Role Overview: The Procurement Officer/Engineer will be responsible for planning, sourcing, purchasing and managing materials, equipment and services required for organizational operations or projects. The role ensures that procurement activities are carried out cost-effectively, on time, and in compliance with company policies and quality standards.
Key Responsibilities
- Develop and implement procurement strategies to meet business objectives and ensure continuity of supply.
- Source and evaluate suppliers, negotiate contracts, and establish favourable terms and conditions.
- Manage supplier relationships, including performance monitoring, issue resolution, and supplier development initiatives.
- Coordinate with internal departments such as production, logistics, and quality assurance to forecast demand and plan procurement activities accordingly.
- Monitor inventory levels and optimize stock levels to minimize carrying costs while meeting customer demand.
- Ensure compliance with relevant regulations, standards, and company policies throughout the procurement process.
- Identify opportunities for cost savings, process improvements, and supply chain optimization initiatives.
- Collaborate with cross-functional teams to support new product development, product launches, and supply chain initiatives.
- Prepare and present reports, presentations, and recommendations to senior management regarding procurement activities, performance metrics, and strategy.
Skills Required:
- Procurement planning and strategic sourcing.
- Supplier evaluation, negotiation, and relationship management.
- Cost analysis and cost optimization.
- Inventory control and demand forecasting.
- Knowledge of supply chain and logistics processes.
- Understanding of quality standards and regulatory compliance.
- Strong analytical, problem-solving, and reporting skills.
- Effective communication and cross-functional coordination.
Job Types: Full-time, Permanent
Pay: ₹20,000.00 - ₹40,000.00 per month
Benefits:
- Health insurance
- Leave encashment
- Paid sick time
- Provident Fund
Work Location: In person
