Key Roles and Responsibilities
- Vendor Sourcing and Selection
- Identify and evaluate potential suppliers.
- Develop and maintain relationships with reliable vendors.
- Conduct supplier audits and performance evaluations.
- Procurement Planning
- Analyze purchasing requirements based on production or business needs.
- Prepare procurement plans and purchase schedules.
- Ensure availability of materials without overstocking.
- Price Negotiation
- Negotiate prices, payment terms, delivery schedules, and contracts.
- Achieve cost savings while maintaining quality standards.
- Finalize purchase agreements and long-term contracts.
- Purchase Order Management
- Create and approve purchase orders (POs).
- Track order status and ensure timely delivery.
- Resolve discrepancies related to orders, invoices, or deliveries.
- Inventory Coordination
- Work closely with inventory and warehouse teams.
- Monitor stock levels and reorder materials as required.
- Minimize excess inventory and stock shortages.
- Supplier Relationship Management
- Build long-term partnerships with suppliers.
- Monitor supplier performance using KPIs such as quality, delivery, and service.
- Resolve supplier-related issues effectively.
- Cost Control
- Monitor procurement budgets.
- Identify opportunities for cost reduction and process improvement.
- Analyze market trends to secure competitive pricing.
- Quality Assurance
- Ensure purchased materials meet quality specifications.
- Coordinate with quality assurance teams to address supplier quality issues.
- Implement corrective actions when necessary.
Pay: ₹20,000.00 - ₹40,000.00 per month
Work Location: In person
