Global Sourcing Specialist

The Global Sourcing Specialist conducts sourcing activities supporting the organization's objectives for value-driven vendor partnerships and focused on risk management, reliability, and cost-effectiveness.  The Global Sourcing Specialist will be responsible for executing sourcing strategies to achieve cost savings, ensure product quality and availability, and optimize the supply chain for the organization. The position will collaborate closely with cross-functional teams including procurement, operations, logistics, and suppliers to identify and evaluate potential suppliers, negotiate contracts, manage supplier relationships, and monitor supplier performance to ensure compliance with the organization's policies and standards.

Key Responsibilities:

• Participates in supplier negotiations and contract preparation.
• Participates in supplier relationships and performance, including conducting regular supplier audits and assessments, and managing supplier improvement programs.
• Identify and evaluate potential suppliers, manage RFIs and RFPs, participate in contract negotiations, and participate in supplier selection.
• Collaborate with cross-functional teams to ensure that sourcing strategies are aligned with business needs and objectives.
• Monitor and manage supplier risk, including identifying and mitigating potential disruptions in the supply chain.
• Reviews market intelligence and analysis to anticipate price fluctuations.
• Implement sourcing policies, procedures, and best practices to ensure compliance with the organization's standards and guidelines.
• Collaborate with internal stakeholders to ensure that procurement activities are aligned with company policies and procedures, legal and regulatory requirements.
• Conduct market research and analysis to identify trends, opportunities, and potential risks in the supply chain.
• Provide regular reporting on sourcing activities, performance metrics, and cost savings.

Required Qualifications:

• Fluent in Mandarin
• Ability to travel domestically and internationally as needed.
• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 2 years of experience in global sourcing or procurement, with a proven track record of driving cost savings and supply chain optimization.
• Strong negotiation skills, with the ability to influence and persuade internal and external stakeholders.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with suppliers, internal stakeholders, and team members.
• Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced, dynamic environment.
• Strong analytical and problem-solving skills, with the ability to think strategically and tactically.
• Knowledge of supply chain management, procurement, and sourcing principles, practices, and tools.

Preferred Qualifications:

• Experience in managing and leading cross-functional teams is a plus.
• Experience in ERP System (SAP strongly preferred)
• Experience in the Manufacturing Industry (Utility Manufacturing Strongly preferred)
• Fluent in Hindi