Buying /Sourcing Executive
1 day ago
Job Title: Buying /Sourcing Executive
Location: Pune, India
Industry: FMCG | LED | Consumer Electronics (techtron)
Type: Full-time
Salary: 4-7 LPA
About Us
Multibrands International Ltd. is a UK-based company with over 27 years of experience in FMCG, LED lighting, and consumer electronics. With offices across the UK, India, and China, we are constantly innovating in the fields of health, beauty, mobility, and technology. Our latest venture, techtron, is expanding into E-Mobility and Smart Electronics, including E-Scooters, E-Bikes, EV Chargers, and Dirt Bikes. To support this growth, we are looking for a Creative Designer with strong AI, IT, and software knowledge to lead the next wave of digital creativity.
Key Responsibilities
- Source and evaluate suppliers, building and maintaining strong, long-term relationships with both new and existing partners.
- Implement inventory optimization strategies to ensure efficient stock management and cost control.
- Collaborate closely with the Head Buyer to align sourcing strategies with company goals.
- Obtain, analyze, and compare quotes from various suppliers to ensure the best pricing and terms.
- Negotiate pricing, quantity, delivery schedules, and payment terms to achieve optimal value.
- Liaise with legal counsel to ensure all procurement contracts accurately reflect negotiated terms and compliance requirements.
- Prepare quote comparison reports and contribute to supplier selection decisions.
- Identify opportunities to improve company spending, outsourcing efficiency, and supplier performance.
- Manage transportation and shipping logistics, ensuring competitive pricing, fast shipping, and adherence to delivery deadlines.
- Maintain detailed documentation including pricing, correspondence, technical specs, quality, and legal records from start to completion of each procurement cycle.
- Create and track purchase orders, manage updates to the weekly stock list, and report to management.
- Utilize Chat GPT and other AI tools to draft communications, analyze supplier data, and streamline sourcing documentation.
- Leverage productivity apps and cloud-based systems to manage workflows efficiently.
- Use LinkedIn, CRM systems, and social media platforms for supplier research, networking, and relationship management.
- Perform other related duties as assigned by the Head Buyer.
Requirements
- Bachelors degree in Administration, Logistics, Supply Chain, or a related field.
- Proven experience in procurement, supplier sourcing, and negotiation.
- Strong understanding of sourcing methodologies and vendor management.
- Excellent negotiation, communication, and analytical skills.
- Proficiency in using AI tools (e.g., ChatGPT) to enhance productivity and decision-making.
- Familiarity with IT systems, cloud-based platforms, and productivity software.
- Experience with LinkedIn, social media tools, and digital sourcing platforms preferred.
- Effective time management and organizational skills.
- Experience in LED, FMCG, automotive, or medical supply industries is advantageous.
- Mandarin proficiency will be an added advantage.
Why Join Us?
- Work with a global brand entering the E-Mobility and Smart Electronics space.
- Opportunity to combine creativity with AI-driven innovation.
- Collaborate with a multinational, dynamic team across marketing, design, and technology.
- Career growth in a fast-paced, innovation-focused environment.
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