Sourcing Executive - Kanchipuram, India - Inaithriam Impex Internet Private Limited

Description

Product Category Sourcing Executive:

- Entry Level Position
- Freshers accepted. 01 to 02 years of experience preferred.
- More than 03 years experience please refrain.

Vendor/Supplier Identification and Evaluation:

• Identify the needs as stated by our sales team.
• Conduct market research to identify potential vendors and suppliers in Material Handling, Industrial Tools & Supplies, Consumer Durable and Consumer Accessories industry.
• Evaluate vendors based on predefined criteria such as capabilities, capacity, quality standards, financial stability, and track record.
• Collaborate with crossfunctional teams to understand their requirements and align vendor selection accordingly.

Vendor/Supplier Negotiation and Contracting:

• Negotiate favorable terms, pricing, and contracts with vendors, ensuring cost efficiency and value for the company.
• Establish and maintain mutually beneficial relationships with vendors, fostering collaboration and continuous improvement.
• Monitor and enforce vendor compliance with contractual obligations, service level agreements, and quality standards.

Vendor/Supplier Performance Management:

• Define and implement vendor performance metrics and KPIs to assess vendor performance regularly.
• Conduct periodic vendor performance reviews, addressing any issues or concerns, and identifying areas for improvement.
• Collaborate with vendors to drive continuous improvement initiatives and optimize service levels.

Vendor/Supplier Risk Management:

• Identify and mitigate potential risks associated with vendor relationships, such as financial instability, quality issues, or disruptions in the supply chain.
• Develop and implement risk mitigation strategies, including contingency plans and alternative sourcing options.

Market Analysis and Bench-marking:

• Stay updated with industry trends, market dynamics, and emerging technologies related to logistics, supply chain management, eCommerce and vendor management.
• Conduct benchmarking exercises to compare vendor performance, pricing, and service quality against industry standards.

Collaboration and Cross-functional Support:

• Collaborate with internal stakeholders, including operations, procurement, and finance teams, to understand their requirements and align vendor selection accordingly.
• Provide support and guidance to crossfunctional teams regarding vendorrelated matters, fostering effective communication and collaboration.

Who You Are - Required Qualification:

• Any Bachelors degree. Mechanical/production engineering, supply chain management, business administration, or a related field preferred. Relevant certifications are a plus.
• Proven experience in vendor management, sourcing, or procurement within the E commerce or B2B Industrial Tools & Supplies, Consumer Durable and Consumer Accessories Industry is a plus.
• Strong knowledge of eCommerce operations, vendor evaluation methodologies, and negotiation strategies.
• Excellent analytical skills and ability to interpret data to drive decisionmaking.
• Strong negotiation and communication skills, with the ability to build and maintain relationships with vendors and internal stakeholders.
• Familiarity with eCommerce platforms, software, and tools is preferred.
• Very good at MS office suite especially MS Excel, MS Word and MS PPT. High proficiency in MS Excel/Google Sheets is preferred.
• Good understanding of eCommerce marketplace/inventory model, GST, international trade regulations and import/export procedures.
• Proactive and resultsoriented mindset, with the ability to work independently and handle multiple priorities in a fastpaced environment.

Job Types: Full-time, Permanent

Salary: ₹8, ₹15,000.00 per month

Benefits:

• Cell phone reimbursement

Schedule:

• Day shift
• Monday to Friday

Supplemental pay types:

• Performance bonus
• Yearly bonus

Ability to commute/relocate:

• Kancheepuram

Tamil Nadu: Reliably commute or planning to relocate before starting work (required)

Experience: Product Sourcing: 1 year (required)

Language:

• Hindi (required)