7 years

4 - 6 Lacs

Posted:3 hours ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

1. Cost Management & Savings

  • Cost Savings Achieved (%) (vs last year / benchmark)
  • Purchase Price Variance (PPV)
  • Budget Adherence (%)
  • Total Cost of Ownership (TCO) Reduction
  • Negotiation Effectiveness (%)
  • Annual Rate Contract (ARC) Savings

2. Procurement Efficiency

  • PO Turnaround Time (TAT)
  • PR-to-PO Cycle Time
  • On-Time PO Release (%)
  • Emergency / Spot Purchase (%)
  • Process Compliance (%)
  • Automation / ERP Usage (%)

3. Vendor Management

  • Active Approved Vendor Ratio
  • Vendor Performance Score (Cost, Quality, Delivery)
  • Vendor On-Time Delivery (OTD %)
  • Vendor Dependency Ratio (Single-Source Risk)
  • Vendor Audit & Evaluation Completion (%)
  • New Vendor Development

4. Quality & Compliance

  • Material Rejection Rate (%)
  • Quality Deviation Closure TAT
  • Compliance to Specifications (%)
  • Statutory & Ethical Procurement Compliance
  • Audit Observations (Zero / Minimal)

5. Inventory & Planning Support

  • Inventory Turnover Ratio
  • Stock-out Incidents
  • Excess / Obsolete Inventory (%)
  • Lead Time Reduction (%)
  • Demand Forecast Accuracy Support

6. PAN-India Coordination & Control

  • Location-wise Procurement Adherence (%)
  • Centralized vs Local Purchase Ratio
  • Uniform Vendor & Rate Implementation (%)
  • Inter-Unit Coordination Effectiveness
  • Travel & Site Support Efficiency

7. Contract & Documentation Management

  • Rate Contract Coverage (%)
  • Contract Renewal Timeliness
  • PO & Contract Documentation Accuracy (%)
  • Deviation Approval Compliance (%)
  • Legal / Commercial Risk Incidents

8. Supplier Risk & Continuity

  • Supplier Risk Assessment Coverage
  • Alternate Supplier Availability (%)
  • Supply Disruption Incidents
  • Critical Material Availability (%)

9. Sustainability & Ethics

  • ESG / Sustainable Procurement Initiatives
  • Local Vendor Development (%)
  • Ethical Sourcing Compliance (100%)
  • Zero Fraud / Conflict of Interest Cases

Job Type: Full-time

Pay: ₹40,000.00 - ₹50,000.00 per month

Experience:

  • Purchase: 7 years (Preferred)

Work Location: In person

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