Sourcing Executive

Interhafen Global Sourcing is seeking a motivated Sourcing Executive to join our dynamic procurement team. The successful candidate will play a crucial role in managing supplier relationships, driving strategic sourcing initiatives, and ensuring cost-effective procurement solutions. As a Sourcing Executive, you will oversee a team of three members, guiding their activities and fostering a collaborative environment to meet company sourcing objectives efficiently and effectively. This role requires a proactive and organized individual with excellent English communication skills and a professional demeanor, eager to develop and contribute to the international growth of Interhafen Global Sourcing. In this position, you will be responsible for evaluating suppliers, negotiating contracts, and analyzing costs to optimize procurement processes. You will work closely with cross-functional teams to align sourcing strategies with broader business goals. The role demands strategic thinking, attention to detail, and the ability to manage multiple tasks while maintaining high standards of quality and compliance. Your leadership in managing a small team will be crucial in achieving shared goals and implementing best practices within the sourcing function.
Responsibilities

Develop and maintain strong relationships with suppliers to ensure reliability, quality, and cost-effectiveness.
Lead strategic sourcing initiatives by identifying potential suppliers, evaluating proposals, and selecting the best options for the company.
Negotiate pricing, payment terms, and contracts with suppliers to secure advantageous agreements aligned with company goals.
Conduct detailed cost analysis to evaluate procurement options and support decision-making processes.
Manage contract creation, review, and compliance to protect company interests and mitigate risks.
Oversee and mentor a team of three sourcing professionals, providing guidance and support to achieve departmental objectives.
Collaborate with internal teams to understand sourcing needs and align procurement strategies with business requirements.
Track market trends and supplier performance to identify opportunities for improvement and innovation.
Ensure timely and accurate reporting on sourcing activities and performance metrics.
Maintain organized records of supplier contracts, evaluations, and communications.
Promote continuous improvement in sourcing processes and team capabilities through training and development.
Uphold professional standards and demonstrate effective communication both within the team and with external partners.