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TIOT Systems Pvt. Ltd.

Urgent Hiring Procurement Executive - (Male Candidate Only)

Early Applicant
  • a month ago
  • Be among the first 50 applicants

Job Description

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 Qualifications
Education: 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
  • Paid time off
Schedule:
  • Day shift


Education:
  • Diploma (Preferred)

Experience:
  • Procurement management: 3 years (Preferred)

Location:
  • Vishakapatnam, Andhra Pradesh (Preferred)

Willingness to travel:
  • 25% (Preferred)


Work Location: In person

More Info

Industry:Other

Function:Procurement

Job Type:Permanent Job

Date Posted: 23/10/2024

Job ID: 97557157

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Last Updated: 23-10-2024 06:32:19 AM
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