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Associate Buying Coordinator- Wells Fargo, Hyderabad

4 months ago

Hyderabad, India Wells Fargo Full time
Job Requirements

Job Title: Associate Buying Coordinator

Company Name: Wells Fargo

Location: Hyderabad, Telangana

Salary: â¹7,24,723 per year

Employment Type: Full-time


Job Description:

Wells Fargo is seeking an enthusiastic and detail-oriented Associate Buying Coordinator to join our team in Hyderabad. As an Associate Buying Coordinator, you will play a vital role in supporting the buying and procurement activities of our organization. You will assist in the coordination of purchasing processes, maintain accurate records, and ensure timely delivery of goods and services. This is an excellent opportunity to contribute to a global organization and develop your career in procurement.


Responsibilities:

- Assist in the buying process, including sourcing, bidding, and supplier selection.

- Coordinate with internal stakeholders to understand their requirements and ensure timely delivery of goods and services.

- Maintain accurate records of purchase orders, contracts, and other procurement documents.

- Monitor supplier performance and resolve any issues or discrepancies.

- Assist in negotiating terms and conditions with suppliers to optimize costs and quality.

- Conduct market research to identify potential vendors and stay updated with industry trends.

- Collaborate with cross-functional teams to support strategic sourcing initiatives.

- Ensure compliance with company policies, procedures, and regulatory requirements.

- Participate in supplier evaluation and qualification processes.

- Contribute to continuous improvement efforts in the procurement function.


Requirements:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.

- Prior experience in procurement, purchasing, or supply chain is preferred.

- Strong analytical and problem-solving skills.

- Excellent communication and interpersonal skills.

- Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.

- Attention to detail and ability to manage multiple tasks simultaneously.

- Ability to work collaboratively in a team environment.

- Knowledge of procurement processes and best practices.

- Familiarity with sourcing tools and systems is a plus.

- Strong ethical and professional conduct.


FAQs:

Q: What are the primary responsibilities of an Associate Buying Coordinator?

A: The primary responsibilities of an Associate Buying Coordinator include assisting in the buying process, coordinating with stakeholders, maintaining records, monitoring supplier performance, and supporting strategic sourcing initiatives.


Q: What qualifications are required for this position?

A: A bachelor's degree in Business Administration, Supply Chain Management, or a related field is required. Prior experience in procurement or supply chain is preferred.


Q: Is familiarity with sourcing tools and systems necessary?

A: While familiarity with sourcing tools and systems is a plus, it is not a mandatory requirement. However, knowledge of procurement processes and best practices is essential.