Strategic Sourcing
: Develop and implement strategic sourcing strategies to optimize procurement processes and achieve cost savings.Supplier Management
: Identify, evaluate, and select reliable suppliers while maintaining a database of approved vendors.Negotiation: Negotiate favorable terms and pricing with suppliers, ensuring quality, delivery schedules, and cost efficiency.
- Contract Management: Draft, review, and manage contracts, including terms and conditions, to protect the organization's interests.
Inventory Control
: Monitor and analyze inventory levels, ensuring optimal stock levels while minimizing carrying costs.Compliance
: Ensure compliance with company policies, industry regulations, and legal requirements in all procurement activities.Risk Assessment: Identify and assess potential risks in the supply chain, and develop mitigation strategies to minimize disruptions.
- Procurement Process Improvement: Continuously review and improve procurement processes to enhance efficiency and effectiveness.
Budget Management
: Work closely with finance teams to develop and manage the procurement budget effectively.
Required Skills and QualificationsEducation
: Bachelor's degree in any discipline, Supply Chain Management, or related field.Experience: Proven experience in procurement, with a track record of successful negotiations and supplier management.
- Analytical Skills: Strong analytical and problem-solving abilities to make data-driven procurement decisions.
Communication
: Excellent verbal and written communication skills, with the ability to effectively negotiate and build relationships.Technology Proficiency
: Familiarity with procurement software and ERP systems for inventory and supplier management.Negotiation Skills: Adept at negotiating terms, pricing, and contracts to achieve favorable outcomes for the organization.
- Organizational Skills: Strong organizational and time management skills to handle multiple procurement projects simultaneously.
Job Types: Full-time, Permanent
Pay: 120,
- 00 - 250,000.00 per year
Benefits: - Leave encashment
* Paid sick time
Schedule:
Education:
Experience:
- Procurement management: 3 years (Preferred)
Location:
- Vishakapatnam, Andhra Pradesh (Preferred)
Willingness to travel:
Work Location: In person