Procurement Executive

4 days ago

Vapi, India Veeransh chemical PVT LTD Full time

**Job Title**:
**Procurement & Vendor Development Executive**
To identify, evaluate, and onboard new vendors/manufacturers. The role requires proactive sourcing, negotiation, vendor relationship management, and procurement planning.

**Key Responsibilities**:Vendor Development**:

- Identify and qualify **new manufacturers/vendors** for required products
- Assess supplier capabilities (quality, capacity, pricing, certifications)
- Maintain and expand a database of reliable and cost-effective suppliers
- Conduct factory visits or audits as needed (physically or virtually)

**Procurement & Negotiation**:

- Procure goods from manufacturers at **best possible prices** and payment terms
- Negotiate MOQs, lead times, credit terms, and delivery schedules
- Ensure timely purchase based on client demand / order pipeline
- Prepare and track **purchase orders (POs)** and manage order lifecycle

**Domestic & International Sourcing**:

- Source goods from **India and international markets** (e.g., China, SE Asia)
- Handle import-related coordination: PI, documentation, logistics (if needed)
- Ensure compliance with applicable import/export procedures

**Coordination & Delivery Management**:

- Coordinate with logistics / warehouse for timely material movement
- Follow up with vendors for dispatches, delays, or issues
- Resolve quality or documentation disputes with suppliers

**Reporting & Documentation**:

- Maintain vendor records, price lists, purchase data
- Submit regular reports on sourcing progress, vendor pipeline, procurement cost
- Ensure all procurement complies with company policy and ethical standards

**KPIs (Performance Metrics)**:

- Number of new vendors developed per quarter
- Procurement cost savings achieved
- On-time procurement ratio
- Supplier reliability score (quality, delivery, responsiveness)
- Vendor diversification (avoiding single source dependency)

Salary Range : 10,000 to 25,000
Experience: 1 to 5 Year

Work Location: In person

Pay: ₹10,000.00 - ₹25,000.00 per month

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