Purchase Sourcing Manager

Role & responsibilities

Vendor Development & Onboarding:

- Identify and evaluate new vendors across India for standard items such as: - Pump spares - Flow meters (rotameters, digital, magnetic, etc.) - Industrial valves (ball, gate, butterfly, NRVs, etc.) - Plate Heat Exchangers (gaskets, plates) - Standard instruments (pressure gauges, level indicators, sensors )

- Conduct vendor assessments: capability, capacity, compliance (ISO), and past performance.

- Manage onboarding process: vendor registration, product cataloguing, and documentation.

Product Sourcing & Pricing Strategy:

- Source new products and variants for online catalog expansion.

- Benchmark prices from multiple vendors for competitive pricing strategy.

- Work closely with digital marketing and product listing teams for SKU optimization.

- Develop standard product data sheets in coordination with vendors.

Procurement & Inventory Support:

- Define minimum order quantities (MOQs), lead times, and re-order levels.

- Liaise with warehouse and supply chain teams to streamline stocking of fast-moving SKUs.

- Support procurement with strategic buying decisions based on sales trends and demand forecasts.

Commercial & Negotiation:

- Negotiate payment terms, credit period, pricing, and logistics support with vendors.

- Build long-term vendor partnerships with volume-based incentive models.

Compliance & Quality:

- Ensure compliance with Vistar B2B platform quality standards.

- Coordinate with third-party inspection agencies if required.

- Manage vendor scorecards based on delivery, quality, and service.

Preferred candidate profile

Qualifications:

- Bachelors degree in Mechanical Engineering, Industrial Engineering, or Supply Chain.

- MBA in Supply Chain Management (preferred but not mandatory).

Experience:

- Minimum 37 years in sourcing or vendor development in the fluid handling or industrial supply domain.

- Experience in dealing with products such as pumps, valves, instrumentation, or piping items is essential.

- Familiarity with digital product onboarding for e-commerce platforms is a plus.

Skills:

- Strong commercial negotiation and analytical skills.

- Good communication and interpersonal skills for vendor relationship management.

- Proficiency in Excel and ERP systems.

- Ability to travel for vendor audits and fairs.