Procurement Specialist

8 - 13 years

7.0 - 12.0 Lacs P.A.

Bengaluru

Posted:1 month ago| Platform: Naukri logo

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Skills Required

procurementpurchasebuyer

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities:Operational Expenditure (OPEX) Procurement: Raw Material & Consumables Procurement Vendor Development & Management: Identify, evaluate, and negotiate with suppliers to ensure quality, cost-effectiveness, and timely deliveries. Cost Optimization: Implement cost-saving initiatives while maintaining production efficiency. Inventory Management: Monitor stock levels to prevent shortages and excess inventory. Compliance & Quality Assurance: Ensure all purchases adhere to company policies, industry regulations, and quality standards. Capital Expenditure (CAPEX) Procurement: Machinery & Equipment Procurement Supplier Negotiation & Contracts: Manage contracts, warranties, and service agreements for large capital purchases. Project Coordination: Collaborate with production, engineering, and finance teams to plan and execute CAPEX projects. Budget Management: Ensure all capital investments align with budgetary constraints and ROI objectives. Risk Assessment: Evaluate financial and operational risks related to capital investments. Qualifications & Experience: Education: Bachelors/Masters degree in Supply Chain Management, Engineering, Business Administration, or a related field. Experience: 5-10 years of procurement experience in the textile or manufacturing industry, with expertise in both OPEX / CAPEX. Technical Knowledge: Understanding of textile production processes, machinery, and supply chain logistics. Skills & Competencies: Strategic Sourcing & Negotiation: Strong ability to secure cost-effective deals while maintaining quality. Financial Acumen: Knowledge of budgeting, cost control, and financial analysis. Project Management: Ability to handle large-scale procurement projects. ERP & Procurement Software: Experience with SAP, Oracle, or similar tools. Problem-Solving & Decision-Making: Ability to manage procurement challenges effectively. Regulatory Compliance: Familiarity with procurement policies, ESG (Environmental, Social, and Governance), and sustainability initiatives.

Textiles & Apparel
Ahmedabad

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