Role Summary:
The Procurement Executive will be responsible for end-to-end procurement, sourcing, inventory planning, and vendor management for Iron Asylum Private Limited. The role will manage procurement of sports nutrition raw materials, packaging materials, finished goods, and general company requirements while ensuring optimum inventory levels, competitive pricing, and uninterrupted supply to support business operations.
Key Responsibilities:
- Manage procurement of Sports Nutrition Raw Materials, Packaging Materials (jars, labels, cartons, scoops, pouches, sippers, etc.), and general company requirements.
- Forecast material requirements based on sales projections, inventory levels, and production plans.
- Conduct market analysis, rate benchmarking, and vendor comparisons to ensure competitive sourcing.
- Source new vendors and maintain alternate supplier options.
- Negotiate commercial terms including pricing, payment terms, lead times, MOQs, and supply agreements.
- Coordinate with manufacturers and vendors to ensure timely availability of Raw Materials, Packaging Materials, and Finished Goods. Perform regular follow-ups with suppliers and contract manufacturers to ensure on-time deliveries.
- Monitor inventory levels and proactively identify replenishment requirements. Track slow-moving, excess, and obsolete inventory and recommend corrective actions. Raise Purchase Orders and maintain complete procurement documentation.
- Prepare weekly and monthly MIS reports and procurement dashboards. Drive cost-saving initiatives through vendor development, alternate sourcing, and packaging optimization.
- Required Skills Strong negotiation and vendor management skills.
- Preferred Qualifications Bachelor’s Degree in Commerce, Business Administration, Supply Chain, Engineering, or related field. 2–5 years of procurement, sourcing, or supply chain experience.
Experience in Sports Nutrition, Nutraceutical, FMCG, Food, or Pharma industries preferred.
You can call 9606990542
Pay: ₹30,000.00 - ₹45,000.00 per month
Benefits:
- Cell phone reimbursement
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
