5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Manager, you will play a crucial role in developing and implementing procurement strategies aligned with the organization's goals, budget constraints, and market conditions. Your responsibilities will include collaborating with senior management to define procurement objectives, building and nurturing relationships with key suppliers, negotiating complex agreements, and ensuring a reliable supply chain. Key Responsibilities: - Develop and implement procurement strategies aligned with organizational goals, budget constraints, and market conditions. - Collaborate with senior management to define procurement objectives and contribute to overall business strategy. - Build and nurture relationships with key suppliers to ensure a reliable supply chain, favorable terms, and continuous improvement. - Negotiate complex agreements and contracts to achieve optimal pricing, quality, and delivery terms. - Lead and manage the procurement team, providing guidance, mentoring, and performance evaluations. - Delegate tasks and responsibilities to team members to ensure efficient and effective procurement operations. - Identify and onboard potential suppliers, evaluating their capabilities, financial stability, and ethical practices. - Conduct regular supplier performance assessments and audits to maintain high-quality standards. - Develop and implement cost-saving initiatives, such as bulk purchasing, strategic sourcing, and value analysis. - Monitor market trends and fluctuations to adjust procurement strategies and maintain cost competitiveness. - Review, draft, and negotiate contracts with suppliers, ensuring legal and contractual obligations are met. - Monitor contract performance, making necessary adjustments and addressing issues as they arise. - Identify and mitigate potential supply chain risks by implementing risk assessment strategies and contingency plans. - Continuously review and optimize procurement processes to enhance efficiency, reduce lead times, and minimize costs. - Ensure procurement activities comply with relevant laws, regulations, and industry standards. - Develop and manage procurement budgets, tracking expenditures and analyzing variances. - Provide financial reports and insights to senior management. Qualifications and Skills: - Bachelor's degree in Business, Supply Chain Management, or a related field. Master's degree is a plus. - Proven experience in procurement or supply chain management, with a substantial portion in a leadership role. - Strong leadership and team management skills. - Excellent negotiation, communication, and interpersonal skills. - Analytical mindset with the ability to interpret data and trends to drive informed decisions. - Familiarity with procurement software and ERP systems. - Knowledge of relevant industry regulations and standards. - Strong problem-solving and decision-making abilities. - Strategic thinking and the ability to align procurement with organizational goals. Please note that the job offers full-time, permanent employment with benefits such as food provided, paid sick time, and Provident Fund. The work schedule is a day shift with a fixed schedule. The ideal candidate should have at least 5 years of experience in procurement or supply chain management. The expected start date for this position is 23/06/2025, and the application deadline is 16/06/2025.,

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