Job Title: Procurement Specialist (5–10 Years Experience)
Experience: 5–10 Years
Location: Odisha
Employment Type: Full-Time
Job Summary
We are looking for an experienced Procurement Specialist with 5–10 years of expertise in strategic sourcing, vendor management, contract negotiation, and procurement operations. The ideal candidate will be responsible for ensuring cost-effective purchasing, maintaining supplier relationships, and supporting organizational objectives through efficient procurement practices.
Key Responsibilities
- Manage end-to-end procurement activities, including sourcing, purchasing, and supplier management.
- Develop and implement procurement strategies to optimize cost, quality, and delivery timelines.
- Identify, evaluate, and onboard new vendors while maintaining strong relationships with existing suppliers.
- Negotiate pricing, contracts, payment terms, and service agreements to achieve cost savings.
- Prepare and process Purchase Orders (POs) and ensure timely procurement of materials and services.
- Monitor inventory levels and coordinate with internal teams to ensure uninterrupted supply.
- Conduct market research to identify potential suppliers, industry trends, and pricing benchmarks.
- Ensure compliance with company procurement policies, legal requirements, and industry standards.
- Perform vendor performance evaluations and implement corrective actions when necessary.
- Collaborate with Finance, Operations, Production, and Project teams for procurement planning and budget management.
- Analyze procurement data and generate reports on spend analysis, supplier performance, and cost optimization initiatives.
- Handle import/export procurement documentation when required.
- Drive continuous improvement initiatives to enhance procurement processes and operational efficiency.
Required Skills & Qualifications
- Bachelor's degree in Supply Chain Management, Business Administration, Commerce, Engineering, or a related field.
- 5–10 years of relevant experience in Procurement, Supply Chain, or Strategic Sourcing.
- Strong negotiation and vendor management skills.
- Excellent understanding of procurement processes, purchase management, and supply chain operations.
- Proficiency in ERP systems such as SAP, Oracle, or Zoho (preferred).
- Advanced knowledge of MS Excel and procurement reporting tools.
- Strong analytical, problem-solving, and decision-making abilities.
- Excellent communication and stakeholder management skills.
- Ability to manage multiple procurement projects simultaneously while meeting deadlines.
Preferred Qualifications
- Experience in manufacturing, electronics, engineering, or technology industries.
- Knowledge of domestic and international sourcing practices.
- Certification in Procurement or Supply Chain Management (preferred).
- Familiarity with GST compliance, vendor agreements, and procurement audits.
Key Competencies
- Strategic Sourcing
- Vendor Management
- Contract Negotiation
- Cost Optimization
- Supply Chain Management
- Purchase Order Management
- Risk Assessment and Mitigation
- Inventory Planning
- Procurement Analytics
- Stakeholder Management
Pay: ₹15,000.00 - ₹30,000.00 per month
Work Location: In person
