Sourcing Executive
1 month ago
**Key Responsibilities**:
Vendor Communication: Establish and maintain effective communication channels with
vendors to gather information on new products, product updates, and stock availability.
Regularly liaise with vendors to ensure timely updates on catalog listings.
Catalog Updates: Update the admin console system with accurate and detailed information
received from vendors regarding product catalogs. Ensure that all product information, such as
descriptions, specifications, and pricing, is up-to-date and reflects the latest offerings.
Stock Monitoring: Continuously monitor and track stock levels of products in collaboration with
vendors. Proactively update the admin console system to reflect changes in stock availability,
including identifying and managing out-of-stock products and replenishment timelines.
Vendor Performance Evaluation: Collaborate with the procurement team to evaluate and
assess vendor performance based on factors such as product quality, delivery timelines, and
responsiveness. Provide feedback to vendors and work towards improving overall vendor
performance.
Price Negotiation: Collaborate with the procurement team to negotiate favorable pricing and
terms with vendors. Analyze market trends, conduct price comparisons, and leverage
relationships to secure competitive pricing for products.
Quality Control: Work closely with vendors to ensure adherence to quality standards for the
products sourced. Conduct periodic quality checks and audits to maintain consistent quality
across the product catalog.
Relationship Building: Build and nurture strong relationships with vendors to facilitate effective
communication, foster long-term partnerships, and drive mutual growth opportunities. Stay
informed about industry trends and maintain knowledge of market dynamics.
Data Analysis: Analyze sourcing data and trends to identify opportunities for cost savings,
process improvements, and vendor consolidation. Provide insights and recommendations to
optimize sourcing strategies.
Collaboration: Collaborate with cross-functional teams, including inventory management,
marketing, and operations, to ensure alignment on catalog updates, stock availability, and
product launches. Coordinate efforts to streamline processes and improve overall efficiency.
**Skills and Qualifications**:
- Bachelor's degree in business administration, supply chain management, or a related
field (or equivalent work experience)
- Previous experience in sourcing, vendor management, or procurement, preferably within
the fashion or retail industry
- Strong negotiation and communication skills
- Attention to detail and ability to maintain accurate and up-to-date records
- Familiarity with inventory management systems and admin console platforms
- Analytical mindset and ability to interpret data and trends
- Strong organizational and time management skills
- Ability to build and maintain strong vendor relationships
- Knowledge of sourcing best practices and market dynamics
- Proficiency in Microsoft Excel or similar tools for data analysis
**Salary**: ₹15,000.00 - ₹18,000.00 per month
**Benefits**:
- Flexible schedule
Schedule:
- Rotational shift
Supplemental pay types:
- Performance bonus
Ability to commute/relocate:
- Jaipur, Rajasthan: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- total work: 1 year (preferred)
Work Location: One location
**Speak with the employer**
+91 +91 96640 33152
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