Job Responsibilities:
ü Develop and implement purchasing strategies in line with the company’s objectives.
ü Collaborate with various departments to understand material and product requirements.
ü Forecast procurement needs based on historical data, market trends, and business projections.
ü Identify, evaluate, and select suppliers or vendors.
ü Negotiate contracts, terms, and pricing with suppliers to ensure the best value.
ü Build and maintain strong, long-term relationships with suppliers and vendors.
ü Review and processes purchase orders.
ü Ensure accurate documentation and compliance with company policies and regulations.
ü Monitor order progress and follow up on delays, quality issues, or shipping discrepancies.
ü Oversee inventory levels and ensure optimal stock levels to meet production or operational needs.
ü Regularly assess the performance of inventory systems and make adjustments as necessary.
ü Work with warehouse teams to ensure smooth inventory turnover and avoid overstocking or stockouts.
ü Monitor and control purchasing budgets to ensure financial goals are met.
ü Conduct regular cost analysis to find cost-saving opportunities without compromising quality.
ü Assess and monitor the performance of suppliers based on quality, delivery time, and compliance with contracts.
ü Take corrective actions or find alternative suppliers if necessary.
ü Ensure all purchasing activities comply with company policies, legal regulations, and industry standards.
ü Stay informed about changes in procurement laws, taxes, and import/export regulations.
ü Evaluate and manage risks in the supply chain, such as price fluctuations, supply disruptions, or geopolitical issues.
ü Communicate with internal teams (finance, production, logistics) to ensure the procurement process aligns with operational needs.
ü Facilitate smooth communication between the company and its suppliers to resolve issues quickly.
ü Conduct regular market research to identify new suppliers, product innovations, and emerging industry trends.
ü Stay up to date with new technologies and purchasing software to streamline processes and improve efficiency.
ü Continuously review and improve purchasing processes for better efficiency and cost-effectiveness.
Pay: ₹55,000.00 - ₹60,000.00 per month
Benefits:
Application Question(s):
- Do you have 7+ yrs of experience in Purchase?
- Do you have experience in Manufacturing industry?
- Rate yourself in English communication from 1 to 5 (keeping 5 as highest)
- Are you ok to work in Bhiwandi?
Work Location: In person
