Posted:3 days ago|
Platform:
On-site
Full Time
We are seeking a proactive and market-savvy Sourcing and Procurement Manager who will identify, evaluate, and source high-potential products from the market that can be branded and sold under our new private-label brand. This role requires strong understanding of market trends, vendor management, product quality evaluation, and negotiation to ensure the company launches competitive and profitable products.
• Identify trending, in-demand, or high-margin products from local and international markets that can be introduced under our brand.
• Conduct product benchmarking, competitor analysis, and feasibility studies.
• Work with vendors to customize or modify products if required.
• Develop a strong supplier base across multiple markets (local manufacturers, wholesalers, OEM suppliers, and exporters).
• Conduct supplier audits based on quality, capacity, pricing, and reliability.
• Negotiate pricing, MOQs, lead times, payment terms, and private-label agreements.
• Ensure best cost-quality balance through strategic negotiation.
• Prepare cost sheets and pricing models for private-label products.
• Manage purchasing budgets and ensure profitability of each sourced product.
• Collaborate with design, branding, and packaging teams for logo, label, and packaging creation.
• Ensure product specifications, packaging, and branding meet regulatory and company standards.
• Coordinate with QA teams for product testing, certifications, and quality approvals.
• Bachelor’s degree in Supply Chain, Business, Marketing, or related field.
• 2-3 years of experience in procurement, sourcing, or buying—preferably for private-label or branded products.
• Strong understanding of retail markets, product trends, and supplier ecosystems.
• Experience working with manufacturers, traders, and OEM suppliers.
• Ability to travel for supplier visits and product research.
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