Procurement and purchase

0 years

2 - 0 Lacs

Posted:1 week ago| Platform: SimplyHired logo

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Skills Required

Work Mode

On-site

Job Type

Full Time

Job Description

Full Description:

Procurement and purchasing job involves strategically sourcing and acquiring goods and services, which includes identifying vendors, negotiating contracts, managing supplier relationships, overseeing inventory, and ensuring cost-effectiveness while meeting quality and delivery standards. Key responsibilities also include analyzing market trends, managing budgets, ensuring regulatory compliance, and using technology to improve processes. Key Responsibilities

  • Supplier Management: Research, identify, and evaluate potential suppliers and vendors, and build strong, long-term relationships with them.
  • 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 to meet organizational needs.
  • 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 to ensure adequate stock for operations.
  • Performance Monitoring: Monitor supplier performance for quality, delivery, and pricing, taking action to resolve issues as they arise.
  • Documentation & Compliance: Maintain accurate records of purchases, contracts, and supplier data, ensuring compliance with company policies and regulations.
  • Internal Collaboration: Work with internal teams (e.g., supply chain, finance) to understand purchasing needs and ensure smooth operations.
  • Market Analysis: Conduct ongoing market 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.

Job Types: Full-time, Permanent, Fresher

Pay: ₹18,426.46 - ₹27,094.68 per month

Benefits:

  • Cell phone reimbursement
  • Commuter assistance
  • Food provided
  • Health insurance
  • Internet reimbursement
  • Provident Fund

Work Location: In person

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