Job Description: B2B Sourcing Executive
Company: Venttup Ventures Pvt. Ltd.
Designation: B2B Sourcing Executive
Experience: 2–3 Years
Department: Sourcing / Supply Chain / Business Development
Location: Mandur, Budigere Cross, Bengaluru
Employment Type: Full-Time
About Venttup
Venttup Ventures Pvt. Ltd. operates across manufacturing and industrial solutions, supporting customers in areas such as localisation, new product development (NPD), reverse engineering, prototyping and contract manufacturing.
Role Overview
We are looking for a proactive and detail-oriented B2B Sourcing Executive to identify, evaluate and onboard suppliers and manufacturing partners. The candidate will support supplier development, procurement, cost optimisation and sourcing activities for industrial and engineering requirements.
Key Responsibilities
- Identify and develop reliable suppliers, vendors, OEMs and manufacturing partners for industrial and engineering requirements.
- Conduct B2B sourcing for components, raw materials, machined parts, castings, forgings, sheet metal, plastics and other engineering products.
- Source suppliers through online portals, industry databases, referrals, market research and direct vendor outreach.
- Understand technical requirements, drawings, specifications, quantities and quality expectations before initiating sourcing.
- Obtain and compare quotations, negotiate pricing, payment terms, delivery timelines and other commercial conditions.
- Prepare and maintain supplier databases, RFQs, quotation comparison sheets and vendor evaluation records.
- Coordinate with engineering, design, quality, purchase and production teams to understand sourcing requirements.
- Support supplier qualification, documentation, capability assessment and vendor onboarding.
- Follow up with suppliers regarding samples, lead times, order status, quality issues and delivery commitments.
- Identify cost-saving opportunities and alternative suppliers without compromising quality or delivery.
- Support localisation and new product development projects by identifying suitable domestic manufacturing partners.
- Coordinate supplier visits and maintain strong professional relationships with vendors.
- Track sourcing performance, including cost, quality, lead time and supplier responsiveness.
Required Qualifications and Skills
- Bachelor's degree or diploma in Mechanical Engineering, Industrial Engineering, Supply Chain Management, Procurement or a related field.
- 2–3 years of experience in B2B sourcing, vendor development, procurement or industrial purchasing.
- Experience sourcing engineering components, industrial products, raw materials or manufacturing services is preferred.
- Good understanding of RFQs, quotations, commercial negotiations and supplier evaluation.
- Basic ability to interpret engineering drawings, specifications and Bills of Materials (BOM) is an advantage.
- Proficiency in MS Excel, vendor databases and procurement documentation.
- Strong communication, negotiation, coordination and follow-up skills.
- Ability to manage multiple sourcing requirements and meet deadlines.
Preferred Industry Exposure
- Engineering and manufacturing
- Automotive and electric vehicles (EV)
- Aerospace and defence
- Railway and industrial equipment
- New Product Development (NPD)
- Localisation, reverse engineering and contract manufacturing
Key Performance Indicators (KPIs)
- Number of qualified suppliers identified and onboarded.
- Timely closure of sourcing requests and RFQs.
- Cost competitiveness and savings achieved through negotiations.
- Supplier quality, delivery performance and responsiveness.
- Accuracy and completeness of vendor documentation.
- Successful identification of alternative and local suppliers.
What We Offer
- Opportunity to work on diverse industrial and engineering sourcing projects.
- Exposure to supplier development, localisation and new product development.
- Cross-functional collaboration with engineering, quality, procurement and business teams.
- Career growth in strategic sourcing and supply chain management.
Interested candidates may share their updated resume, current CTC, expected CTC, notice period and relevant sourcing experience.
Pay: ₹10,000.00 - ₹33,000.00 per month
Benefits:
Work Location: In person
