Job Description

Full job description

Job Title:

New Vendor Development (NVD) Executive

Department:

Procurement

Location:

MIE Part A, Bahadurgarh

Employment Type:

Full-Time

Reports To:

Procurement Head

Experience:

2+ Years in Vendor Development, preferably in manufacturing

Salary:

As per industry standards / Based on experience

Job Overview:

We are looking for a results-driven and detail-oriented New Vendor Development Executive who will be responsible for identifying, evaluating, onboarding, and managing new vendors to support our procurement operations. The ideal candidate will have experience in sourcing suppliers, conducting market analysis, cost negotiation, and ensuring vendor compliance aligned with the company's quality and operational standards.

Key Responsibilities:

Identify potential vendors and develop sourcing strategies in alignment with project and procurement goals. Evaluate vendor capabilities through market research, factory/site visits, and product sampling. Negotiate terms, pricing, delivery, and payment conditions with new vendors. Manage vendor onboarding process and ensure documentation and compliance with company procurement policies. Collaborate with internal teams (Quality, SCM, Projects) to finalize vendor selection based on cost, quality, delivery, and reliability. Maintain and update the Approved Vendor List (AVL) and ensure vendor performance evaluations are regularly conducted. Monitor supplier development timelines and resolve any bottlenecks or delivery issues. Develop long-term relationships with strategic suppliers and nurture innovation. Coordinate with the procurement team to align NVD efforts with current and future project requirements. Ensure ethical and transparent vendor practices in line with company and industry regulations.

Requirements:

Bachelor's/Master's Degree in Supply Chain Management, Business Administration, Engineering, or related field. Proven experience in new vendor development and procurement. Strong negotiation, communication, and vendor relationship management skills. Sound knowledge of procurement compliance and quality standards. Proficiency in Excel, ERP systems, and MIS reporting. Ability to work independently and manage multiple vendor pipelines across different categories. Willingness to travel for vendor visits and audits.
Job Type: Full-time

Pay: Up to ?20,000.00 per month

Job Type: Full-time

Pay: ₹17,000.00 - ₹20,000.00 per month

Schedule:

Morning shift
Expected Start Date: 01/07/2025