Management Trainee

1 - 2 years

3 - 4 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Skills Required

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities

  • Sourcing & Vendor Management:

    Identify and evaluate potential suppliers, conduct market research, and maintain a database of approved vendors. Build and maintain strong, collaborative relationships with key suppliers.
  • Negotiation & Contracting:

    Lead the negotiation of contracts, pricing, and terms with suppliers to achieve favorable outcomes for the company. Ensure all contracts comply with legal and company standards.
  • Purchase Order Management:

    Create and manage purchase orders, track their status, and ensure timely delivery of goods and services.
  • Strategic Planning:

    Develop and implement procurement strategies that align with company goals, focusing on cost reduction, quality improvement, and efficiency.
  • Data Analysis & Reporting:

    Analyze purchasing data and market trends to identify opportunities for improvement. Prepare regular reports on procurement activities, savings, and performance metrics.
  • Stakeholder Collaboration:

    Work closely with internal departments, such as finance, operations, and legal, to understand their procurement needs and ensure a smooth purchasing process.
  • Compliance & Risk Management:

    Ensure all procurement activities adhere to company policies and ethical guidelines. Identify and mitigate risks related to supply chain disruptions and vendor performance.

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