Sourcing Coordinator

Salary: R18 000 neg.

Requirements:
• Degree level education or equivalent – preferably Supply Chain Management
• Experience in a similar sourcing role within retail across the Far East
• Understanding of accessories/garment/clothing manufacturing and other processes in the retail industry
• Strong networking and negotiation skills
• Excellent communication and people management skills
• 3-5 years’ experience in negotiating and developing relationships with suppliers

Duties & Responsibilities:
• Developing the sourcing strategy to meet the requirements of the merchandise Department
• Documents performance to action plans and timelines for assigned sourcing projects.
• Ensuring the right mix of suppliers and the optimum number of sourcing options
• Establishes supplier base in conformance with guidance from merchandisers
• Supporting the development of the seasonal fashion strategy and sourcing budget process
• Ensuring the competency of suppliers in order to maximize the in-house market share and increase and drive the improvement of the perating margins
• Managing and selecting the manufacturer base to fulfill sourcing requirements
• Maximizing supplier performance and supporting the company’s business plan
• Evaluates current and potential suppliers in coordination with Supplier Liaison Manager
• Works with Supplier Liaison Manager to guarantee supply for all portfolios
More info:
A typical sourcing manager will identify appropriate suppliers, negotiate contracts, coordinate transportation and predict future company needs
A primary goal of every sourcing manager is to secure the highest-quality goods or services at the best possible prices. This requires continuous monitoring of market conditions and industry trends. Among the considerations sourcing managers must analyze are materials inventories, global demand and vendor quality. To make the most advantageous acquisition decisions, a savvy sourcing manager will need to stay abreast of supplier innovations, visit vendor facilities and participate in trade shows. Once preferred providers have been identified, contract negotiations may commence.

It is not uncommon for sourcing managers to wear more than one hat within a company. Many sourcing professionals also have management responsibilities in marketing, logistics, forecasting and manufacturing processes. The potential for expansion beyond the traditional sourcing manager job description suggests that continuing education and specialized credentialing are vital to the success of professionals in this field. Some of the designations available in the sourcing realm include that of certified professional in supply management, certified professional purchasing manager, accredited purchasing practitioner and certified supply chain professional.
They are likely to travel internationally on a frequent basis in search of the very best materials at the most competitive price. Interaction with other business units within the organization or corporation also may be necessary to understand precisely which types of goods, raw materials or external assistance would best facilitate the firm's overall goals.