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Procurement Intern

2 months ago

Erode, India Husk Power Systems Full time

Position objective:

The Procurement Intern is responsible for sourcing and purchasing goods and services for the organization. This role involves negotiating with suppliers, managing vendor relationships, and ensuring that procurement processes are efficient, cost-effective, and aligned with company policies and objectives.

Key Responsibilities Include:

Requirements:

• Supplier Management:

• Identify, evaluate, and select suppliers based on quality, cost, and delivery criteria. Develop and maintain strong relationships with suppliers and negotiate

• favorable terms and conditions.

• Monitor supplier performance and resolve any issues or discrepancies.

• Procurement Operations:

• Process purchase orders and ensure timely delivery of goods and services.

• Track and report key functional metrics to reduce expenses and improve the effectiveness of the procurement process.

• Coordinate with various departments to understand their material requirements and ensure timely procurement.

• Cost Management:

• Conduct cost analysis and market research to identify trends and opportunities for cost savings.

• Work on budget adherence, aiming for cost reduction while ensuring quality standards.

• Compliance and Documentation:

• Ensure that all procurement activities comply with company policies and legal requirements.

• Maintain accurate records of procurement activities, including purchase orders, invoices, and contracts.

• Prepare reports on procurement activities, costs, and supplier performance.

• Continuous Improvement:

• Identify opportunities for process improvements in the procurement function.

• Collaborate with the team to implement best practices and optimize procurement strategies.

Essential:

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.

• Fresher's from Tier 1 & Tier 2 colleges will be preferred.

• Strong negotiation and communication skills.

• Proficiency in procurement software and tools.

• Understanding of market dynamics and sound business judgment.

• Ability to manage multiple tasks and meet deadlines.

Skills:

• Strong analytical and problem-solving skills.

• Excellent organizational and time-management abilities.

• Attention to detail and a high level of accuracy.

• Ability to work independently and as part of a team.

• Knowledge of contract law and legal implications related to procurement.

Preferred Qualifications:

• Experience in [industry-specific knowledge]. • Certification in procurement or supply chain management (e.g., CPSM, CIPS)