New Product Development Sourcing Executive
7 days ago
We are a pioneering home decor start-up revolutionizing the D2C space. Our innovative self-watering planters have made us a leading player, offering beautiful and hassle-free home decor solutions.
With a small team from Indore, we launched our game-changing products two years ago. Since then, we have become known for delivering top-notch products that combine style and function seamlessly.
Our goal is to disrupt the home decor industry by offering cutting-edge solutions. We promise quick delivery of live plants, stunning design, premium quality, and easy plant care.
Job OverviewThe Purchase & Sourcing Executive (NPD) will be responsible for overseeing and managing the sourcing and procurement of raw materials, components, and finished products essential for new product development. This role requires a proactive individual with strong market insight, negotiation skills, and a keen understanding of the NPD lifecycle.
Main Responsibilities:- Identify and evaluate potential suppliers and vendors to meet specific NPD project requirements.
- Negotiate pricing, terms, and conditions to secure favorable agreements with suppliers.
- Source materials, components, and equipment required for new products and coordinate closely with R&D, engineering, and quality assurance teams.
- Bachelor's degree in Supply Chain Management, Procurement, Engineering, Business Administration, or related field.
- 2-4 years of experience in sourcing and purchasing, along with exposure to new product development.
- Strong negotiation and analytical skills.
- Excellent communication and interpersonal skills.
$80,000 - $120,000 per annum, depending on experience and qualifications.
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