- Developing and implementing procurement strategies and policies for cost optimization and enhancing supply chain efficiency.
- Identifying, evaluating and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
- Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms and mutually beneficial agreements.
- Collaborating with internal stakeholders to understand their requirements and align procurement activities with organizational goals.
- Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
- Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
- Monitoring inventory levels, analyzing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.
- Implement procurement systems and tools to streamline processes and enhance efficiency.
- Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
- Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
- Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.
- Analyze inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.
- Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
- Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.
- Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
- Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.
- Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.
- Reporting on a day-to-day basis and monthly reports to the Chief Executive.
- Responsible for Functioning / Co-ordination and Control of the department.
Pay: ₹18,000.00 - ₹25,000.00 per month
Benefits:
- Leave encashment
- Provident Fund
Experience:
- Hospital Purchase executive: 1 year (Preferred)
Location:
- Borivali, Mumbai, Maharashtra (Preferred)
Work Location: In person
