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Job Title

Procurement & Vendor Development Executive To identify, evaluate, and onboard recent vendors/manufacturers. The role requires proactive sourcing, negotiation, vendor relationship management, and procurement planning.

Key Responsibilities: Vendor Development:
Identify and qualify new manufacturers/vendors for required products
Assess supplier capabilities (quality, capacity, pricing, certifications)
Maintain and expand a database of reliable and cost-effective suppliers
Conduct factory visits or audits as needed (physically or virtually)

Procurement & Negotiation:
Procure goods from manufacturers at best possible prices and payment terms
Negotiate MOQs, lead times, credit terms, and delivery schedules
Ensure timely purchase based on client demand / order pipeline
Prepare and track purchase orders (POs) and manage order lifecycle

Domestic & International Sourcing:
Source goods from India and international markets (e.g., China, SE Asia)
Handle import-related coordination: PI, documentation, logistics (if needed)




Ensure compliance with applicable import/export procedures

Coordination & Delivery Management:
Coordinate with logistics / warehouse for timely material movement
Follow up with vendors for dispatches, delays, or issues
Resolve quality or documentation disputes with suppliers

Reporting & Documentation:
Maintain vendor records, price lists, purchase data
Submit regular reports on sourcing progress, vendor pipeline, procurement cost
Ensure all procurement complies with company policy and ethical standards

KPIs (Performance Metrics):
Number of new vendors developed per quarter
Procurement cost savings achieved
On-time procurement ratio
Supplier reliability score (quality, delivery, responsiveness)
Vendor diversification (avoiding single source dependency)

Job Types: Full time, Permanent Pay: ₹20,000.00 - ₹25,000.00 per month

Perks
Health insurance
Provident Fund

Work Location: In person

📌 Purchase Executive Vapi (India)
🏢 Vrik Pharma
📍 India