3 - 7 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 be responsible for various key aspects of procurement and vendor management to ensure the smooth and cost-effective supply of industrial raw materials. Your primary focus will be on identifying, assessing, and selecting reliable suppliers while negotiating favorable terms and conditions to secure advantageous agreements. Additionally, you will continuously evaluate supplier performance and maintain strong vendor relationships to ensure a consistent supply chain. Developing and implementing strategic procurement strategies will be a crucial part of your role. By analyzing market trends and pricing, you will make informed purchasing decisions to optimize cost savings and efficiency. Your ability to identify opportunities for cost savings and efficiency improvements will directly impact the overall financial targets of the organization. Monitoring and maintaining optimal inventory levels will be essential to meet production demands effectively without overstocking. Implementing inventory control measures to reduce waste and minimize carrying costs will contribute to operational efficiency and cost control. Collaboration with the quality control team is imperative to ensure that purchased materials meet the required specifications and quality standards. Resolving quality issues with suppliers promptly and effectively will be necessary to uphold product quality and customer satisfaction. Managing procurement budgets and implementing cost-saving initiatives while adhering to financial targets will be a key responsibility. Your ability to track and control costs without compromising product quality will play a vital role in the financial success of the procurement department. Ensuring compliance with relevant regulations and industry standards, as well as maintaining accurate procurement records and documentation, will be essential to uphold the integrity of the procurement processes. Collaboration with cross-functional teams, including production, logistics, and finance, will be crucial to ensure smooth operations and timely deliveries. Providing guidance and mentorship to junior procurement staff will also be part of your role in fostering a collaborative and efficient team environment. Overall, as a Procurement Manager, your role will be instrumental in driving cost-effective procurement practices, maintaining strong supplier relationships, ensuring quality standards, and contributing to the overall operational efficiency and financial success of the organization.,

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