Procurement Executive

Year    GJ, IN, India

Job Description

•Role & responsibilities •

1. Procurement Planning:

- Develop and implement effective procurement strategies and procedures.

- Identify the company's material and service requirements in collaboration with various departments.

- Forecast demand and ensure adequate stock levels are maintained.

2. Vendor Management:

- Source, evaluates, and select suppliers based on price, quality, service, and delivery capability.

- Build and maintain relationships with vendors, negotiate terms, and manage contracts.

- Conduct vendor assessments, including performance reviews and audits.

3. Negotiation and Contracting:

- Negotiate favorable terms, conditions, pricing, and delivery schedules with suppliers.

- Prepare and review purchase orders, contracts, and agreements to ensure compliance with company policies.

- Manage contract renewals, terminations, and disputes as required.

4. Inventory Management:

- Monitor stock levels and ensure proper storage and handling of materials.

- Coordinate with the warehouse team to manage inventory control, reorder points, and stock replenishment.

- Conduct periodic audits of stock levels to identify discrepancies or improvements.

5. Cost Control and Budgeting:

- Monitor procurement costs and ensure purchases align with the company's budget and cost-saving objectives.

- Identify opportunities for cost reduction and implement savings initiatives.

6. Quality Assurance:

- Ensure all purchased goods and services meet the company's quality standards and specifications.

- Address any quality or delivery issues in collaboration with suppliers and internal stakeholders.

7. Compliance:

- Ensure compliance with company policies, legal regulations, and industry standards related to procurement.

- Maintain accurate procurement documentation, including purchase orders, invoices, contracts, and supplier evaluations.

8. Reporting:

- Prepare regular reports on procurement activities, vendor performance, and cost-saving initiatives.

- Analyze purchasing trends and prepare detailed reports for management.

9. Cross-Department Collaboration:

- Work closely with finance, production, operations, and other departments to ensure smooth workflow and alignment of procurement activities with company goals.

- Collaborate with logistics and shipping departments to ensure timely delivery and transportation of goods.

Keywords Self-Driven and Aggressive, dynamic, Computer Excel Word Power point, Social, good communication skills etc

Job Types: Full-time, Permanent

Pay: ?100,000.00 - ?400,000.00 per year

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift
• Monday to Friday

Supplemental Pay:

• Yearly bonus

Work Location: In person

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3470745
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    GJ, IN, India
  • Education
    Not mentioned
  • Experience
    Year