Professional 1 Procurement

3 weeks ago

Chennai, India Dedalus Full time
Job Description:

Essential Job Functions

  • Processes and completes moderately complex purchase orders; determines prices from available vendors which meet cost and quality guidelines; places orders; verifies receipt of purchase.
  • Maintains approved supplier/vendor database. Monitors supplier/vendor performance through the administration of supplier/vendor measurement programs; makes recommendations for additions to and deletions from the supplier/vendor database as appropriate.
  • Conducts negotiations with suppliers to obtain products at the best quantity and cost in order to ensure end-users needs are met; negotiates delivery, terms and conditions, and pricing. Identifies future procurement opportunities to further procurement strategies.
  • Coordinates with accounts payable to resolve any credit holds or complex pricing problems in order to ensure prompt payment and avoid delays to end user; coordinates with receiving departments to resolve receipt problems promptly so as to not cause any delay to end users.
  • Solicits suppliers/vendors for materials/products/services through formal Requests for Services (FRS) and/or Requests for Proposals (RFPs) and informal channels. Receives and evaluates proposals, quotations, and bids for acquisitions.
  • Maintains communication with suppliers during course of procurement action in order to ensure timely delivery in compliance with the requirements of the procurement document.
  • Coordinates the procurement of materials, products/services and equipment necessary for the operation of the business unit or assigned projects. Ensures suppliers/vendors adherence to industry standards, technical quality standards, and other corporate/business unit driven expectations.
  • Analyzes bids for specification compliance, prices, delivery commitments and past performance; utilizes online systems as a resource for procurement.

Basic Qualifications

  • Bachelor's degree or equivalent combination of education and experience
  • Bachelor's degree in business administration, inventory management or related field preferred
  • Three or more years of experience in purchasing or inventory management
  • Experience working with procurement practices
  • Experience working with contracts including request for proposals (RFP) and request for information (RFI)
  • Experience working with products and services within related market

Other Qualifications

  • Good communication skills
  • Good analytical and problem solving skills
  • Good personal computer and business solutions software skills
  • Negotiating skills to interact with vendors
  • Ability to understand financial analysis and implications with regard to contracts and suppliers

Work Environment

  • Office environment

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