Procurement Executive

Job Title:

Procurement & Vendor Development Executive
To identify, evaluate, and onboard new vendors/manufacturers. The role requires proactive sourcing, negotiation, vendor relationship management, and procurement planning.

Key Responsibilities: Vendor Development:

• Identify and qualify new manufacturers/vendors for required products
• Assess supplier capabilities (quality, capacity, pricing, certifications)
• Maintain and expand a database of reliable and cost-effective suppliers
• Conduct factory visits or audits as needed (physically or virtually)

Procurement & Negotiation:

• Procure goods from manufacturers at best possible prices and payment terms
• Negotiate MOQs, lead times, credit terms, and delivery schedules
• Ensure timely purchase based on client demand / order pipeline
• Prepare and track purchase orders (POs) and manage order lifecycle

Domestic & International Sourcing:

• Source goods from India and international markets (e.g., China, SE Asia)
• Handle import-related coordination: PI, documentation, logistics (if needed)
• Ensure compliance with applicable import/export procedures

Coordination & Delivery Management:

• Coordinate with logistics / warehouse for timely material movement
• Follow up with vendors for dispatches, delays, or issues
• Resolve quality or documentation disputes with suppliers

Reporting & Documentation:

• Maintain vendor records, price lists, purchase data
• Submit regular reports on sourcing progress, vendor pipeline, procurement cost
• Ensure all procurement complies with company policy and ethical standards

KPIs (Performance Metrics):

• Number of new vendors developed per quarter
• Procurement cost savings achieved
• On-time procurement ratio
• Supplier reliability score (quality, delivery, responsiveness)
• Vendor diversification (avoiding single source dependency)

Salary Range : 10,000 to 25,000
Experience: 1 to 5 Year

Job Type: Full-time

Work Location: In person

Job Type: Full-time

Pay: ₹10,000.00 - ₹25,000.00 per month