Procurement Operations Executive

2 - 5 years

2 - 6 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • We seeka proficient and skilled procurement operations executive to join our team atGMMCO Ltd
  • As a

    procurement operations executive, you will

    play a key role in managing day to day procurement activities within theorganization
  • This position is responsible for purchasing and suppliermanagement, ensuring cost-effective and timely procurement of goods andservices while adhering to compliance and quality standards
  • The idealcandidate shall possess strong analytical skills, operational efficiency, andthe ability to collaborate with stakeholders to drive procurement operations excellence

Key Responsibilities:

1. Procurement ProcessManagement:

o Reviewpurchase requisitions, purchase orders, and other procurement transactions.
o Ensurecompliance with procurement policies and regulatory requirements.
o Overseethe end-to-end procurement cycle, from sourcing to delivery.
o Streamlineprocurement workflows to enhance efficiency and reduce operational bottlenecks.

2. Supplier Management:

o Supportsourcing team during supplier identification, evaluation process by providingrelevant performance data.
o Managingand monitoring supplier contracts to ensure compliance with agreed-upon terms.
o Responsiblefor material code creation of indirect material category.
o Supportin supplier code creation and complete onboarding process for new suppliers.
o Follow-upwith suppliers on delivery of goods.

3. Cost OptimizationInventory Control:

o Ensureaccurate inventory management and timely replenishment of stock to meetoperational needs.
o Implementcost-control measures while maintaining quality and service level expectations.

4. Compliance Risk Management:

o Ensureprocurement activities align with internal policies and external regulatoryrequirements.
o Identifyand mitigate procurement-related risks, including supplier reliability andcontractual risks.
o Maintainaudit-ready documentation and reports to facilitate transparency.

5. Stakeholder Collaboration Communication:

o Liaisewith various departments to understand procurement requirements and deliveroptimal solutions.
o Co-ordinatewith SAP team for data management and governance
o Collaboratewith finance, operations, and logistics teams for seamless procurementexecution.
o Provideregular updates and insights to senior management on procurement operational performance.
o Act asa point of contact for resolving procurement-related transactional issues.

6. Data Analysis Reporting:

o Utilizeprocurement analytics to assess spending patterns and vendor performance.
o Preparedetailed reports on procurement costs, efficiency, and savings opportunities.
o Leveragedata-driven insights to enhance sourcing strategies and improve suppliernegotiations.
o Ensureaccurate documentation and record-keeping for future reference and audits.

Required Skills Qualifications:


o Bachelor's degree in Engineering or Technology is required.
o 2-5 years of experience in Gmmco Ltd.
o Stronganalytical, and problem-solving skills.
o Prior work experience in Procurement.
o Proficiencyin procurement software (SAP, Oracle,Ariba, or similar ERP systems).
o Excellent communication and stakeholdermanagement abilities.

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Gmmco logo
Gmmco

Construction and Mining Equipment

Chennai

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