Lead - Capex Procurement (Projects)

3 weeks ago


Gurgaon, Haryana, India V-Mart Retail Ltd. Full time
Procurement Strategy and Policy Implementation

Develop and execute a comprehensive procurement strategy, incorporating predictive planning to ensure timely acquisition of goods and services.

Key Responsibilities:
  • Create and implement Key Performance Indicators (KPIs) to measure procurement efficiency and effectiveness.
  • Maintain expertise in procurement processes, supporting growth through new project initiatives.
  • Analyze macro trends in supplier and contract base, informing proactive strategies for improvement.
  • Nurture key relationships with suppliers and customers, identifying opportunities for training and development within the department.

Quotation Review and Negotiation: Conduct thorough reviews of quotations, negotiate terms in accordance with company policy and conditions, and obtain necessary approvals.

Procurement File Management and Purchasing Activity Tracking: Maintain accurate records of procurement files and monitor purchasing activity to ensure adherence to established protocols.

Supplier Compliance and Relationship Management: Ensure suppliers meet site and company safety requirements, manage vendor relationships, and collaborate in building effective partnerships.

Purchasing Strategy Development and Execution: Assist in developing and implementing purchasing strategies for products, ensuring timely and cost-effective acquisition while maintaining quality standards.

Audit and Financial Administration: Contribute to departmental audits, liaise with the Accounts Department to ensure accurate and timely payment of invoices, and help secure agreements that benefit the business.

Requirements:
  • 8-12 years of experience in procurement or a related field.
  • Graduate or MBA degree.
  • Strong initiative, organization, and reporting skills, with ability to work independently and prioritize tasks effectively.
  • Excellent team working, vendor management, and goal setting abilities.
  • Detailed knowledge of costing and quality norms.


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