills to secure favourable commercials, pricing, terms, and conditions with suppliers and vendors.Cost Optimization : Investigate and implement low-cost alternatives while maintaining product quality. Continuously seek opportunities for cost savings and process improvements.Contract Management : Develop, negotiate, and manage contracts with contract manufacturers. Ensure compliance with contractual agreements and oversee performance metrics.Vendor Relationship Management : Foster strong relationships with vendors to ensure reliable supply chains and resolve any issues that may arise. Perform vendor assessment and optimize the vendor portfolio regularly.Process development : Formulate & institute appropriate Sourcing policies, systems & processes.Qualifications:5 years of experience in sourcing roles, particularly within engineering or mechanical products.Proven track record in developing vendor relationships and managing procurement processes.Excellent commercial and negotiation skills and ability to identify cost-saving opportunities.Experience with contract development and management.Benefits:5 Working DaysHybrid Model
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