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Sourcing Specialist

5.00 to 9.00 Years   Chennai   27 Feb, 2024
Job LocationChennai
EducationNot Mentioned
SalaryNot Disclosed
IndustryEngineering / Construction
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Job Description And Responsibilities Identify and evaluate potential suppliers, negotiating contracts and agreements to secure advantageous terms. Build and maintain strong relationships with suppliers, ensuring reliability, quality, and timely delivery of goods and services. Analyze pricing and market trends to identify cost-saving opportunities. Conduct regular market research to identify potential new suppliers and products. Conduct regular supplier performance evaluations and implement improvement strategies as needed. Ensure compliance with company policies, procedures, and regulations in all sourcing activities. Prepare and analyze procurement reports, budgets, and forecasts to support strategic decision-making. Stay updated on industry best practices, market dynamics, and regulatory changes affecting sourcing processes.Key Skills And Qualifications Bachelors degree required, MBA or BBA in supply chain or similar qualification preferred. Excellent. communication skills in English, both written and verbal Experience in supply chain operations, with a minimum of 5 years of relevant experience. Proficiency in Microsoft Office Suite and procurement software. Strong negotiation skills with the ability to drive cost-saving initiatives. Market-oriented mindset with the ability to identify and capitalize on market trends. Strong analytical and problem-solving abilities. Ability to work collaboratively in a cross-functional team environment. Attention to detail and ability to manage multiple priorities simultaneously. Knowledge of relevant regulations and compliance standards in sourcing,At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.Read more on www.kone.com/careers,

Keyskills :
supplier managementmarket researchcomplianceprocurementbudgetingforecastingcommunication skillssupply chain operationsnegotiation skillsanalytical skillscollaborationnegotiatingsupplier performance evaluationMicrosoft Office Suiteprocurement

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