Key Responsibilities:
- Manage end-to-end procurement activities for domestic and international sourcing.
- Develop and implement procurement strategies to ensure cost-effective purchasing and uninterrupted material availability.
- Conduct market research and supplier visits to identify new products, sourcing opportunities, emerging market trends, and potential vendors.
- Identify, evaluate, onboard, and develop multiple suppliers to ensure competitive pricing, quality, reliability, and continuity of supply.
- Build and maintain strong relationships with domestic and international suppliers across key sourcing regions.
- Negotiate pricing, payment terms, lead times, Incoterms, and commercial agreements to achieve the best value for the organization.
- Prepare and process Requests for Quotation (RFQs), purchase orders, and procurement contracts.
- Maintain historical pricing records and perform cost analysis to support strategic sourcing decisions.
- Coordinate import procurement activities, including supplier communication, shipment follow-ups, freight coordination, customs documentation, and import compliance.
- Manage import documentation, including Commercial Invoices, Packing Lists, Certificates of Origin, Bill of Lading/Air Waybill, and other statutory documents.
- Calculate and analyze landed costs, including freight, duties, taxes, insurance, and other import-related expenses.
- Forecast inventory requirements based on demand trends, procurement lead times, consumption patterns, and business forecasts to ensure timely procurement and prevent stock shortages or excess inventory.
- Collaborate with internal stakeholders to align procurement plans with inventory requirements and business demand.
- Evaluate supplier performance on quality, cost, delivery, responsiveness, and service levels, and implement corrective actions where required.
- Monitor supplier compliance with contractual obligations, quality standards, and company procurement policies.
- Develop sourcing strategies to reduce procurement costs, improve supplier performance, and mitigate supply risks.
- Maintain procurement records, vendor databases, contracts, and documentation in accordance with company policies.
- Resolve supplier-related issues, including quality concerns, delivery delays, shortages, and commercial disputes.
- Prepare and present procurement MIS reports, spend analysis, vendor performance reports, procurement KPIs, inventory forecasting reports, and cost-saving initiatives to management.
- Lead, mentor, and develop the procurement team while driving process improvements and procurement best practices.
- Ensure compliance with company procurement policies, statutory regulations, ethical sourcing standards, and internal controls.
Pay: ₹35,000.00 - ₹50,000.00 per month
Benefits:
- Health insurance
- Paid time off
- Provident Fund
Work Location: In person
