Sourcing Manager

Job Description

Key Responsibilities:
Sourcing & Supplier Management
· Identify and develop qualified suppliers locally and globally for raw materials, finished components, and services.
· Evaluate suppliers based on quality, price, reliability, service, compliance, and sustainability.
· Establish long-term strategic partnerships with key suppliers.
· Conduct regular supplier audits and performance reviews.

Cost & Contract Management
· Negotiate pricing, payment terms, and delivery schedules to achieve cost savings without compromising quality or timelines.
· Manage contracts and supplier agreements, ensuring legal and compliance requirements are met.
· Benchmark material costs to ensure competitiveness.

Procurement Strategy & Planning
· Work with engineering, production, and project teams to forecast material needs.
· Develop and maintain a sourcing strategy that aligns with business goals and project pipelines.
· Drive continuous improvement in sourcing processes to support project efficiency and cost control.

Risk & Supply Chain Management
· Monitor global material trends, price fluctuations, and geopolitical risks affecting the supply chain.
· Develop alternative sourcing strategies to mitigate risk of supply disruption.
· Ensure compliance with relevant regulatory and sustainability standards.

Reporting & Systems
· Maintain and update supplier database and sourcing documentation.
· Provide regular reports on procurement KPIs, cost savings, and supplier performance.
· Work with ERP and procurement systems for purchasing and inventory tracking.