Sourcing Executive

Job Responsibilities: • Source and assess suppliers and vendors while requesting and comparing quotations. • Prepare comprehensive cost analyses and product cost breakdowns. • Negotiate pricing, payment terms, and delivery schedules effectively. • Monitor material costs and identify opportunities for cost savings. • Maintain supplier relationships and performance records diligently. • Support procurement, budgeting, and inventory planning initiatives. • Ensure compliance with sourcing and purchasing policies. Requirements: • Diploma in Supply Chain Management, Procurement, Business Administration, Engineering, or equivalent. • Minimum of 2-5 years of experience in costing, sourcing, procurement, or purchasing within a manufacturing environment. • Demonstrated experience in sourcing precision machining or sheet metal • Strong knowledge of BOM (Bill of Materials) costing and product cost analysis. • Familiarity with RFQ/RFP processes, supplier selection, and vendor management. • Proficient in Microsoft Excel and ERP/MRP • Strong analytical, communication, and problem-solving skills. • Ability to work with cross-functional teams, including Engineering, Production, Planning, and Sales. • Capacity to work under tight deadlines and manage multiple projects simultaneously.