Sourcing Executive

Role Overview The Sourcing / Procurement Manager will be responsible for identifying, evaluating, and onboarding new suppliers, negotiating cost-effective deals, ensuring timely procurement of materials, and maintaining optimum inventory levels. This role demands strong market research skills, vendor management abilities, and a keen eye for quality and cost optimization. Key Responsibilities 1) Scouting & Research Identify and research new products as per business requirements. Search, evaluate, and shortlist new vendors through online and offline channels. 2) Vendor Management Conduct price negotiations, finalize orders, and secure favorable terms. Maintain strong relationships with suppliers to ensure long-term business continuity. 3) Procurement & Inventory Perform regular inventory checks and ensure timely re-ordering of materials. Monitor stock levels to support cost and inventory optimization. 4) Quality & Delivery Assurance Ensure timely delivery of goods as per order terms. Oversee quality checks, GRN preparation, and manage material return processes for discrepancies. 5) Cost Optimization & Compliance Continuously evaluate vendors for pricing, quality, and service efficiency. Work towards reducing procurement costs without compromising quality. 6) Operational Support Coordinate with internal teams (operations, warehouse, accounts) for smooth procurement flow. Handle other procurement-related support tasks as required. Skills & Requirements Strong negotiation and communication skills Good knowledge of procurement processes and vendor management Proficiency in MS Excel and inventory tools Ability to multitask and work in a fast-paced environment Detail-oriented with strong analytical skills Experience in sourcing (online & offline) Knowledge of GRN, QC, and return processes