Senior Manager - Sourcing & Vendor Development

24x7 Corporate Solutions; Chennai District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

24x7 Corporate Solutions is seeking an experienced procurement professional to build a robust supplier ecosystem across India and international markets. The role focuses on sourcing finished products, raw materials, and packaging while managing imports and cost optimization.

Ideal candidates will have exposure to consumer products, international sourcing, and supplier development, driving cost efficiency and ensuring timely availability of materials for production.

Responsibilities

• Lead end-to-end sourcing of finished products, raw materials, packaging materials, components and other direct materials.
• Identify and evaluate new domestic and international suppliers based on quality, cost, capability, capacity and reliability.
• Coordinate with freight forwarders, customs brokers, finance and logistics teams to ensure smooth import execution.
• Understand and manage freight, duties, landed cost, payment terms, lead times and import documentation.
• Work closely with Production,Product Development, R&D, Marketing, Quality and Design teams to source new products and components.
• Evaluate product specifications, MOQ, tooling/mould costs, packaging requirements, lead times and production capabilities.
• Sourcing and procurement of key raw materials based on business requirements and production plans.
• Establish supplier performance metrics covering quality, cost, delivery, responsiveness and compliance.

Job description

Role & responsibilities

The role will be responsible for developing a robust supplier ecosystem, identifying new sourcing opportunities across India and international markets, managing imports, negotiating competitive commercials, ensuring quality and timely availability, and driving continuous cost optimization.

The ideal candidate should have strong exposure to consumer products, international sourcing, imports, raw material procurement, supplier development and new product sourcing.

• Lead end-to-end sourcing of finished products, raw materials, packaging materials, components and other direct materials.
• Identify and evaluate new domestic and international suppliers based on quality, cost, capability, capacity and reliability.
• Coordinate with freight forwarders, customs brokers, finance and logistics teams to ensure smooth import execution.
• Understand and manage freight, duties, landed cost, payment terms, lead times and import documentation
• Work closely with Production,Product Development, R&D, Marketing, Quality and Design teams to source new products and components
• Evaluate product specifications, MOQ, tooling/mould costs, packaging requirements, lead times and production capabilities
• Sourcing and procurement of key raw materials based on business requirements and production plans
• Establish supplier performance metrics covering quality, cost, delivery, responsiveness and compliance