Procurement Manager

4 weeks ago


Pune, India Rieco Industries Limited Full time

Responsibilities:

1. Procure materials required as per drawing for day-to-day operations and ongoing projects in accordance with company guidelines and budgets.

2. Place purchase orders with approved suppliers, ensuring accuracy and timeliness of deliveries.

3. Monitor inventory levels and reorder points to maintain adequate stock levels while minimizing excess inventory.

4. Coordinate with internal departments such as projects, engineering , production, maintenance, and logistics to determine material requirements and priorities.

5. Evaluate supplier quotations, negotiate pricing and terms, and select the most suitable vendors based on quality, cost, and delivery performance.

6. Track and expedite orders as necessary to ensure on-time delivery and minimize disruptions to operations.

7. Resolve issues related to material quality, quantity, or delivery discrepancies with suppliers and internal stakeholders.

8. Maintain accurate records of purchase transactions, supplier contracts, and pricing agreements.

9. Assist in the development and implementation of procurement strategies to improve efficiency, reduce costs, and mitigate risks.

10. Stay informed about market trends, pricing fluctuations, and new sourcing opportunities to optimize purchasing decisions.


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