Procurement Specialist

Job Responsibilities

• Responsible for end-to-end procurement process, encompassing supply environment planning, supplier and Item master management, PO issuance, vendor relationship, delivery arrangements, sample procurement and issuance and the processing of all necessary documentation/ transactions to acquire materials within the planned budget and forecast.
• Develop and execute procurement strategies to ensure efficient sourcing and delivery. Uphold compliance with company policies, legal regulations, and ethical standards to maintain transparency and integrity in all transactions.
• Supervise daily procurement operations, overseeing tasks such as monitoring Open Order Aging, managing lead times, vendor performance , planning transportation and implementing inventory controls to optimize efficiency and cost-effectiveness.
• Monitor and manage procurement expense and productivity. ensuring alignment with cross functions to meet the customer expectations and budgetary outlook.
• Maintain meticulous records of purchases, pricing details and supplier information. Generate comprehensive reports on procurement activities and performance to evaluate effectiveness and identify areas for improvement.
• Contribute to the enhancement of procurement policies and procedures, aligning them with industry best practices and organizational goals.
• Leverage data analytics to identify opportunities for optimization and drive data-informed decision-making processes across procurement activities.
• Address supply chain challenges promptly and ensure the timely delivery of goods and services. Collaborate closely with cross-functional teams to streamline procurement operations and enhance overall efficiency.

Working Relationships

• Internal: Commercial teams of different businesses (local and international), Cross Functions including Finance, Legal, GSM, Customer service , Commercial etc.
• External: Global & Local Contract Manufacturers, Plants, Joint ventures Counter parts, 3PL Partners, Freight Forwarding & CHA agents, domestic transporters etc.

Key Success Factors

• Initiative - Ability to create a vision for success and take personal accountability to drive results.
• Technical & business Acumen - Incorporating knowledge of business to devise and implement solutions with your technical expertise of procurement domain.
• Planning & Prioritization - Ability to set clear milestones and evaluate results.
• Customer Focus - Meet and/or exceed customers expectations.
• Process Orientation : Doing the business right way attitude & ensuring the same with process aptitude.
• Organizational Agility - Ability to navigate a complex matrix environment and achieve results through formal & informal channels.
• Collaboration & Team Work - Demonstrate a solution centric approach while working closely with cross functions and SCM team members to deliver results.

Minimum Qualifications

• Minimum 5 years working experience in the areas of procurement and supply chain in global environment.
• Bachelor s degree in business, Operational research, supply chain, or related field. MBA or master s preferred.
• Teamwork - Ability to leverage the strengths of the team and taking everyone along.
• Excellent oral and written communication skills.
• Detail-oriented individual with a strong ability to multi-task
• Hands on Experience of managing global suppliers.
• ERP Exposure: Oracle, SAP, BI & MS Tools
• Experience of teamwork and co-ordination in a multi-disciplinary environment.

Preferred Qualifications:

• Data Analytics tools
• Process Excellence Certifications