- Identify and onboard new brands, distributors and suppliers for IdeaCraft's product categories.
- Source products across categories such as electronics, lifestyle, fashion, travel, home & kitchen, wellness, stationery, premium gifting and promotional merchandise.
- Build and maintain strong relationships with brands and authorized distributors.
- Negotiate best pricing, margins, MOQ, credit terms, payment terms and delivery timelines.
- Develop a solid database of brands and vendors for regular procurement requirements.
- Understand client requirements and identify suitable products/brands accordingly.
- Collect and compare quotations from multiple brands/vendors to achieve competitive pricing.
- Coordinate with brands/vendors for product availability, samples, catalogues, specifications and product images.
- Work with the Sales/Marketing team to support client proposals,
product selections and customized gifting requirements.
- Coordinate with the Operations and Warehouse teams to ensure timely procurement and delivery.
- Track purchase orders, lead times, stock availability and pending deliveries.
- Maintain updated brand/product catalogues, pricing sheets and vendor databases.
- Analyse product costing, selling prices and margins to support profitable business decisions.
- Conduct regular market and competitor research to identify new products, brands and gifting trends.
- Explore exclusive deals, bulk purchase opportunities and special commercial arrangements with brands.
- Resolve procurement-related issues with vendors and ensure smooth order execution.
- Prepare regular procurement and category performance MIS reports.