The Procurement Specialist for Corporate Gifting is responsible for sourcing, negotiating, and managing supplier relationships to ensure the timely and cost-effective procurement of corporate gifts. This role requires strong vendor management, negotiation skills, and market research abilities to deliver high-quality gifting solutions that align with corporate branding and client expectations.

• 1. Procurement & Vendor Management:Identify, evaluate, and onboard reliable suppliers and manufacturers for corporate gifting products.
• Negotiate contracts, pricing, and payment terms to ensure cost-effectiveness without compromising quality.
• Maintain strong supplier relationships to secure competitive pricing, priority service, and exclusive products.
• Monitor supplier performance and resolve any issues related to product quality, delivery, or pricing.
• 2. Product Sourcing & Development:Stay updated on corporate gifting trends, innovative products, and market demands.
• Source high-quality and customizable gift items, including promotional products, tech gadgets, eco-friendly gifts, luxury items, and bespoke corporate hampers.
• Work closely with designers and suppliers to develop unique, custom-branded gifting solutions.
• 3. Cost & Inventory Management:Analyze costs and optimize procurement strategies to maintain budget efficiency.
• Maintain an inventory of standard and frequently requested gift items.
• Forecast demand based on seasonal trends, corporate events, and client preferences.
• 4. Quality Control & Compliance:Ensure all sourced products meet company and client quality standards.
• Conduct quality checks and approve samples before bulk production.
• Ensure compliance with company policies, legal requirements, and ethical sourcing practices.
• 5. Coordination with Internal Teams:Work closely with the sales and client servicing teams to understand corporate gifting requirements.
• Collaborate with designers and branding teams to customize products as per client needs.
• Assist in creating proposals and presentations for corporate clients with procurement insights.

• Skills & Qualifications:Required Skills:Strong negotiation and vendor management skills.
• Market research and trend analysis in corporate gifting.
• Budgeting and cost optimization.
• Attention to detail in quality control and compliance.
• Excellent communication and coordination abilities.
• Ability to multitask and manage multiple projects simultaneously.
• Preferred Qualifications:Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• 3+ years of experience in procurement, preferably in corporate gifting or promotional products.
• Proficiency in procurement software and inventory management tools.
• Experience in handling customization and branding of promotional items.