Purchase & stores - Special Process

Role & responsibilities

• Manage purchasing activities for all Special Process materials, consumables, and supplies in a timely and cost-effective manner.
• Develop and maintain strong vendor and supplier relationships to ensure competitive pricing, quality, and delivery timelines.
• Collaborate with internal teams to identify procurement needs and align purchasing strategies with organizational and project requirements.
• Monitor inventory levels, conduct periodic stock assessments, and implement robust inventory control measures to avoid stockouts and excess.
• Create, release, and track purchase orders; follow up on deliveries; and resolve discrepancies or supplier-related issues.
• Ensure strict compliance with company policies, audit requirements, and regulatory standards in all procurement and stores activities.
• Analyze market trends, supplier performance, and pricing fluctuations to support strategic sourcing decisions.
• Maintain accurate documentation of purchasing, inventory transactions, and generate MIS reports as required.
• Support continuous improvement initiatives in procurement and stores management.

Qualification:

• BE/Diploma/B. Tech or any relevant field

Experience:

• 5 to 10 years of experience in purchasing, stores, or inventory management preferably in a manufacturing/industrial environment.

Skills & Competencies:

• Strong negotiation and communication skills for effective vendor interaction.
• Proficiency in purchasing and inventory management software/tools.
• Good understanding of supply chain and procurement best practices.
• Analytical skills to monitor market trends and evaluate vendor performance.
• High attention to detail for accurate inventory and documentation management.
• Ability to multitask, prioritize, and manage multiple procurement projects simultaneously.
• Strong organizational and time-management abilities.
• Knowledge of regulatory requirements and compliance in procurement processes.

PERFORMANCE MEASURES

• On-time procurement and delivery adherence.
• Cost savings achieved through effective vendor negotiation and sourcing.
• Inventory accuracy and reduction in stockouts/excess stock.
• Supplier performance improvements and relationship management.
• Compliance to procurement policies and audit standards.
• Accuracy and timeliness of documentation and MIS reports
• Internal stakeholder satisfaction.