Procurement Manager

Procurement

• Manage the companys supply portfolio, ensuring transparency of spending
• Generate and implement efficient sourcing and category management strategies
• Analyze and calculate the costs of procurement and suggest methods to decrease expenditure
• Invent negotiation strategies and secure profitable deals
• Optimize sourcing procedures to attain maximum efficiency
• Cooperate with stakeholders to guarantee agreement on terms and processes
• Research and anticipate shifts in the negotiating power of suppliers
• Perform cost and scenario analysis and benchmarking
• Estimate risks and apply risk-minimizing techniques
• Discover and partner with trustworthy vendors and suppliers
• Determine quantity and timing of deliveries

Desired Competencies

• Familiarity with sourcing and vendor management, and relevant software
• Understanding of market dynamics and sound business judgement
• Strong project management and leadership skills
• Ability to negotiate and sustain networking relationships
• Comfortable with figures and collecting, analyzing and interpreting data
• Solid judgement with the ability to make good decisions

Key Deliverables

• Monthly Report of the procurement across locations, highlighting any deviations from the SOP, Budgets and timelines for delivery.
• Reconciling monthly statements with vendors and sharing the same, along with ledgers from the regular vendors.
• Reconciliation of accounts every 15 days to be submitted to the finance team before advances are requested for.
• Ensuring the booking of POs and GRNs completed within the TAT and the sign off given to the finance team for issuance.
• Any deviations in any of the tasks should be escalated in real time without impacting operations or any financial implications.