5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Operations professional, you will be responsible for executing procurement strategies aligned with organizational objectives. This includes managing the end-to-end procurement process, from sourcing to contracting and purchasing. Your role will involve conducting market analysis, negotiating contracts, and maintaining accurate records of procurement activities and contracts. Key Responsibilities: - Develop and maintain effective relationships with vendors and suppliers - Evaluate vendor performance based on quality, cost, reliability, and adherence to delivery schedules - Ensure timely renewal and management of vendor agreements In terms of Compliance and Controls, you will need to ensure strict adherence to organizational procurement policies, procedures, and regulatory requirements. It will be crucial to maintain transparency in procurement processes and documentation for audit compliance, as well as assist in internal and external audits related to procurement activities. Cost Management will also be a significant aspect of your role, where you will monitor procurement budgets, track spending, identify cost-saving initiatives, and implement efficiency improvements in procurement processes. Reporting and MIS will involve preparing periodic procurement reports, highlighting spending patterns, vendor performance, and budget variances. You will be required to provide analytical insights to management for strategic decision-making. Cross-functional Coordination is essential, as you will collaborate closely with finance, operations, and administrative departments to fulfill procurement requirements efficiently. Prompt resolution of procurement-related issues will be necessary to avoid operational disruptions. Technical Knowledge: - Solid understanding of procurement processes, contract management, and vendor evaluation - Knowledge of commercial terms, negotiation tactics, and compliance standards - Familiarity with ERP systems and procurement software Behavioral Competencies: - Excellent negotiation and relationship management skills - Strong analytical and organizational abilities - Proactive communicator with effective interpersonal skills - Capable of working independently and within a team environment Qualifications: - Post Graduate Degree in Commerce, Supply Chain Management, or related field - Professional certifications in Procurement or Supply Chain Management preferred Experience: - Minimum 5-7 years of relevant experience in procurement, vendor management, contract management, and negotiation - Prior experience in the Education or similar service industry preferred,

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