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8.0 - 10.0 years

9 - 10 Lacs

Hyderabad

Work from Office

Role & responsibilities Procurement Management: Develop and execute the procurement strategy, ensuring a consistent supply of goods and services in line with business needs. Vendor Management: Identify, evaluate, and negotiate contracts with suppliers and vendors to obtain the best pricing and terms, while maintaining high-quality standards. Inventory Control: Monitor inventory levels and ensure orders are placed in a timely manner to avoid shortages or overstocking. Cost Management: Work to optimize purchasing costs and reduce overall procurement expenses without compromising product quality or delivery schedules. Supplier Relationships: Establish and maintain strong working relationships with key suppliers to ensure reliable and efficient supply chain operations. Contract Negotiation: Lead negotiations for purchasing agreements and contracts, ensuring compliance with company policies and legal standards. Team Leadership: Supervise, train, and mentor the purchasing team, ensuring they meet performance goals and adhere to procurement best practices. Market Research: Stay updated on industry trends, market conditions, and supplier developments to make informed purchasing decisions. Compliance: Ensure all procurement activities are in compliance with internal policies, regulatory requirements, and industry standards. Reporting & Analysis: Prepare and present reports on purchasing activities, savings, and market trends to management. Collaboration: Work closely with departments such as operations, finance, and production to align purchasing activities with organizational needs. Requirements: Education: Bachelors degree in Business Administration, Supply Chain Management, Logistics, or a related field. Experience : Minimum of 8 years of experience in purchasing, procurement, or supply chain management. Experience managing a team is essential. Skills: Strong negotiation and communication skills Excellent problem-solving abilities Knowledge of procurement software and tools (e.g., Stone profits, SAP, Oracle, or other ERP systems) Analytical mindset with attention to detail Ability to manage multiple priorities and work under pressure Strong understanding of cost analysis and budget management

Posted 2 weeks ago

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