Executive/ Manager- Procurement

Procurement Manager/ Executive

Key Responsibilities:

• Procurement Strategy Development:

  Develop and execute procurement strategies aligned with the company's goals and objectives. Identify cost-effective suppliers and negotiate long-term contracts for key materials and services.

• Vendor Management:

  Build and maintain strong relationships with suppliers, negotiating favorable terms and resolving issues promptly. Monitor supplier performance and manage supplier risk.

• Sourcing & Purchasing:

  Oversee sourcing activities, including the identification, selection, and evaluation of suppliers. Manage the end-to-end procurement process to ensure timely and cost-effective delivery of goods and services.

• Budget & Cost Control:

  Manage procurement budgets, monitor spending, and implement cost-saving initiatives while ensuring the quality and quantity of materials and services are met.

• Inventory Management:

  Coordinate with inventory teams to maintain optimal stock levels and avoid supply chain disruptions.

• Compliance & Reporting:

  Ensure compliance with internal procurement policies, external regulations, and ethical sourcing standards. Provide regular reports on procurement activities, cost savings, and supplier performance.

• Process Improvement:

  Continuously assess procurement processes for improvement opportunities, implementing best practices and streamlining workflows for greater efficiency.

• Cross-functional Collaboration:

  Work closely with departments such as Finance, Operations, and Logistics to ensure smooth supply chain operations.

Skills & Qualifications:

• Education:

  Bachelors degree in Engineering (Mechanical, Electrical or Civil), Supply Chain Management. A Masters degree is a plus.

• Experience:

  Min 2-3 years of experience in procurement for Executive level. For the managerial role, at least 6-8 years of experience is required with min. 2 years in a managerial role, preferably within manufacturing industry.

• Strong Negotiation Skills:

  Proven ability to negotiate favorable contracts, resolve conflicts, and manage vendor relationships effectively.

• Analytical Skills:

  Ability to analyze market trends, supplier performance, and data to make informed decisions.

• Project Management Skills:

  Strong organizational skills with the ability to manage multiple projects and deadlines.

• Technology Proficiency:

  Experience with procurement software (SAP, Oracle, etc.) and advanced Excel skills. Knowledge of ERP systems is highly desirable.

• Communication Skills:

  Excellent verbal and written communication skills to collaborate with internal teams and external suppliers effectively.

shivangee.khatik@technoconservices.com