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Principal Buyer
3 months ago
Principal Buyer
Hyderabad, Telangana, India
Full time
Job Summary:
We are seeking an experienced Principal Buyer to execute supplier sourcing, supplier management, inventory management, contract negotiation, purchase orders and support the
Procure to Pay process to support the Procurement function within the company. These responsibilities help ensure that the organization receives the right materials, at the right time, at the best possible cost, while maintaining quality and ethical standards.
Responsibilities:
Support materials and equipment requirements and needs of the company.
Collaborate with key persons to ensure clarity of the specifications and expectations
Order execution Procure to Pay
Build relationships within the company and equipment and materials suppliers.
Supplier selection Management
Procurement strategy development
Cost management budgeting
Risk management
Manage the purchasing KPIs’ based on department needs.
Run procurement function for the company and execute purchase orders.
Manage purchasing contracts, supply agreements and import/export agreements.
Track and report key functional metrics to reduce expenses and improve effectiveness.
Control spending and build a culture of long-term saving on procurement costs.
Key skill required for the Principal Buyer
Strong negotiation and communication skills
Analytical thinking and problem-solving
Supplier relationship management
Knowledge of procurement software and tools
Understanding of market trends and economic factors
Financial acumen for budget management
Attention to detail for quality control and compliance
Qualifications:
MSc in Engineering, Business Management, Supply Chain Management, or related field.
Experience in Battery materials purchase
Experience in CAPEX equipment purchase
Experience in PO Management and Orders execution
Ability to manage logistics of all aspects of supply chain, from product development to the shipment of finished items
Strong communication skills and the desire to build lasting relationships
Experience in ERP systems – D365/SAP Procure to Pay module.
Understanding of accounting, finance, and legal contracts
