Sourcing Executive

Job Title: Sourcing Executive Company: LITTLE EARTH COMMERCIAL PVT ltd Job Category: SAP MM Roles & Responsibilities: Department: Procurement / Supply Chain Reports To: Head of Procurement / Supply Chain Director Location: Kolkata Employment Type: Full\-Time We are seeking an experienced and results\-driven Sourcing Executive to lead and manage the organization's sourcing and procurement activities. The individual will be responsible for developing sourcing strategies, identifying and evaluating suppliers, negotiating commercial terms, managing supplier relationships, and ensuring the timely procurement of quality materials and services at competitive costs. The ideal candidate will have strong negotiation, analytical, vendor management, and strategic planning skills, with the ability to drive cost optimization, improve supplier performance, mitigate supply chain risks, and ensure compliance with company policies. Key Responsibilities1\. Strategic Sourcing \& Procurement * Develop and implement sourcing strategies aligned with business objectives. * Identify, evaluate, and onboard potential suppliers and vendors. * Conduct market research and supplier benchmarking to identify competitive sourcing opportunities. * Manage the end\-to\-end sourcing process, including RFQs, RFPs, quotations, negotiations, and contract finalization. * Ensure the availability of materials, products, and services in line with business requirements. 2\. Supplier \& Vendor Management * Build and maintain strong relationships with existing and potential suppliers. * Evaluate suppliers based on quality, cost, delivery, reliability, and service standards. * Conduct supplier audits, performance reviews, and periodic assessments. * Develop alternate supplier sources to reduce dependency and supply chain risks. * Resolve supplier\-related issues and ensure continuous improvement in vendor performance. * Lead commercial negotiations to achieve competitive pricing and favorable payment terms. * Identify cost\-saving and value\-engineering opportunities. * Drive cost reduction initiatives without compromising quality or delivery timelines. * Analyze pricing trends, market conditions, and total cost of ownership. * Monitor and report sourcing savings and procurement efficiencies. * Coordinate with internal departments such as Operations, Production, Finance, Quality, and Logistics. * Ensure timely sourcing to meet business and operational requirements. * Monitor supplier lead times, inventory requirements, and delivery schedules. * Proactively identify potential supply disruptions and implement mitigation plans. 5\. Contract \& Compliance Management * Negotiate and manage supplier agreements, contracts, and service\-level agreements. * Ensure compliance with procurement policies, quality standards, and applicable regulations. * Maintain accurate sourcing documentation, supplier records, and procurement reports. * Ensure transparency, ethical sourcing practices, and proper approval processes. 6\. Team Leadership \& Performance Management * Lead, mentor, and develop the sourcing and procurement team. * Establish sourcing KPIs and monitor team performance. * Drive process improvements, operational efficiencies, and best practices. * Provide regular sourcing performance updates and strategic recommendations to management. Key Performance Indicators (KPIs) * Strong negotiation and commercial acumen. * Strategic sourcing and supplier management expertise. * Excellent analytical and problem\-solving abilities. * Strong communication and stakeholder management skills. * Market research and cost analysis capabilities. * Leadership and team management skills. * Knowledge of procurement processes, contracts, and supply chain operations. * Proficiency in MS Excel, PowerPoint, and ERP systems. * Ability to manage multiple priorities and meet deadlines. Work Location: In person Work Location: WB, India Availability: Full time

Qualifications \& Experience Application Process: Interested candidates may submit their updated CV along with details of their relevant sourcing and procurement experience. Key Skills: Procurement Salary: INR 10000 - 25000 per monthly