Procurement Executive

Renewal of agreements or contracts before expiry at Region Contributes to and is responsible for creating and reviewing proposals for stores / raw materials, balancing both objectives of ensuring uninterrupted supply of materials / spares while also ensuring optimization of costs Evaluate the performance of vendors (RM, TM, Pumps, Primary/Secondary logistics etc.) periodically in line with business goals Identify, negotiate and finalize long term contracts with key suppliers of Aggregates Timely procurements maintaining appropriate balance of cost and quality Identify, recommend vendors and deployment of TMs and pumps with optimum fixed cost and mileage Monitor and control the plant inventory regularly Ensure uninterrupted production of RMC through timely procurement of aggregates, sand, fly ash, cement, GGBS, admixers at most economical price & by addressing all the contingency situations / logistics challenges Explore new sources of raw materials and procure quality raw materials cost-effectively as per standard specifications Contributes to and is responsible for analyzing balance sheet and P&L account, reviewing and critically scrutinizing key financial statements and conducting physical stock verification Optimizing inventory level , payables for RMC/BPD Business Contributes to and is responsible for adherence to SOPs & policies, creation of internal / external benchmarks for teams and ensuring resolution of system related issues Adherence to SOP compliances in all negotiations for procurement of white goods, gifts, foreign tours, gifts for Marketing / Technical services, CRM expenses, godown rent / office rent, capex expansion etc. Contributes to and is responsible for the identification, evaluation, negotiation and finalization of vendors Preparing & issuing purchase orders / in line with the terms negotiated and company's standard terms at Region Dispute Resolutions of all vendors to safeguard the financial and non-financial implications at Region Adherence to Vendor registration process as per SOP Organize annual meet for Aggregates vendors to update on best industry practices, any statutory updates or related training / awareness sessions