Procurement Executive
18 hours ago
**Key Responsibilities**:
1. Procurement & Sourcing
- Identify, evaluate, and onboard suppliers for sports goods, apparel, footwear, and accessories.
- Negotiate pricing, payment terms, contracts, and delivery schedules to optimize cost and margin.
- Maintain strong supplier relationships to ensure reliability, quality, and timely availability.
- Explore local and international sourcing opportunities for exclusive and trending sports products.
2. Vendor Management
- Track vendor performance through key metrics (on-time delivery, quality compliance, cost variance).
- Manage supplier database, contracts, and periodic reviews.
- Resolve vendor disputes, delays, or quality issues in coordination with operations.
3. Cost & Compliance
- Ensure all procurement activities comply with company policies and statutory requirements.
- Work closely with finance to manage purchase orders, invoices, and payment timelines.
- Monitor landed cost analysis to balance cost efficiency and quality.
4. Cross-functional Collaboration
- Partner with Marketing and Merchandising teams to procure products for campaigns and promotions.
- Work with Logistics and Warehouse teams to streamline delivery timelines and reduce lead times.
- Support new store openings with timely procurement of stock and fixtures.
5. Additional Responsibilities
- Conduct regular market research and competitor benchmarking to identify new products, vendors, and pricing trends.
- Develop and maintain a database of reliable local and international suppliers.
- Ensure ethical sourcing practices and vendor compliance with sustainability and labor standards.
- Support clearance planning and liquidation of slow-moving or aged inventory through supplier negotiation.
**Qualifications & Skills**:
- Bachelor’s degree in Supply Chain, Business Administration, or related field (MBA preferred).
- 3-5 years’ experience in procurement, preferably in retail, sports, or lifestyle industry.
- Strong negotiation, vendor management, and analytical skills.
- Knowledge of retail supply chain, import/export documentation, and category management.
- Proficiency in MS Excel and procurement software.
- Excellent communication, stakeholder management, and multitasking abilities.
**Preferred Qualifications**:
- Strong attention to detail and accuracy.
- Proactive, solution-oriented mindset.
- Ability to thrive in a fast-paced, multi-store retail environment.
- Passion for sports and understanding of product trends.
**Job Types**: Full-time, Permanent
Pay: ₹18,000.00 - ₹20,000.00 per month
Work Location: In person
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