Procurement Specialist

Key Responsibilities

• Strategy and Planning: Develop and implement strategies to align procurement with business objectives and identify potential cost-saving measures.
• Supplier Management: Source, evaluate, and select suppliers based on factors like price, quality, and reliability; manage and nurture relationships with existing vendors.
• Contract Negotiation: Negotiate contracts and terms with suppliers to ensure favorable pricing and conditions for the organization.
• Cost and Quality Control: Monitor the cost and quality of purchased materials and services to ensure they meet company standards and budget constraints.
• Inventory Management: Coordinate with suppliers to maintain optimal inventory levels, ensuring timely delivery and preventing stock-outs.
• Market Analysis: Track and analyze market trends, pricing, and supplier performance to anticipate future needs and inform procurement decisions.
• Compliance and Documentation: Ensure all procurement activities comply with company policies, regulations, and legal requirements.
• Collaboration: Work with other departments (e.g., sales, finance) to understand their needs and support procurement processes.

Qualifications & Skills

• Education: Bachelor's degree in business administration, supply chain management, or a related field.
• Experience: Proven experience in procurement, purchasing, or supply chain roles.
• Skills:
• Strong negotiation and communication abilities.
• Analytical thinking and problem-solving skills.
• Proficiency in ERP and procurement software.
• Knowledge of supply chain management principles.
• Attention to detail and ability to work effectively in a fast-paced environment.

Job Type: Full-time

Pay: ₹8,301.52 - ₹30,000.00 per month

Benefits:

• Provident Fund

Work Location: In person