Assist with the procurement process, including sourcing suppliers, obtaining price quotations, and negotiating terms and agreements to secure competitive pricing and favorable terms
Collaborate with internal stakeholders, including department heads, project managers, and budget owners, to understand procurement requirements and priorities
Review purchase requisitions, purchase orders, and contracts for accuracy, completeness, and compliance with company policies and procurement guidelines
Maintain vendor relationships, communicate effectively with suppliers, and address inquiries, issues, and concerns related to product quality, delivery schedules, and pricing discrepancies
Monitor inventory levels, track purchase orders, and update inventory records to ensure adequate stock levels, minimize stockouts, and optimize inventory turnover rates
Coordinate with logistics and warehouse teams to arrange for timely delivery, receipt, and inspection of purchased goods, ensuring adherence to delivery schedules and quality standards
Evaluate supplier performance, conduct supplier audits, and assess vendor capabilities to identify opportunities for improvement, cost savings, and strategic partnerships
Assist in the implementation of procurement policies, procedures, and best practices to streamline purchasing processes, enhance transparency, and mitigate procurement risks
Generate reports, analyze procurement data, and provide insights and recommendations to management on purchasing trends, supplier performance metrics, and cost-saving opportunities

Disclaimer: This job description has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.

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Associate - Purchase