Vendor Onboarding & Off Boarding Process. Basic Principle of Purchasing. Depth knowledge of the source-to-pay process. Knowledge of vendor and their commodity. Vendor Agreement, NDA, and the clauses. Key Performance Indicator of Purchase. Knowledge of Risk and Contingency Plan. Ensure deliverables by vendor meets the expected quality standards. Should handle all the material purchases. Expediting the delivery of material to make sure the suppliers deliver the material within promised delivery time. Maintaining all purchase-related data and creating MIS reports on purchases as needed. Should have strong knowledge of vendor management and supply chain management. Develop, implement and drive the procurement strategies for the cost-effective acquisition of materials/services to meet the required needs. Search and source potential suppliers/ vendors. Negotiate with suppliers on lead-time, cost and quality. Work collaboratively with suppliers, manufacturers and internal departments relating to the ordering of materials, services and supplies for the company. Ensure commercial, legal and contractual compliance in all the procurement transactions. Prepare budget for procurement of materials required for the project and measure budgeted vs actual cost. Provide updated reports to top Management. Create monthly performance reviews and reports focusing on overall sourcing requirements. Coordinate with the Sales and Design and teams for product availability, lead times, and cost roadmaps for key materials. Keep records of materials under warranty and ensure timely repair/replacement of faulty items. Monitor and measure suppliers performance and re-evaluation. Maintain database of approved suppliers/vendors with price list and negotiated rates. On Time Delivery based on ERP NBD and GRN details. Delivery before due date (Early delivery) based on GRN details. Delivery after due date (Late delivery) based on GRN details. Inventory Turns based on monthly stock and sales. New Supplier Addition (Raw material) on SharePoint. Cost Saving on PO release. Job Type: Full-time Pay: ₹400,000.00 - ₹700,000.00 per year Benefits: Cell phone reimbursement Health insurance Leave encashment Provident Fund Experience: total work: 10 years (Required) Work Location: In person