Jobs›Sourcing Executive, Bangalore

Sourcing Executive

LANS Corporation · Bangalore
Pay₹25,000a month, as listed
WhereBangaloreKarnataka
TypeFull time
Posted4 Nov7 days ago, via SimplyHired
Kaam checked
No fee, deposit or pay-to-apply signs
Day work
No vehicle or licence needed
Skills they list37 named
Supplier orderingVendor relationship buildingReport preparationVendor performance reportingMarket research projectsPrice comparisonGoogle SheetsPayment terms negotiationCost optimisationPricing analysisProcurementOperations coordinationCommercial terms negotiationOrder expeditingPurchase order managementVendor performance evaluationRecords managementBachelor's degreeStakeholder coordinationCost analysisCost reductionQuotation comparisonProcurement processingSupplier master data maintenanceVendor relationship managementCompetitive biddingProcurement cost analysisPurchasingLogistics order managementProcurement contract negotiationProductivity softwareStrategic sourcingCommunication skillsTeam coordinationVendor performance monitoringOperational performance reportingTime management
About this job

We are looking for a proactive and detail-oriented Sourcing Executive responsible for identifying, evaluating, and sourcing reliable suppliers and vendors. The candidate should have good negotiation skills, market research abilities, and the ability to procure quality products at competitive prices while maintaining strong vendor relationships.

Roles & Responsibilities

Identify and source new suppliers, vendors, and manufacturers based on company requirements.

Conduct market research to identify potential suppliers and compare product prices.

Obtain quotations from multiple vendors and negotiate pricing, payment terms, and delivery timelines.

Evaluate vendors based on product quality, pricing, reliability, and service.

Coordinate with the Purchase, Inventory, and Accounts teams for procurement requirements.

Maintain and update vendor databases, quotation records, and purchase details.

Track purchase orders and ensure timely delivery of materials.

Develop and maintain long-term relationships with suppliers and manufacturers.

Identify cost-saving opportunities without compromising product quality.

Follow up with vendors regarding pending orders, delays, and product quality issues.

Explore new products and suppliers based on business requirements.

Prepare regular reports on sourcing activities, vendor performance, and cost comparisons.

Required Skills

Strong negotiation and communication skills.

Vendor management and supplier development.

Market research and product sourcing.

Knowledge of procurement and purchasing processes.

Good knowledge of MS Excel and Google Sheets.

Ability to compare quotations and analyse pricing.

Problem-solving and coordination skills.

Attention to detail and time management.

Eligibility & Experience

Qualification
Any Graduate.
Experience
1–3 years in Sourcing, Purchase, Procurement, or Vendor Management.

Experience in retail, sports goods, or product sourcing will be an added advantage.

Freshers with strong communication and negotiation skills may also apply.

Key Performance Indicators (KPIs)

Cost savings through effective negotiation.

Identification of new and reliable vendors.

Timely procurement and delivery.

Product quality and vendor reliability.

Vendor relationship management.

Reduction in procurement costs.

Pay
From ₹25,000.00 per month

Benefits

Cell phone reimbursement

Health insurance

Paid sick time

Work Location
In person

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