Sr. Sourcing Manager

Sr. Sourcing Manager

The Sr. Sourcing Manager is responsible for leading procurement and sourcing strategies, managing supplier relationships, and optimizing organizational supply and procurement processes.

Key Responsibilities

• Develop and implement strategic sourcing initiatives: Lead the creation of comprehensive sourcing strategies that align with organizational goals, enhance cost-efficiency, and optimize supplier performance
• Supplier relationship management: Build and maintain strong relationships with key vendors, monitor supplier performance, ensure contract compliance, and drive cost, quality, and service improvements
• Negotiation and contract management: Lead complex negotiations with suppliers, manage commercial contracts, and ensure agreements provide maximum value and risk mitigation
• Team leadership and development: Mentor, train, and manage a high-performing sourcing team, fostering collaboration and professional growth while ensuring alignment with corporate objectives
• Cross-functional collaboration: Work closely with departments such as finance, operations, product development, and legal to align sourcing strategies and support business objectives
• Market analysis and risk management: Conduct market research, monitor industry trends, and perform supplier assessments to anticipate price fluctuations, supply risks, and opportunities for optimization
• Budget and performance oversight: Manage departmental budgets, track key performance indicators (KPIs), and prepare reports on savings, value creation, and overall procurement effectiveness

Core Competencies

• Strategic thinking and business acumen
• Cost reduction and value engineering
• Risk mitigation and compliance managementChange management and process improvement
• Strong interpersonal and relationship management
• Cross-cultural awareness in global operations

Basic Qualifications

• Education: Bachelor’s degree in Supply Chain Management, Business Administration, Finance, Engineering, or a related field; an MBA or advanced degree is preferred
• Experience: Minimum 10–15 years in procurement, sourcing, or supply chain roles with significant leadership experience; experience in global sourcing and multi-category management is highly desirable
• Professional certifications: CPSM, CSCP, CPM, or other relevant supply chain management certifications

Preferred Qualifications

• Knowledge of industry-specific sourcing (e.g., electronics, apparel, consumer goods)
• Understanding sustainability practices in procurement
• Experience working in fast-paced tech or manufacturing sectors
• Ability to travel for supplier visits and international negotiations
• Analytical skills: Ability to analyze procurement spend data, evaluate supplier performance, and generate actionable insights
• Negotiation and communication: Strong negotiation capabilities, with excellent verbal, written, and interpersonal communication skills
• Technical proficiency: Familiarity with ERP systems (SAP, Oracle), e-sourcing platforms, and procurement analytics tools
• Leadership and project management: Competence in managing multi-functional teams, complex projects, and delivering results within dynamic environments