Key Responsibilities1. Procurement Management
- Oversee complete procurement cycle from requirement planning to order execution
- Ensure timely placement of purchase orders and availability of goods
- Monitor stock levels and prevent shortages or overstocking
- Coordinate with manufacturing and warehouse teams for smooth operations
2. Vendor Management
- Identify, evaluate, and onboard new vendors
- Develop and maintain strong vendor relationships
- Finalize vendors based on cost, quality, and reliability
- Monitor vendor performance and take corrective actions when required
3. Cost Optimization & Negotiation
- Lead price negotiations to achieve cost-effective procurement
- Conduct vendor comparison and cost analysis
- Ensure best value through total landed cost approach (price + freight + taxes)
- Implement cost-saving initiatives
4. Team Management
- Lead and manage procurement team
- Assign tasks, monitor performance, and provide guidance
- Ensure team meets daily, weekly, and monthly targets
5. Order Planning & Execution
- Plan purchase requirements based on demand and stock levels
- Ensure timely order placement and follow-up for delivery
- Track all open orders and resolve delays
6. Issue Resolution
- Handle issues related to product quality, pricing discrepancies, and delivery delays
- Coordinate with internal departments and vendors for quick resolution
7. KPI & KRA Management
- Define and monitor procurement KPIs such as:
- Cost savings
- On-time delivery
- Vendor performance
- Order accuracy
- Ensure achievement of all assigned KRAs
8. Documentation & Reporting
- Maintain purchase records, contracts, and agreements
- Prepare MIS reports, cost analysis, and vendor performance reports
- Ensure compliance with company policies
Required Skills
- Strong negotiation and vendor management skills
- Leadership and team handling ability
- Cost analysis and strategic thinking
- Excellent communication and coordination
- Problem-solving and decision-making skills
- Proficiency in MS Excel and reporting
Qualification & Experience
- Graduate / MBA (Operations / Supply Chain preferred)
- Minimum 5+ years of experience in procurement/purchase role
- Prior experience in team handling is mandatory
Pay: ₹30,000.00 - ₹40,000.00 per month
Work Location: In person
