09 Aug
|
WishLuck
|
Noida
Role: Procurement & Vendor Sourcing Executive
Location : Noida (in office)
Experience : 1-3 years in purchase/procurement/vendor sourcing (D2C, toys, FMCG, or import/trading background preferred)
Salary:
18,000–22,000/month
About the Role
WishLuck is looking for a hands-on Procurement Executive to own end-to-end vendor management for existing products and sourcing of new products — from price negotiation to on-time purchase order execution. This is an execution-first role: you'll be the person ensuring stock never runs out because of a vendor delay, and every rupee spent on sourcing is the best rate we could get.
Key Responsibilities
1. Vendor Management (Existing Products)
* Maintain and manage the vendor list for all current SKUs across all the brands.
- Track vendor performance: delivery timelines, quality consistency, rate history
- Ensure repeat purchase orders go out on time — zero stockouts due to late PO placement
- Build backup/alternate vendors for every critical SKU so we're never dependent on a single source
1. Price Negotiation
* Negotiate best possible rates on every purchase — bulk pricing, payment terms, freight terms
- Track rate trends per product/vendor to identify when a vendor is overcharging vs. market
- Renegotiate rates periodically (quarterly) as order volumes scale
- Get comparative quotes from 2-3 vendors before finalizing any new/large order
1. New Product Sourcing
* Check product availability, MOQ, sample cost, and lead time quickly (same-day/next-day turnaround on availability checks)
- Source and coordinate product samples before bulk order confirmation
- Maintain a running tracker of potential new products with vendor contact, pricing, MOQ, and status
1. Purchase Order & Timeline Ownership
* Raise POs, track order status end-to-end (confirmation → production → dispatch → delivery)
- Proactively flag any delay risk 5-7 days in advance — not after the stock has run out
- Coordinate with warehouse/inventory team (Pintu/Sunny) on incoming stock timing
1. Documentation & Reporting
* Maintain a master purchase tracker (vendor, product, rate, MOQ, lead time, last order date, next reorder trigger point)
- Weekly report to founder: pending POs, vendor issues, new sourcing leads, rate changes
What We're NOT Looking For
- This is not a strategic/senior sourcing head role — day-to-day execution and follow-through matter more than high-level negotiation theory
Ideal Candidate
- Comfortable talking to vendors/suppliers directly (calls, WhatsApp, email) to negotiate and follow up
- Detail-oriented — won't let a PO or vendor follow-up slip through the cracks
- Some exposure to import/China sourcing, Alibaba/1688, or toy/FMCG trading is a strong plus
- Intermediate Excel/Google Sheets comfort for tracking
📌 Purchase & Vendor Management Executive (Noida)
🏢 WishLuck
📍 Noida