Velmenni - Procurement and Inventory Executive

Position: Procurement & Inventory Executive

Experience Required: 3+ Years

Location: Delhi

Company: Velmenni

About Us
Velmenni, a modern leader in high-speed wireless data transmission and internet access
solutions, continues to disrupt the Li-Fi industry by leveraging the visible light spectrum for
high-speed data communication.
We are looking for a detail-oriented Procurement & Inventory Executive with 3-5 years of
experience to manage the end-to-end sourcing, purchasing, and inventory control of electronic
components, raw materials, and consumables essential for our R&D and production teams. In
this role, you will be a key enabler of our supply chain, ensuring optimal stock levels, cost
efficiency, and timely availability of components for ongoing projects.
The ideal candidate is proactive, highly organized, and possesses deep expertise in vendor
negotiation, ERP systems, and inventory optimization in a fast-paced hardware/technology
environment.
Key Responsibilities
1. Vendor Negotiation & Sourcing - Engage with multiple vendors to source high-quality
materials at competitive prices.
2. Order Management - Place purchase orders using online platforms and procurement
software efficiently.
3. Stores & Receipt Management - Oversee material receipt, inspection, and store
organization.
4. Inventory Tracking - Maintain real-time visibility of stock levels-track what is available,
consumed, and needs replenishment.
5. Consumption Analysis & Reordering - Monitor material consumption patterns and plan
timely reorders to avoid stock outs or overstocking.
6. Cross-Functional Coordination - Address timely material demands from Engineering,
Testing, and Customer Support teams to ensure smooth operations.

What We Are Looking For
1. Smart & Practical Problem-Solver - Able to handle multiple tasks in a dynamic
environment.
2. Strong Negotiation & Communication Skills - Comfortable engaging with vendors and
internal stakeholders.
3. Tech-Savvy - Proficient with computers, apps, online tools, MS Office, and ERP
solutions.
4. Organized Mindset - Can bring structure to chaos and maintain systematic workflows.

5. Growth-Oriented - Willing to learn, adapt, and take on responsibilities beyond the
defined role.
Relevant Experience (Preferred)
1. 3+ years of experience in procurement, store management, or inventory handling.
2. Prior experience working with vendors or suppliers.
3. Background in a manufacturing, warehouse, or operations setup.
4. Good to have - Prior knowledge of electrical and mechanical components.
5. Fresher welcome - Candidates with strong practical understanding of vendor
management and willingness to work in a demanding startup environment may also
apply.
Why This Role Matters
When executed well, this role ensures the company runs without friction-materials arrive on
time, costs remain under control, and customer satisfaction stays high.
If you thrive on startup hustle and want unlimited learning opportunities across different
business verticals, this role is your ideal starting point.