Procurement Officer

Job Summary:

The Procurement Officer is responsible for sourcing, purchasing, and managing the supply of hardware materials, tools, and components essential to the company’s operations. This role ensures that all purchases are made at the right quality, quantity, price, and time to support smooth business operations and project requirements.

Key Responsibilities:1. Procurement Planning & Coordination

• Develop and execute procurement plans based on production and project needs.
• Coordinate with departments to understand material requirements and specifications.
• Maintain adequate stock levels of hardware items while minimizing excess inventory.

2. Supplier Sourcing & Management

• Identify, evaluate, and select reliable suppliers of hardware products and materials.
• Conduct market research to identify new suppliers and assess market trends.
• Negotiate contracts, prices, payment terms, and delivery schedules to secure the best value.
• Build and maintain long-term relationships with key hardware suppliers and distributors.

3. Purchase Order & Documentation

• Prepare and issue purchase orders in line with company procedures.
• Verify quotations, specifications, and product samples before order confirmation.
• Track orders to ensure timely delivery and handle any delays or discrepancies.
• Maintain accurate procurement and supplier documentation for audit and reporting.

4. Cost Management & Budgeting

• Analyze purchasing data to identify cost-saving opportunities.
• Ensure all purchases are within approved budgets and financial limits.
• Support the finance department with invoice verification and payment processing.

5. Quality Assurance & Compliance

• Coordinate with the quality control team to inspect and verify received materials.
• Ensure all hardware supplies meet technical specifications and company standards.
• Comply with procurement policies, ethical sourcing practices, and local regulations.

6. Inventory & Logistics Coordination

• Work closely with the warehouse and logistics team to monitor stock movement.
• Plan deliveries and storage to prevent material shortages or overstocking.
• Assist in periodic inventory audits and reconcile material records.

7. Reporting & Analysis

• Prepare procurement reports, including purchase summaries, supplier performance, and price comparisons.
• Monitor supplier performance metrics such as delivery accuracy, quality, and responsiveness.
• Provide recommendations to improve the procurement process.

Qualifications & Experience:

• Bachelor’s degree in Procurement & Supply Chain Management, Business Administration, Commerce, or a related field.
• Minimum 2–5 years of procurement experience in the hardware Industry
• Knowledge of procurement best practices and supply chain principles.

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹35,000.00 per month

Benefits:

• Cell phone reimbursement
• Leave encashment
• Paid time off

Work Location: In person