Manager - Vendor Development

Manager – Vendor Development

Company: Dot Workplace Solutions Pvt. Ltd.
Location: Jigani, Bangalore, Karnataka
Department: Purchase / Procurement
Designation: Manager – Vendor Development
Industry: Customized Furniture Manufacturing
Experience: 8+ Years

Job Summary

We are looking for an experienced and result-oriented Manager – Vendor Development to manage vendor sourcing, development, and procurement activities for our customized furniture manufacturing business. The ideal candidate should have a strong network of 100+ vendors and suppliers, excellent commercial negotiation skills, and the ability to develop long-term vendor relationships while ensuring competitive pricing, quality materials, and timely delivery.

Key Responsibilities

1. Vendor Development & Management

• Identify, evaluate, and develop new vendors for raw materials, components, hardware, and other furniture manufacturing requirements.
• Maintain and expand a strong vendor database with a network of 100+ established vendors.
• Build and maintain long-term relationships with existing and new suppliers.
• Conduct vendor assessments based on quality, pricing, delivery performance, reliability, and production capacity.
• Develop alternative vendor sources to ensure uninterrupted material availability.

2. Commercial Negotiations & Cost Optimization

• Negotiate competitive prices, payment terms, credit periods, and delivery conditions with vendors.
• Obtain quotations, compare commercial offers, and finalize vendors based on cost, quality, and service.
• Drive cost-saving initiatives through strategic sourcing, bulk purchasing, and effective negotiations.
• Monitor market prices and identify opportunities to reduce procurement costs.
• Finalize commercial terms in coordination with the Purchase, Finance, and Management teams.

3. Furniture Industry Procurement

• Develop vendors for customized furniture manufacturing materials, including:
• Plywood, MDF, particle board, and laminates.
• Solid wood, veneers, and decorative materials.
• Furniture hardware, fittings, hinges, channels, and handles.
• Metal components, fabrication materials, and accessories.
• Upholstery, fabrics, foam, and other furniture-related materials.
• Other customized furniture components and production consumables.
• Understand project-specific requirements and identify suitable suppliers for customized products.
• Coordinate with Design, Production, Projects, Quality, and Stores teams to ensure material availability as per requirements.

4. Vendor Performance & Compliance

• Monitor vendor performance regarding quality, lead time, pricing, and delivery commitments.
• Establish and maintain vendor evaluation and rating systems.
• Resolve supplier-related issues, including quality deviations, delays, and commercial disputes.
• Ensure vendors comply with company quality standards, documentation requirements, and applicable policies.
• Maintain updated vendor records, price lists, quotations, and commercial agreements.

5. Team Coordination & Reporting

• Coordinate with internal departments to plan procurement activities and material requirements.
• Track purchase orders, pending deliveries, and vendor commitments.
• Prepare reports on vendor development, cost savings, procurement performance, and supplier evaluation.
• Support management in strategic sourcing decisions and long-term procurement planning.

Required Qualifications & Skills

• Bachelor's degree or Diploma in Mechanical Engineering, Industrial Engineering, Supply Chain Management, Business Administration, or a related field.
• Minimum 8+ years of experience in vendor development, strategic sourcing, purchase, or procurement.
• Experience in furniture manufacturing, interior fit-outs, modular furniture, or a related manufacturing industry is preferred.
• Strong existing vendor network, preferably with 100+ established vendor contacts relevant to furniture manufacturing.
• Excellent commercial negotiation, cost analysis, and supplier management skills.
• Good understanding of furniture raw materials, hardware, components, and manufacturing processes.
• Strong communication, relationship management, analytical, and problem-solving skills.
• Proficiency in MS Excel, vendor databases, and ERP or procurement systems.

Key Performance Indicators (KPIs)

• Number of qualified vendors developed and activated.
• Cost savings achieved through commercial negotiations.
• Improvement in vendor pricing and payment terms.
• On-time material delivery performance.
• Reduction in material quality issues and procurement delays.
• Vendor availability and sourcing alternatives for critical materials.
• Strength of vendor relationships and supplier performance.

Pay: From ₹45,000.00 per month

Benefits:

• Food provided
• Health insurance
• Life insurance
• Provident Fund

Work Location: In person