20 Oct
|
Royaloak Incorporation
|
Bengaluru
20 Oct
Royaloak Incorporation
Bengaluru
Company Description:
Royaloak Incorporation Pvt. Ltd. is India’s premier furniture brand, recognized as a market leader with an extensive range of products at highly competitive prices. Guided by founders Vijai and Mathan Subramaniam, who bring over 25 years of industry experience, the company focuses on delivering “International furniture, Elevating Lifestyles.” Royaloak’s signature Country Collections feature designs inspired by America, Italy, Turkey, Malaysia, and India, curated by in-house designers to suit diverse customer tastes and concepts.
With a network of over 200 stores across India and a one-year warranty on most products, Royaloak combines affordable international luxury with reliability and peace of mind. Applicants can explore the brand further at royaloakindia.com or by visiting a nearby store.
Role Description:
The Purchasing Manager is a full-time, on-site role based in Bengaluru. This role is responsible for managing end-to-end procurement activities, including vendor identification, supplier negotiations, purchase order creation, and ensuring timely delivery of furniture and related materials.
The Purchasing
Manager monitors inventory levels, aligns purchasing plans with sales forecasts, and collaborates closely with store operations, warehouse, and finance teams to maintain optimal stock availability and cost efficiency. Day-to-day tasks include evaluating supplier performance, maintaining accurate purchasing records, analyzing pricing and quality data, and ensuring adherence to company policies and compliance standards.
The role also involves contributing to process improvements, supporting new product introductions, and building long-term, value-driven relationships with suppliers.
Key Responsibilities
· Manage end-to-end procurement of non-trade categories: VM, Store Fitouts, Recent Store Projects, Renovations, Marketing, Admin, Facilities, Logistics and Store Consumables.
· Lead sourcing and procurement for new store openings, renovations and project execution in coordination with Projects, Retail and VM teams.
· Develop and manage a robust vendor base, ensuring quality, timely delivery and competitive pricing.
· Negotiate commercial terms, contracts and service agreements to achieve cost optimization.
· Collaborate with cross-functional teams to understand procurement requirements and ensure seamless execution.
· Monitor procurement budgets, vendor performance, contract compliance and procurement KPIs.
· Drive strategic sourcing, value engineering and cost-saving initiatives across all non-trade categories.
Key Competencies
· Non-Trade Procurement
· Vendor & Contract Management
· Commercial Negotiation
· Cost Optimization
· Stakeholder Management
Qualification
Graduate in any discipline; MBA/PGDM in Supply Chain, Operations, Procurement, or Materials Management preferred.
Experience
8–12 years of experience in Non-Trade Procurement within Retail, Furniture, Consumer Durables, Large Format Retail, Hospitality or Real Estate. Experience in VM, Store Projects, New Store Rollouts, Procurement, Vendor Management and Strategic Sourcing highly preferred.
📌 Purchasing Manager (Bengaluru)
🏢 Royaloak Incorporation
📍 Bengaluru