Sr.Executive-Purchase

7 - 8 years

5 - 7 Lacs

Posted:Just now| Platform: Naukri logo

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Skills Required

sap mm module indirect sourcing strategic sourcing & procurement vendor management contract & cost management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

1) Strategic Sourcing & Procurement

  • Develop and execute sourcing strategies for indirect procurement categories.
  • Conduct market research, bench marking, and cost analysis to identify opportunities for cost reduction and performance improvement.
  • Manage RFQs/RFPs, supplier evaluations, bid comparison, negotiation, and award process.
  • Create long-term procurement plans aligned with business needs and budgetary constraints.

2) Vendor Management

  • Identify, evaluate, and onboard new suppliers while maintaining strong relationships with existing vendors.
  • Conduct supplier performance reviews based on KPIs: cost, quality, delivery, service level, and compliance.
  • Establish supplier agreements, including SLA and contract terms, ensuring risk mitigation.

Contract & Cost Management

  • Negotiate pricing, payment terms, contract terms, and commercial conditions to ensure maximum value for the organization.
  • Drive cost-saving initiatives and track procurement KPIs such as cost avoidance, cost reduction, and process efficiency improvements.
  • Ensure contract renewals, compliance with legal requirements, and adherence to procurement policies.

Preferred candidate profile

Good knowledge of SAP

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