Key Responsibilities:
- Supplier Management:Identifying, evaluating, and qualifying potential suppliers, negotiating contracts, and maintaining strong relationships with existing vendors.
- Strategic Sourcing:Conducting market research to identify best-in-class suppliers, analyzing market conditions, and developing procurement strategies.
- Purchase Order Management:Creating, reviewing, and processing purchase orders, coordinating delivery schedules, and ensuring timely receipt of materials.
- Cost Management:Analyzing total cost of ownership, implementing cost reduction initiatives, and optimizing procurement processes.
- Inventory Management:Monitoring stock levels, managing inventory turnover, and minimizing stockouts.
- Quality Assurance:Establishing quality standards for purchased goods, conducting inspections, and ensuring compliance with quality requirements.
- Record Keeping:Maintaining accurate records of purchases, pricing, supplier information, and invoices.
- Collaboration:Working with other departments (e.g., sales, finance) to support payment processes and resolve procurement-related issues.
Skills and Qualifications:
- Strong negotiation and communication skills: Essential for interacting with suppliers, negotiating contracts, and resolving issues.
- Knowledge of procurement processes and best practices: Understanding the entire procurement lifecycle and industry standards.
- Analytical and problem-solving skills: Ability to analyze data, identify trends, and resolve procurement-related challenges.
- Proficiency in procurement software and tools: Experience with relevant software for managing purchase orders, inventory, and supplier information.
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field: A relevant academic background can be beneficial.
- Experience in procurement or purchasing role: Previous experience in a similar role is often required.
Job Type: Full-time
Pay: ₹25,000.00 - ₹40,000.00 per month
Work Location: In person
