Procurement Manager

5 - 9 years

0 Lacs

Posted:16 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: You will be responsible for overseeing the company's purchasing activities by developing procurement strategies, negotiating with vendors, managing supplier relationships, and ensuring timely, cost-effective, and quality sourcing of goods and services. Your role will require strong negotiation, leadership, and analytical skills, with a thorough understanding of supply chain management and procurement processes. Key Responsibilities: - Develop, implement, and manage effective procurement strategies to support business objectives. - Source, identify, and evaluate reliable vendors and suppliers. - Negotiate favorable terms, pricing, and contracts with suppliers. - Monitor supplier performance and maintain strong vendor relationships. - Ensure compliance with company policies, quality standards, and legal requirements. - Prepare, review, and process purchase orders, contracts, and agreements. - Collaborate with internal departments (finance, operations, projects, etc.) to forecast demand and plan procurement needs. - Maintain accurate records of purchases, contracts, budgets, and supplier information. - Monitor market trends, analyze costs, and identify opportunities for savings. - Manage procurement risks and resolve supplier-related issues. - Optimize inventory levels and reduce procurement-related expenses. - Lead, mentor, and motivate the procurement team to achieve departmental targets. Qualifications Required: - Bachelor's degree in Supply Chain Management, Business Administration, or a related field (Masters preferred). - Proven experience as a Procurement Manager or in a similar role. - Strong knowledge of sourcing, procurement processes, and supply chain management. - Excellent negotiation, communication, and interpersonal skills. - Proficiency in procurement software, ERP systems, and MS Office applications. - Strong analytical and problem-solving abilities. - Ability to manage budgets and make data-driven decisions. - Leadership skills with experience in managing a team. Additional Details: The company offers benefits such as cell phone reimbursement, health insurance, leave encashment, and paid sick time. The work location is in person.,

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