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Telephone: +91-83339-09630
Price range: Free

Sourcing Executive (Off Role) shree balaji industries

2.0 - 6.0 years

0 Lacs

hosur, tamil nadu

On-site

The Procurement Executive, also known as the Sourcing Executive, plays a crucial role in developing procurement strategies by closely monitoring inventory movement and determining optimal inventory levels of products. As a Procurement Executive, you will be responsible for managing budgets, analyzing procurement data, assisting in supplier selection and negotiations, and building strong ongoing relationships with vendors. Your role will also involve negotiating costs and terms, as well as implementing effective risk management strategies. Collaboration with trustworthy partners and suppliers is essential in this role, along with determining the quantity and timing of deliveries. You will be expected to create detailed sourcing reports and documentation, showcasing your strong negotiation and contract management skills. The scope of the sourcing executive's responsibilities may vary depending on the organization's size and the nature of goods procured, but generally, you will oversee the entire sourcing, buying, and contracting process. To excel in this role, you must possess excellent planning and organizational skills, along with a knack for negotiation, data analysis, and problem-solving. By focusing on cost reduction through competitive vendor selection, negotiation of favorable terms, and leveraging volume quantity discounts, you can contribute to lowering the overall cost of goods and services for the organization. Additionally, your ability to mitigate risks associated with vendors" performance, such as financial stability, delivery timelines, and quality, will ensure that the organization makes informed and risk-free decisions. Moreover, your proficiency in using data-driven analytics will enable you to streamline decision-making processes, leading to significant time and cost savings for the organization. This role offers the opportunity to work full-time with benefits such as provided food, health insurance, and Provident Fund. The work schedule is during the day, and performance and yearly bonuses are also part of the compensation package. Ideally, you should have a minimum of 2 years of relevant work experience for this position. The job location is in Hosur, Tamil Nadu, and the work arrangement is remote.,

Posted 1 month ago

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Sourcing Executive shree balaji industries

2.0 - 6.0 years

0 Lacs

hosur, tamil nadu

On-site

The Procurement Executive, also known as the Sourcing Executive, plays a crucial role in developing procurement strategies by monitoring inventory movement and determining inventory levels of products. This includes managing budgets, analyzing procurement data, assisting in supplier selection and negotiations, building ongoing vendor relationships, negotiating costs and terms, and implementing risk management practices. The scope of the sourcing executive role may vary depending on the organization's size and the goods it procures, but generally involves overseeing the complete sourcing, buying, and contracting process. Researching and evaluating potential vendors is a key responsibility of a sourcing executive to ensure the selection of trustworthy partners and suppliers. To excel in this role, one must possess excellent planning and organizational skills, along with strong negotiation, data analysis, and problem-solving abilities. By utilizing competitive vendor selection, negotiating favorable terms, and leveraging volume quantity discounts, a sourcing executive can contribute to cost reduction efforts within the organization. Moreover, a sourcing executive plays a vital role in risk mitigation by assessing potential risks associated with vendor performance, such as financial stability, delivery timelines, and product quality. This proactive approach helps in making informed, risk-free decisions that benefit the organization in the long run. Additionally, through data-driven analytics, a sourcing executive can streamline decision-making processes, saving both time and money for the organization. This is a full-time job opportunity located in Hosur, Tamil Nadu, with a remote work option available. The position offers benefits such as food provisions, health insurance, and Provident Fund. The work schedule is during the day shift, and performance bonuses as well as yearly bonuses are provided. The ideal candidate should have a total of 2 years of work experience in a relevant field to be considered for this role.,

Posted 1 month ago

Apply

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