1. Vendor Sourcing & Management
Identify and onboard new vendors for gifting products, packaging materials, printing, branding, and customization.
Maintain strong relationships with existing suppliers.
Conduct vendor evaluation based on quality, pricing, and delivery timelines.
Negotiate pricing, credit terms, and contracts.
2. Procurement Operations
Raise Purchase Orders (POs) as per approved requirements.
Ensure timely procurement of:
Corporate gift items (diaries, hampers, electronics, etc.)
Customized merchandise
Packaging materials (boxes, ribbons, fillers, labels)
Branding materials (printing, engraving, embroidery, etc.)
Track order status and follow up for timely delivery.
3. Cost Control & Budgeting
Compare quotations and prepare comparative statements.
Achieve cost reduction through effective negotiation.
Monitor market price trends of gifting materials.
4. Quality & Compliance
Ensure purchased materials meet required quality standards.
Coordinate with QC/Production team for inspections.
Handle replacement/return in case of defects.
5. Inventory Coordination
Coordinate with warehouse for stock levels.
Maintain optimum inventory levels to avoid stock-outs or overstocking.
Maintain proper documentation of GRN, invoices, and PO records.
6. Coordination & Reporting
Work closely with Sales, Production, and Design teams for requirement planning.
Prepare procurement reports and MIS.
Maintain vendor database and performance records.
Key Requirements