Senior Sourcing Specialist

Job description

Summary The main objective of the position is to lead the sourcing division by establishing strong partnerships with vendors in the country and beyond and set them up for sustainable business growth. This entails strengthening partnerships with existing vendors and sourcing new manufacturers in alignment with divisional sourcing strategy. What you'll do The holder of the position is mainly responsible for the following areas in coordination with his / her superior: Serve as the primary point of contact for an assigned portfolio of suppliers, fostering long-term, strategic partnerships Identify, onboard and develop new manufacturing partners based on aligned strategic sourcing roadmap Enhance vendor relationships and further strengthen partnerships within existing supplier network Demonstrate product knowledge, strong understanding of pricing down to a component / material level and market knowledge/industry know-how. Collect relevant data to formulate sourcing proposals. Drive the initial collection of supplier information, conduct price quotations, and perform comprehensive cost/price analysis and benchmarking against market standards Regularly assess supplier production capacity, capabilities, and performance to ensure reliable delivery and adherence to quality standards Collaborate cross-functionally with various internal stakeholders and suppliers to understand business needs and priorities and develop optimal solutions to support Support relevant commercial HQ teams in Asia through identification of relevant products and innovation from local manufacturing partners Support category trips, including pre-trip itinerary set up and finalization, to ensure the trip objectives are fully achieved Supports the Asian HQ teams with daily operations as needed Maintains and updates performance data for suppliers on a regular basis. Contributes to relevant business reports and recaps to better understand and manage sourcing activities Coach and develop the subordinates and teams (if applicable) Ensure consistent exchange and alignment with different local offices & Vendor Management teams in terms of market updates and business opportunities' Live our values and embrace change What you'll need University Degree or equivalent Ideally above 5 years relevant product experience in a reputed company, ideally in a buying office or export factory Must have good knowledge and network within supplier's community and beyond Understanding of European retail space is beneficial Knowledge on compliance and sustainability programs Good project management and analytical skills Excellent interpersonal and negotiation skills with internal & external parties Self-starter and resourceful in getting things done in a timely manner Excellent written and spoken English & local language Willing to travel frequently