Sourcing Manager

3 weeks ago

Johannesburg, South Africa Epiroc AB Full time

**Functional area**:Sourcing**Onsite or Remote**:Onsite**Primary Skills**:Critical Thinking,Coaching and Mentoring,Analytica**Country/Region**:ZA**City**:Johannesburg**Location**:Johannesburg, GT, ZA, 2000**Company name**:Innovative Mining Products (Pty) Limited**Date of posting**:May 16, 2024**Job Title**:Sourcing Manager**

**Purpose of the Job**
- We are seeking a highly skilled and motivated Sourcing Manager to lead the sourcing team in identifying cost-effective suppliers, negotiating contracts, and establishing strategic partnerships that contribute to the company's growth and profitability.- As a Sourcing Manager at New Concept Mining, you will play a pivotal role in optimizing our procurement processes and ensuring the efficient acquisition of goods and services.- Your expertise and strategic approach will contribute significantly to the company's overall success, risk management and sustainability.**Qualification Requirements**
- Bachelor’s degree in business, Supply Chain Management, or a related field.

**Knowledge & Experience**
- Proven experience in strategic sourcing, procurement, or supply chain management, with at least 5 years in a managerial role.
- Proven work experience as Sourcing Manager, or similar role, preferably in the manufacturing (preferably within an OEM Environment) industry.
- Strong negotiation skills and a track record of achieving cost savings while maintaining quality standards.
- In-depth knowledge of procurement processes, supplier evaluation, and contract negotiation.

**Competencies**
- Self-managing; works well under little supervision.
- Self-motivated and enthusiastic
- Confidence to question and verify information.
- Understanding of sustainability and ethical sourcing principles.
- Attention to detail and well organized.
- Strong communication and interpersonal skills to collaborate with various stakeholders.
- Successfully interact with all organisational levels.
- Detail-oriented and highly organized, capable of managing multiple priorities.
- Track record of value adding in a Multi-National Corporate environment through collaboration.

**Responsibilities**
- Perform a Sourcing function for the RGU & HRD Business Line and Product Company.
- Develop and maintain a Strategic Supplier Matrix and framework which can be adopted by the Operational Procurement Team.
- Develop and implement sourcing strategies aligned with company objectives to optimize supplier relationships, costs, and quality.
- Lead a team of procurement professionals, providing guidance and fostering a high-performance culture.
- Identify potential suppliers, conduct thorough evaluations, and negotiate contracts to secure favorable terms and conditions.
- Collaborate with cross-functional teams to understand departmental requirements and ensure sourcing activities align with business needs.
- Engage with the Epiroc Global Sourcing team to strengthen sourcing capabilities and strategies sourcing decisions.
- Develop pricing indices to track trends and inform strategic price management.
- Develop and maintain strong relationships with key suppliers to drive innovation, cost reduction, and reliability.
- Develop Supplier SLAs that will build trust, clarify expectations and simplify pricing reviews.
- Establish and maintain KPIs and metrics to measure sourcing effectiveness and efficiency.
- Drive sustainability and ethical sourcing initiatives to align with corporate social responsibility goals and the Epiroc Way.
- Proactively identify opportunities for process improvements and cost savings within the procurement function.
- Conduct periodic supplier audits to assess capabilities, compliance and develop strategic partnerships.
- Stay up-to-date with relevant industry regulations and compliance requirements.
- Must be willing to do occasional travel to suppliers as per Operational requirement and demand.
- Occasional group travel.
- Continuously monitor supplier performance, assess risks, and implement mitigation strategies.
- Stay updated on market trends, industry best practices, and regulations to inform.
- Conducting research to ascertain the best products and suppliers in terms of best value, delivery schedules and quality.
- Identifying potential suppliers, visiting existing suppliers, building and maintaining good relationships with them.
- Liaising between suppliers, manufacturers, relevant internal departments and customers to ensure specifications and quality standards are clarified and adhered to.
- Negotiating and agreeing contracts to secure the most advantageous terms.
- Collaborate the activities of the procurement, demand planning and stores personnel to ensure that all activities are coordinated, and performance standards are met.
- Monitor forecasting levels of demand to meet business needs and maintain stock levels.
- Generate RAs for all processes within span of control.
- Implementation of RA controls.
- Adhere to audit standard.
- Continually investigate and interrogate curre

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