JOB DESCRIPTION - VENDOR DEVELOPMENT EXECUTIVE / ENGINEER

Designation : Vendor Development Executive / Engineer Department : Purchase / Supply Chain / Vendor Development Experience : 2 to 8 Years Job Level : Middle Level

Job Summary

Key Roles & Responsibilities

- Identify and develop new vendors and suppliers based on the company’s material and production requirements.
- Search for alternate sources to reduce dependency on single vendors and ensure uninterrupted material supply.
- Evaluate vendors based on their technical capability, production capacity, quality standards, pricing and delivery performance.
- Conduct vendor visits, audits and capability assessments before finalizing new suppliers.
- Coordinate with internal departments to understand technical specifications and sourcing requirements.
- Obtain quotations from vendors and compare prices, quality, lead time and commercial terms.
- Negotiate prices, payment terms, delivery schedules and other commercial conditions with suppliers.
- Support cost reduction initiatives through value engineering, alternate vendor development and price negotiations.
- Coordinate for sample development, trial orders, inspection and approval of new vendors.
- Work closely with the Quality team to resolve vendor-related quality issues and implement corrective actions.
- Monitor vendor performance regularly with respect to quality, cost, delivery and responsiveness.
- Prepare and maintain vendor performance reports and supplier evaluation records.
- Follow up with vendors to ensure timely dispatch and delivery of materials as per production schedules.
- Resolve issues related to delayed deliveries, material shortages,



rejections and supply disruptions.
- Develop long-term and qualified relationships with key vendors and suppliers.
- Ensure vendors comply with company quality standards, technical specifications and documentation requirements.
- Coordinate with the Purchase and Accounts teams regarding purchase orders, invoices and payment-related matters.
- Maintain an updated database of approved vendors, alternate suppliers and vendor development activities.
- Participate in continuous improvement activities related to sourcing, supply chain and vendor quality improvement.
- Prepare MIS reports and provide regular updates to the reporting manager regarding vendor development activities.

Required Skills & Competencies

- Strong knowledge of vendor sourcing, supplier development and procurement processes.
- Good negotiation and commercial discussion skills.
- Knowledge of cost analysis and price comparison.
- Ability to understand technical specifications and manufacturing requirements.
- Experience in vendor evaluation, vendor audits and performance monitoring.
- Strong communication and relationship management skills.
- Good coordination skills with internal departments and external suppliers.
- Ability to handle multiple vendors and follow up effectively.
- Good problem-solving and decision-making abilities.
- Proficiency in MS Excel, Word and ERP systems is preferred.

Preferred Background

Education

Diploma / BE / B.Tech in Mechanical, Electrical, Production or relevant Engineering discipline preferred. Relevant experience in Vendor Development, Purchase or Supply Chain will also be considered.

Pay: ₹25,000.00 - ₹85,000.00 per month

Work Location: In person

📌 Vendor Development (Nashik)
🏢 D ASPIRE
📍 Nashik