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Sourcing Officer

Salary

₹30 - 30 LPA

Min Experience

2 years

Location

Saltlake

JobType

Contract

About the job

Info This job is sourced from a job board

About the role

Sourcing officer Roles & Responsibilities: 1. New Seller Acquisition & Onboarding Identifying and onboarding new sellers/suppliers to expand the product portfolio. Building relationships with reliable vendors to ensure a consistent supply chain. 2. Market Demand Analysis Conducting market research to identify trending and high-demand products. Analyzing competitor strategies and customer preferences to optimize procurement. 3. Strategic Procurement Planning Sourcing products based on demand forecasts and business needs. Managing inventory levels to avoid overstocking or stockouts. 4. Negotiation & Cost Optimization Negotiating pricing, payment terms, and contract agreements with suppliers. Ensuring the best cost-value balance while maintaining product quality. 5. Data Analysis & Reporting Using data analytics to track procurement performance, cost trends, and supplier efficiency. Providing regular reports on sourcing activities, cost savings, and new opportunities. 6. Category Expansion & Business Growth Identifying new product categories and suppliers to drive business expansion. Collaborating with internal teams (sales, marketing, operations) to align sourcing with business goals. 7. Stakeholder Communication & Relationship Management Acting as a bridge between suppliers, internal teams, and management. Ensuring smooth collaboration and resolving any supplier-related challenges. 8. Process Improvement & Compliance Continuously improving sourcing processes for better efficiency. Ensuring compliance with company policies, legal requirements, and quality standards. 9. Smart Communication & Negotiation Being a confident and persuasive speaker to close deals effectively. Building strong professional networks within the industry. 10. Proactiveness & Enthusiasm for Growth Staying updated on industry trends and best practices. Taking initiative to explore new sourcing strategies and business opportunities.

About the company

2coms

Skills

field sales