Global Product Procurement Specialist
Job Title: Global Product Sourcing Specialist
Location: Remote
Experience : 4 yrs plus
Job Summary:
We are seeking a highly motivated and results-oriented Global Product Sourcing Specialist to manage and optimize product sourcing for our portfolio of e-commerce shops. This role is critical in ensuring product availability, competitive pricing, and efficient delivery to meet customer demand. The ideal candidate will have a proven track record of identifying, vetting, and managing global suppliers and dropshippers, negotiating contracts, and coordinating logistics.
Responsibilities:
• Supplier Identification & Vetting: Proactively research and identify potential suppliers and dropshippers across the globe, evaluating their reliability, product quality, pricing, and shipping capabilities.
• Contract Negotiation: Negotiate favorable contract terms with suppliers, including pricing, payment terms, delivery schedules, and quality standards.
• Product Sourcing & Management: Source products based on the specific requirements of each e-commerce shop, ensuring alignment with product catalogs, target demographics, and sales strategies.
• Dropshipping Management: Establish and manage relationships with dropshipping partners, ensuring seamless order fulfillment and timely delivery to customers.
• Logistics Coordination: Collaborate with logistics providers to arrange efficient and cost-effective shipping of products from suppliers to designated locations, including warehouses, fulfillment centers, or directly to customers.
• Inventory Management (Virtual): Monitor product availability with suppliers and dropshippers, proactively identifying and addressing potential stockouts or delays. Update product listings in e-commerce platforms to reflect current availability. Remove discontinued or unavailable products and source suitable replacements.
• Performance Monitoring: Track key performance indicators (KPIs) such as supplier lead times, product quality, shipping costs, and delivery times. Analyze data to identify areas for improvement and implement corrective actions.
• Market Research: Stay up-to-date on market trends, competitor offerings, and emerging product categories to identify new sourcing opportunities.
• Relationship Management: Build and maintain strong relationships with suppliers, dropshippers, and internal stakeholders.
• Compliance: Ensure all sourcing activities comply with relevant regulations and ethical sourcing practices.
Qualifications:
• Bachelor's degree in Business Administration, Supply Chain Management, or a related field preferred.
• Proven experience (4 years) in product sourcing, preferably in the e-commerce industry.
• Strong understanding of global supply chains, logistics, and international trade.
• Excellent negotiation and communication skills.
• Ability to build and maintain strong relationships with suppliers and stakeholders.
• Proficiency in using sourcing tools and e-commerce platforms.
• Strong analytical and problem-solving skills.
• Detail-oriented and organized, with the ability to manage multiple projects simultaneously.
• Ability to work independently and as part of a team.
• Fluency in English (written and spoken) is essential. Additional language skills are a plus.
Preferred Qualifications:
• Experience with dropshipping.
• Experience working with international suppliers.
• Familiarity with import/export regulations.