Sourcing Manager
Job Description
- With direction from the Sourcing head, plans and coordinates the sourcing activities.
- Be responsible to source and deliver the best products in terms of designs or unique products on time and implement stringent quality standards to ensure the quality products.
- Analyze industry trends and evolving fashion trends and submit a report to sourcing head to identify
potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company
- Work closely with suppliers / vendors to ensure timely delivery of products, replenishment of stock, re-orders and ensure the products promoted are available with vendors.
- Follow up with suppliers / vendors to ensure timely delivery of products to fulfill customer orders
- Evaluation of Fabrics, Designs, Trims, etc. while sourcing of products and co-ordinate with creative team to get the products photographed and arrange for upload.
- Develop sourcing plans, allocate resources, identify potential issues/threats and develop contingency plans.
- Sourcing and development of new vendors and retain existing vendors.
- Manage the sampling and product approval process.
- Provide market information to Marketing and Merchandizing teams in identifying right products, new product line and categories.
- Work with Merchandizing & Marketing team to discuss and finalize on seasonal product line / categories.
- Pro-actively manage the re-ordering of products on time and ensure the products promoted are available with vendors.
- Work closely with inventory management and merchandising team on reordering of fast moving products, returning non-moving products, etc.
- Ensuring the product line purchased are in line with fashion and requirement
- Identify potential vendors to ensure continuity of supply, minimize risk of product not available and exploit emerging opportunities that are beneficial to the company.
- Conduct supplier analysis and evaluate potential vendors based on quality of products, best possible price, volume of discounts and delivery standards.
- Evaluate supplier core competencies.
- Identify ways to reduce costs and devise plan of action that are focused on creating greater efficiencies, economies of scale and better quality products.
- Develop a negotiation strategy that shall impact the pricing, and delivery timeline.
- Establish relationships with suppliers to achieve sustainable business advantage.
- Implement supplier agreements/contracts by working with cross-functional stakeholders and suppliers to reach agreement on contract terms and conditions.
- Renegotiate, renew and discontinue supplier contracts.
Desired candidate profile and requirement
- Experience in sourcing branded.
- Willingness to travel.
- Good communication, negotiation skills.
- Eye for the right product.
- 3-6 years experience.
Location: Delhi
Salary Range: Negotiable
Role: Sourcing Manager
Industry: E-Commerce
Contact: careers@fetise.com
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