Strategic Sourcing & Vendor Development Manager – Furniture

furniture

Strategic Sourcing & Vendor Development Manager – Furniture

PeopleX Ventures

Company

Home

Strategic Sourcing & Vendor Development Manager – Furniture

at furniture

Agency job

via PeopleX Ventures

6 - 10 yrs

₹5L - ₹6L / yr

Bengaluru (Bangalore)

Skills

Real Estate

Role Objective

Build and manage a reliable, scalable, and cost-efficient supplier ecosystem for customised and premium furniture, while ensuring consistent quality, lead-time adherence, and strong commercial competitiveness across categories.

Key Responsibilities

Identify, evaluate, and onboard OEM partners across furniture categories including Sofas, Beds, Dining, Storage, and Accent Furniture.
Build a diversified and balanced supplier portfolio to reduce concentration risk while maintaining quality and delivery consistency.
Develop long-term strategic partnerships with key vendors, including exclusivity arrangements where relevant.
Drive supplier capability development across quality, finishing standards, compliance, and scalability.
Own end-to-end costing, pricing, and commercial negotiations with vendors.
Deliver cost optimisation through material optimisation, process improvements, volume leverage, and alternate sourcing.
Lead annual rate negotiations, cost resets, and contract renewals.
Work closely with Category, Design, and Product teams to enable New Product Development (NPD).
Ensure sourcing feasibility for design-led, customised, and make-to-order products.
Define, implement, and enforce supplier SLAs covering quality standards, lead times, and responsiveness.
Collaborate with Vendor Managers and QC teams to ensure On-Time In-Full (OTIF) delivery performance.
Review vendor performance regularly and drive corrective actions and improvement plans.
Identify and mitigate sourcing risks related to capacity constraints, supplier dependency, and raw material volatility.
Partner with Finance on contracts, payment terms, and commercial governance.

Success Metrics (KPIs)

Cost savings and margin improvement (CM1 / Gross Margin)
Supplier OTIF and lead-time adherence
Quality acceptance rate and defect reduction
Reduction in supplier concentration and dependency risk
New supplier onboarding, capability building, and scalability metrics

Ideal Profile

6–10 years of experience in furniture sourcing, manufacturing, or category operations.
Strong understanding of furniture materials, production processes, and finishing standards.
Proven expertise in vendor negotiations, cost management, and supplier development.
Experience in customised or make-to-order manufacturing environments preferred.
Strong stakeholder management skills with a hands-on execution mindset.

What We Offer

High-impact role influencing margins, supply reliability, and product quality
Opportunity to build and scale a strategic supplier ecosystem
Cross-functional exposure across sourcing, design, manufacturing, and finance

Role Objective

Key Responsibilities

Identify, evaluate, and onboard OEM partners across furniture categories including Sofas, Beds, Dining, Storage, and Accent Furniture.
Build a diversified and balanced supplier portfolio to reduce concentration risk while maintaining quality and delivery consistency.
Develop long-term strategic partnerships with key vendors, including exclusivity arrangements where relevant.
Drive supplier capability development across quality, finishing standards, compliance, and scalability.
Own end-to-end costing, pricing, and commercial negotiations with vendors.
Deliver cost optimisation through material optimisation, process improvements, volume leverage, and alternate sourcing.
Lead annual rate negotiations, cost resets, and contract renewals.
Work closely with Category, Design, and Product teams to enable New Product Development (NPD).
Ensure sourcing feasibility for design-led, customised, and make-to-order products.
Define, implement, and enforce supplier SLAs covering quality standards, lead times, and responsiveness.
Collaborate with Vendor Managers and QC teams to ensure On-Time In-Full (OTIF) delivery performance.
Review vendor performance regularly and drive corrective actions and improvement plans.
Identify and mitigate sourcing risks related to capacity constraints, supplier dependency, and raw material volatility.
Partner with Finance on contracts, payment terms, and commercial governance.

Success Metrics (KPIs)

Cost savings and margin improvement (CM1 / Gross Margin)
Supplier OTIF and lead-time adherence
Quality acceptance rate and defect reduction
Reduction in supplier concentration and dependency risk
New supplier onboarding, capability building, and scalability metrics

Ideal Profile

6–10 years of experience in furniture sourcing, manufacturing, or category operations.
Strong understanding of furniture materials, production processes, and finishing standards.
Proven expertise in vendor negotiations, cost management, and supplier development.
Experience in customised or make-to-order manufacturing environments preferred.
Strong stakeholder management skills with a hands-on execution mindset.

What We Offer

High-impact role influencing margins, supply reliability, and product quality
Opportunity to build and scale a strategic supplier ecosystem
Cross-functional exposure across sourcing, design, manufacturing, and finance

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We are seeking a highly organized and detail-oriented HR Business Partner & Payroll Specialist to join our dynamic team. This dual role is critical in aligning HR practices with business objectives while ensuring accurate and timely payroll processing. The ideal candidate will be a proactive and strategic thinker with strong interpersonal skills, a thorough understanding of HR principles, and expertise in payroll administration. This role requires a self-starter who can manage multiple priorities, build strong relationships with employees and stakeholders, and maintain the highest level of confidentiality.

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HR Business Partnering:

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● Bachelor's degree in Human Resources, Business Administration, or a related field. A Master's degree in HR is a plus.

● 3+ years of progressive HR experience, with a significant portion in HR Business Partnering and payroll administration.

● Strong understanding of HR principles, practices, and employment laws.

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● Excellent analytical and problem-solving skills with a strong attention to detail and accuracy.

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