Shruti Gadekar

Senior Buyer and Sourcing @The Souled Store

Mumbai, IN

Supplier Identification and Evaluation: Research and identify potential suppliers. Evaluate suppliers based on criteria such as quality, cost, reliability, and capacity.2. Negotiation and Contract Management: Negotiate terms and conditions with suppliers. Draft and manage contracts to ensure compliance with company policies and legal requirements.3. Purchase Order Management: Place and manage purchase orders for goods and services. Ensure timely delivery of materials and manage any delays or issues with orders.4. Inventory Management: Monitor inventory levels to ensure adequate supply while minimizing excess stock. Coordinate with warehouse and logistics teams to manage stock levels and reorder points.5. Cost Management: Track and report on purchasing expenditures. Identify cost-saving opportunities and work on initiatives to reduce procurement costs.6. Supplier Interaction: Communicate with suppliers to clarify order details, resolve discrepancies, and ensure quality standards are met. Conduct regular follow-ups to ensure supplier adherence to delivery schedules and specifications.7. Documentation and Reporting: Maintain accurate records of purchases, pricing, and supplier performance. Prepare reports on purchasing activities, supplier performance, and cost analysis.8. Market Research: Stay informed about market trends, new products, and potential suppliers. Evaluate alternative products and suppliers to ensure the best value for the company.

Shreemati Nathibai Damodar Thackersey Women's University

Fashion/Apparel Design

NATIONAL INSTITUTE OF FASHION TECHNOLOGY, MUMBAI

Postgraduate Degree, Fashion Marketing and Business Management

School of Fashion Technology

Bachelors of Design, Fashion/Apparel Design