GoNoise.com - AM - Sourcing & Product Development (2-5 yrs)
Job Description-
- Managing imports/inbound, information flow and physical flow of material.
- Vendor sourcing, negotiating for achieving cost effective purchase of raw materials/semi-finished goods and reduction in delivery times.
- R&D on new products and categories
- Launch new products and manage the entire product lifecycle.
- Preparing purchase schedules for timely procurement of materials, raw materials and capital equipment to ensure smooth execution of projects/ business operations.
- Ordering, tracking and updating warehouse and category team on status and progress
- Assessing performance of the vendors based on various criterions such as percentage for rejections, quality improvement rate, timely delivery, credit/pay terms, service turn on time etc.
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Anticipate unfavourable events through analysis of data and prepare control strategies
- Solving issues and developing new solutions requiring new and innovative approaches.
- Balance both tactical execution with strategic initiatives necessary to drive cost reduction
- Identifying, develop, maintain vendor base for obtaining timely procurement of materials at favorable terms to ensure smooth operations.
- Perform risk management regarding supply contracts and agreements
- Managing & preparing performance reports and share the same with respective vendors and within the organization
- Managing day to day operational & logistics related activities.
- Works with cross functional teams
Desired Candidate Profile :
- Knowledge of sourcing and procurement techniques as well as a dexterity in reading the market
- Exposure to sourcing from China / S.East Asian countries
- Talent in negotiations and networking
- Knack for technology and tech products
- Aptitude in decision-making and working with numbers
- Strong verbal and written communication skills
- Demonstrated ability to analyze and resolve problems
- Experience of 2-5 years in related industry/ product categories
- Qualification - B.E/B.Tech and/or MBA.
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