Hiring-Procurement Specialist @Viaplus (A Product Dev company)

Viaplus is seeking a Procurement Executive to manage the sourcing, purchasing, and acquisition of goods and services essential for the organization. This role involves negotiating with suppliers, ensuring on-time product delivery, and maintaining cost efficiency. The ideal candidate will possess excellent communication skills, strategic thinking abilities, and a strong understanding of supply chain management. The Procurement Executive will collaborate closely with other departments to meet operational needs, all while adhering to budgetary guidelines and company policies.

Role: Procurement Specialist

Experience: 5 to 7 years

• Defining and communicating rules for supplier bids and managing high-impact purchases. Evaluating the qualification of suppliers and negotiating prices.
• Managing daily activities associated with requesting quotes, issuing purchase orders, invoice/contract approval, grief resolution, job instruction, vendor contacts, supplier quality/delivery, record keeping and all other purchasing related activities.
• Assessing purchasing decisions through the analysis of historical and market information; recommending improvements.
• Managing the quality of purchased goods and services based on specified requirements. Solving major supplier related problems.
• Monitor completion/delivery for purchase orders. Communicate with vendors to insure timely completion of purchase order commitments
• Your primary goal is to optimize procurement activities and contribute to the overall efficiency and cost-effectiveness of the organization
• Develop and maintain strong relationships with suppliers to ensure favourable terms, negotiate contracts, and resolve issues
• Monitor supplier performance and conduct periodic evaluations to ensure compliance with contractual agreements and quality standards
• Collaborate with internal stakeholders to define procurement requirements, specifications, and budgets
• Prepare and issue requests for proposals (RFPs), requests for quotations (RFQs), and requests for information (RFIs) to solicit competitive bids
• Generate purchase orders, review purchase requisitions, and ensure compliance with organizational policies and procedures
• Coordinate with receiving and accounts payable departments to resolve any discrepancies or issues related to purchased items
• Review and negotiate contract amendments, extensions, and renewals as necessary
• Ensure compliance with contract terms, legal requirements, and ethical standards
• Continuous Improvement: Identify opportunities for cost savings, process improvements, and supplier performance enhancements
• Stay updated on industry trends, best practices, and new technologies in procurement and supply chain management
• Collaborate with cross-functional teams to implement process improvements and contribute to overall organizational efficiency

Skillset:

• Demonstrated professional verbal/written communication and negotiation skills in English
• Strong quantitative and analytical skills, and database proficiency and Strong interpersonal skills and leadership skills and an eye towards detailing
• Experience in MIS tools and tasks - Good Excel / Power Point / Word skills
• Strong experience in Sourcing & Procurement Domain
• Customer and client service orientation and ability to influence and collaborate with diverse teams and stakeholders
• Ability to understand contracts and contract language
• Good Multitasking, prioritization, time management skills
• Ability to work independently in complex, challenging, stressful environment
• Knowledge of category markets, impacts of regulatory and legislative changes, changes in supply base (mergers & acquisitions and new entrants), and new technology w/impact to Clients.
• Problem solving ability, productivity while working efficiently.
• Exposure to analytics and opportunity assessment

Qualifications:

• Bachelor's degree in business, B. Com or M. Com or MBA supply chain management, or a related field
• We are seeking a candidate with a background in the IT industry is mandatory.
• Certifications (preferred): Certified Professional in Supply Management (CPSM), Certified Supply Chain Professional (CSCP), or other related certifications