Description
The Product Sourcing Executive will be responsible for identifying, evaluating, and sourcing innovative Home, Kitchen, Lifestyle, and Household products that align with the company's quality, pricing, and commercial objectives. The ideal candidate should have strong experience in product research, vendor sourcing, supplier negotiations, and market analysis. This role requires frequent interaction with manufacturers, distributors, and suppliers, along with regular travel to exhibitions, trade fairs, factories, and wholesale markets to discover new products and sourcing opportunities.
Responsibilities
- Research and identify new and trending products through online marketplaces, international websites, social media, exhibitions, and wholesale markets.
- Track consumer trends across Home, Kitchen, Dining, Storage, Cleaning, Organization, Lifestyle, and Household product categories.
- Conduct competitor analysis and identify opportunities to expand the company's product portfolio.
- Source and onboard manufacturers, importers, distributors, wholesalers, and new suppliers.
- Build and maintain strong vendor relationships to support long-term business growth.
- Negotiate pricing, payment terms, Minimum Order Quantities (MOQ), delivery schedules, and commercial agreements.
- Coordinate product samples, quotations, catalogs, certifications, and supplier documentation.
- Evaluate products based on quality, innovation, functionality, packaging, pricing, and commercial viability.
- Prepare product comparison reports and sourcing recommendations.
- Visit trade fairs, exhibitions, factories, vendor offices, and manufacturing hubs across India for product sourcing.
- Stay updated on market trends, regional manufacturing clusters, and emerging sourcing opportunities.
- Collaborate with Buying, Merchandising, Marketing, and E-commerce teams to support new product launches.
- Maintain accurate sourcing records, product specifications, supplier databases, and pricing information.
Skills and Qualifications
- Bachelor's degree in Business Administration, Commerce, Marketing, Supply Chain Management, or a related field.
- 2–5 years of experience in Product Sourcing, Procurement, Buying, Merchandising, Vendor Development, or Category Management.
- Experience in Home & Kitchen, Housewares, Lifestyle, Consumer Goods, Retail, or FMCG industries is preferred.
- Strong product research, market analysis, and trend forecasting skills.
- Excellent negotiation, communication, and vendor relationship management abilities.
- Good understanding of retail merchandising and consumer buying behaviour.
- Strong commercial and analytical mindset with attention to detail.
- Proficiency in Microsoft Excel, Google Sheets, and Microsoft Office.
- Familiarity with sourcing platforms such as Amazon, Flipkart, Alibaba, and IndiaMART is preferred.
- Willingness to travel extensively for supplier meetings, exhibitions, and product sourcing activities.
- Self-motivated, proactive, organized, and capable of working independently in a fast-paced environment.
Preferred Candidate Profile
- Passionate about discovering innovative products and emerging market trends.
- Confident in negotiating with suppliers and building long-term partnerships.
- Constantly explores Amazon, Instagram, Pinterest, international brands, and retail trends for new product ideas.
- Strong commercial awareness with the ability to identify products that meet customer demand.
- Takes ownership, works independently, and contributes to the successful launch of new product categories.
Education
Master OF Business Administration (M.B.A), Bachelor of Business Administration (B.B.A), PGDM
Skills Required
Microsoft Excel, Market Research, Product Research, supplier negotiation , product discovery , Buying, google sheets , Retail, Fmcg, Category Management, Supplier Management, Competitor Analysis, Trend Analysis, Flipkart, Consumer Goods, Product Evaluation, product sourcing, Strategic Sourcing, Merchandising, Procurement, Vendor Management, Amazon, Vendor Development
