Procurement Specialist

3 weeks ago


TelanganaRajasthanGoaKolkataJharkhandKarnatakaRanchiPatnaBangaloreHyderabadWarangalMysore, India iimjobs Full time

Role :
Procurement Specialist

Responsibilities:

  • Knowledge of Supply Chain process and procedures to be able to assist in measuring performance.
  • Maintain accurate procurement and item master records for audits and reporting purposes.
  • Reviews PRs and Catalog submissions for completeness and accuracy.
  • Conducts market research and collaborates with programs to ensure full compliance with the procedures, Corporate Purchasing Manual and the Item Master SOP.
  • Prepare and manage procurement documentation, including purchase orders, contracts, vendor agreements, and reports.
  • Conducts other transactional activity in support of the Global Supply Chain organization as needed.
  • Provide timely updates to inquiries and provides resolution when required.
  • Facilitates Request for Information (RFIs) actions to gather details for necessary progression.
  • Must adhere to the expectations of the Service Level Agreements and KPI Metrics
  • Proactively manages the distribution of Purchase Request to the Supply Chain professionals while monitoring completion.
  • Assists in identifying trends in the system of record that may be causing performance delays/bottlenecks within Supply Chain.
  • Be proficient in the accountable systems to assist with system testing, training, and resolving issues.
  • Performs other duties and assignments as required.
  • Develop and Implement Strategic plans for International Procurement.
  • Lead and manage a team of procurement professionals.
  • Set Performance expectations, provide feedback, and conduct performance evaluations.
  • Identify and evaluate potential international suppliers.
  • Negotiate on contracts and agreements with suppliers to ensure favorable terms and conditions.
  • Develop costeffective procurement strategies.
  • Ensure compliance with international trade laws and regulations.
  • Ensure that purchased goods and services meet quality standards.
  • Communicate effectively with internal departments and external suppliers.
  • Prepare and present reports on key performance indicators (KPIs) and procurement metrics.
  • Analyze data to identify trends, areas for improvement, and opportunities for cost savings.

Experience:

  • Minimum One year professional experience relating to subcontracting, purchasing, or item master.
  • Attention to detail and a focus on data accuracy.
  • Ability to multitask, prioritize, and meet deadlines in a fastpaced environment.
  • Knowledge of supply chain best practices and industry trends as it relates to cataloging and purchasing.
  • Working knowledge of the Federal Acquisition Regulations (FAR), contract law, purchasing policies and procedures a plus.
  • Professional experience relating to subcontracting or purchasing a plus.


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