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1 LetX Job
Sourcing Senior Executive
LetX
posted 18d ago
Job Role Insights
Key skills for the job
Job Description
- Manage the end-to-end procurement cycle for vFulfill sourcing, ensuring timely and cost-effective sourcing of products.
- Identify, evaluate, and onboard suppliers based on quality, cost efficiency, reliability, and compliance with company standards.
- Develop and maintain strong vendor relationships , including contract negotiations, performance monitoring, and long-term partnerships.
- Source both domestic and international suppliers while ensuring compliance with regulatory and company policies.
- Negotiate pricing, terms, and agreements with vendors/suppliers to secure optimal cost and service levels.
- Coordinate closely with cross-functional teams (Finance, Logistics, Tech) to streamline procurement, invoice processing, and vendor payments.
- Monitor and optimize procurement strategies to align with business goals, cost savings, and supplier performance.
- Ensure timely order placement and tracking , overseeing procurement for open sourcing, bulk orders, and specialized product requirements.
- Verify and reconcile vendor invoices against purchase orders (POs), delivery challans, and contractual terms.
- Stay updated on market trends and supplier capabilities to ensure competitive sourcing strategies and business growth.
Requirements Qualifications:
- Education: Bachelor\u2019s degree in Business, Supply Chain Management, Operations, or a related field. (Preferred but not mandatory)
Skills/Requirements:
- Proven experience in procurement, sourcing, or supply chain management , preferably in a B2B or eCommerce environment.
- Strong negotiation skills to secure competitive pricing and favorable vendor terms.
- Excellent communication and relationship management skills to handle vendor partnerships effectively.
- Ability to manage and coordinate multiple vendor relationships while ensuring smooth procurement operations.
- Proficiency in procurement software and tools (e.g., SAP, Zoho Inventory, or similar platforms).
- Strong analytical skills for evaluating supplier performance, pricing trends, and cost optimization.
- Attention to detail and problem-solving abilities to handle procurement challenges efficiently.
- Knowledge of international and domestic supplier networks , particularly in India and China, is a plus.
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Employment Type: Full Time, Permanent
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