Procurement and purchase

As a Procurement and Purchasing professional, you will be responsible for strategically sourcing and acquiring goods and services to meet organizational needs. Your role will involve identifying vendors, negotiating contracts, managing supplier relationships, overseeing inventory, and ensuring cost-effectiveness while maintaining quality and delivery standards. Key Responsibilities: - Supplier Management: Research, identify, and evaluate potential suppliers and vendors to build strong, long-term relationships. - Negotiation: Negotiate contracts, prices, and terms with suppliers to secure the best value and favorable agreements. - Sourcing & Strategy: Develop and implement procurement strategies to identify the best products, services, and suppliers. - Cost Control: Analyze market trends, compare quotes, and implement cost-saving measures while ensuring quality and timely delivery. - Order & Inventory Management: Manage the purchase order process, track deliveries, and monitor inventory levels for smooth operations. - Performance Monitoring: Monitor supplier performance for quality, delivery, and pricing, taking necessary actions to resolve issues. - Documentation & Compliance: Maintain accurate records of purchases, contracts, and supplier data to ensure compliance with company policies and regulations. - Internal Collaboration: Collaborate with internal teams to understand purchasing needs and ensure seamless operations. - Market Analysis: Conduct ongoing research to stay updated on industry trends, pricing, and new product availability. - Reporting: Analyze procurement data and generate reports on spending, savings, and supplier performance. In addition to the above responsibilities, you will be expected to ensure regulatory compliance, use technology to improve processes, and manage budgets effectively. Please note that the job types for this role are Full-time, Permanent, and Fresher. The benefits include cell phone reimbursement, commuter assistance, provided food, health insurance, internet reimbursement, and Provident Fund. The work location is in-person.,