Procurement Manager

1. Sourcing and Supplier Management:

• Identifying and evaluating suppliers:This involves researching potential suppliers, gathering quotes, and assessing their capabilities based on factors like quality, price, reliability, and delivery times.
• Negotiating contracts and pricing:Procurement professionals negotiate favorable terms and pricing with suppliers, aiming for the best value for the organization.
• Managing supplier relationships:Building and maintaining positive relationships with suppliers is crucial for ensuring smooth operations and long-term supply chain stability.
• Contract management:This includes drafting, reviewing, and managing contracts with suppliers, ensuring compliance with legal and organizational requirements.
• Monitoring supplier performance:Tracking supplier performance against agreed-upon metrics and taking corrective action when needed.

2. Procurement Operations:

• Purchase order processing:Creating and managing purchase orders for the procurement of goods and services.
• Inventory management:Monitoring stock levels, managing inventory, and ensuring adequate supply to meet demand.
• Cost control and budget management:Identifying opportunities to reduce costs through strategic purchasing, bulk orders, or alternative sourcing.
• Record keeping:Maintaining accurate records of all procurement activities, including purchase requests, quotes, contracts, and invoices.
• Compliance with regulations and policies:Ensuring all procurement activities adhere to relevant laws, regulations, and organizational policies.

3. Strategic Procurement:

• Market research and analysis:Staying informed about market trends, pricing fluctuations, and new products and services.
• Developing procurement strategies:Creating and implementing strategies to optimize the procurement process and achieve cost savings.
• Working with stakeholders:Collaborating with various departments within the organization to understand their needs and ensure that procurement activities align with overall business objectives.
• Risk management:Identifying and mitigating potential risks associated with procurement, such as supply chain disruptions or quality issues.

Job Type: Full-time

Pay: ₹29,000.00 - ₹40,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift

Work Location: In person