12 Oct
|
Dotworkplace Solutions
|
Jigani
12 Oct
Dotworkplace Solutions
Jigani
Manager – Vendor Development
Company: Dot Workplace Solutions Pvt. Ltd.
Location: Jigani, Bangalore, Karnataka
Department: Purchase / Procurement
Designation: Manager – Vendor Development
Industry: Customized Furniture Manufacturing
Experience: 8+ Years
Job Summary
We are looking for an experienced and result-oriented Manager – Vendor Development to manage vendor sourcing, development, and procurement activities for our customized furniture manufacturing business. The ideal candidate should have a strong network of 100+ vendors and suppliers, excellent commercial negotiation skills, and the ability to develop long-term vendor relationships while ensuring competitive pricing, quality materials, and timely delivery.
Key Responsibilities
1. Vendor Development & Management
- Identify, evaluate, and develop new vendors for raw materials, components, hardware, and other furniture manufacturing requirements.
- Maintain and expand a solid vendor database with a network of 100+ established vendors.
- Build and maintain long-term relationships with existing and new suppliers.
- Conduct vendor assessments based on quality, pricing, delivery performance, reliability, and production capacity.
- Develop alternative vendor sources to ensure uninterrupted material availability.
2. Commercial Negotiations & Cost Optimization
- Negotiate competitive prices, payment terms, credit periods, and delivery conditions with vendors.
- Obtain quotations, compare commercial offers, and finalize vendors based on cost, quality, and service.
- Drive cost-saving initiatives through strategic sourcing, bulk purchasing, and effective negotiations.
- Monitor market prices and identify opportunities to reduce procurement costs.
- Finalize commercial terms in coordination with the Purchase,
Finance, and Management teams.
3. Furniture Industry Procurement
- Develop vendors for customized furniture manufacturing materials, including:
- Plywood, MDF, particle board, and laminates.
- Solid wood, veneers, and decorative materials.
- Furniture hardware, fittings, hinges, channels, and handles.
- Metal components, fabrication materials, and accessories.
- Upholstery, fabrics, foam, and other furniture-related materials.
- Other customized furniture components and production consumables.
- Understand project-specific requirements and identify suitable suppliers for customized products.
- Coordinate with Design, Production, Projects, Quality, and Stores teams to ensure material availability as per requirements.
4. Vendor Performance & Compliance
- Monitor vendor performance regarding quality, lead time, pricing, and delivery commitments.
- Establish and maintain vendor evaluation and rating systems.
- Resolve supplier-related issues, including quality deviations, delays, and commercial disputes.
- Ensure vendors comply with company quality standards, documentation requirements, and applicable policies.
- Maintain updated vendor records, price lists, quotations, and commercial agreements.
5. Team Coordination & Reporting
- Coordinate with internal departments to plan procurement activities and material requirements.
- Track purchase orders, pending deliveries,
and vendor commitments.
- Prepare reports on vendor development, cost savings, procurement performance, and supplier evaluation.
- Support management in strategic sourcing decisions and long-term procurement planning.
Required Qualifications & Skills
- Bachelor's degree or Diploma in Mechanical Engineering, Industrial Engineering, Supply Chain Management, Business Administration, or a related field.
- Minimum 8+ years of experience in vendor development, strategic sourcing, purchase, or procurement.
- Experience in furniture manufacturing, interior fit-outs, modular furniture, or a related manufacturing industry is preferred.
- Strong existing vendor network, preferably with 100+ established vendor contacts relevant to furniture manufacturing.
- Excellent commercial negotiation, cost analysis, and supplier management skills.
- Good understanding of furniture raw materials, hardware, components, and manufacturing processes.
- Strong communication, relationship management, analytical, and problem-solving skills.
- Proficiency in MS Excel, vendor databases, and ERP or procurement systems.
Key Performance Indicators (KPIs)
- Number of qualified vendors developed and activated.
- Cost savings achieved through commercial negotiations.
- Improvement in vendor pricing and payment terms.
- On-time material delivery performance.
- Reduction in material quality issues and procurement delays.
- Vendor availability and sourcing alternatives for critical materials.
- Strength of vendor relationships and supplier performance.
Pay: From ₹45,000.00 per month
Benefits
- Food provided
- Health insurance
- Life insurance
- Provident Fund
Work Location: In person
📌 Manager - Vendor Development (Jigani)
🏢 Dotworkplace Solutions
📍 Jigani