Sourcing Specialist

Company Description

Verature Overseas Private Limited

Role Description

This is a full-time, on-site role for a Sourcing Specialist located in Mumbai. The Sourcing Specialist will manage supplier discovery, evaluate and validate potential suppliers, negotiate terms with suppliers, and ensure effective cost optimization. The role involves coordinating quality assurance activities, managing logistics, and ensuring compliance with trade regulations. The candidate will also collaborate with both international clients and Indian manufacturers, ensuring transparent and efficient trade processes.

Identify, vet, and manage Indian suppliers for international buyers and domestic exporters. Manage sampling, supplier negotiations, capacity checks, and maintain a high-quality supplier database.

Core responsibilities:

• Interpret client technical & commercial briefs and translate into sourcing specs (materials, tolerances, packaging, labeling).
• Map supplier clusters across India (textiles, handicrafts, FMCG, herbal products, packaging) using online directories, trade associations, and field contacts.
• Issue RFQs, collate quotations, and compare supplier cost sheets (raw material, processing, packing, inland freight).
• Coordinate sample production and logistics: sample cost negotiation, timelines, sampling QA checklist.
• Conduct supplier diligence: factory visit checklist, capacity verification, financial & legal checks, certifications.
• Prepare supplier scorecards (quality, delivery, communication, price) and update supplier database.
• Negotiate MOQ, lead time, tooling costs and payment milestones.
• Support commissioning stage: confirm production schedule, first piece approvals, mid-run checks.
• Work with QA & Logistics to ensure pre-shipment compliance and packaging readiness.

Requirements:

• Bachelor’s / Master’s in Supply Chain, International Trade, Engineering, or Commerce.
• 2–3 years of hands-on experience in product sourcing, procurement, or vendor development (exports preferred).
• Strong negotiation skills and practical knowledge of supplier capabilities & manufacturing processes.
• Good understanding of product costing and ability to build cost breakdowns.
• Comfortable with factory visits and site audits.

Job Type: Full-time