Job Description
We are seeking a Senior Executive - Purchase to join our procurement team and elevate sourcing strategy within the dynamic world of luxury furniture.
Job Responsibilities:
- Identify, evaluate, and develop reliable domestic and international suppliers for wood, veneers, fabrics, leather, hardware, stone, metals, and upholstery materials
- Conduct vendor audits, negotiate pricing, payment terms, and MOQs to achieve best commercial outcomes
- Build long-term relationships with premium vendors, artisans, and global mills aligned with luxury positioning
- Raise POs, track deliveries, and ensure OTIF - On Time In Full - supply to production and retail teams
- Monitor inventory levels in coordination with PPC & Stores to prevent stock-outs or overstocking
- Drive cost-saving initiatives through value engineering, alternate sourcing, and consolidation without affecting quality
- Coordinate with QC and Product Development to ensure all incoming materials meet Stanley’s aesthetic and durability benchmarks
- Ensure compliance with FSC, REACH, CARB, and other sustainability/regulatory norms for imported materials
- Manage documentation for imports, customs, and vendor certification
- Track commodity price trends, forex impact, and global supply chain risks for key materials
- Prepare MIS reports on purchase cost, vendor performance, savings achieved, and lead time analysis
- Support new product launches by sourcing unique materials within design and budget constraints
Requirements:
- Education: BE or Any Graduate or Postgraduate
- Experience: minimum 5-6 years of experience in factory purchase, with proven track record of driving strategic initiatives.
- Excellent leadership, communication, and negotiation skills.
- Ability to drive change and innovation in supply chain operations.
What We Offer:
- Competitive Salary: A competitive salary and benefits package
- Opportunities for Growth: Opportunities for career advancement and professional growth
- Dynamic Work Environment: A dynamic and supportive work environment
Work Location: Electronic city – Manufacturing plant
Working days: Mon -Fri
Working time: 8.30 am -6.45pm
If you're a motivated and professional looking for a new challenge, can drop the CV to [email protected]
