Principal Buyer

2 months ago

hyderabad, India Connect Tech+Talent Full time

Principal Buyer

Hyderabad, Telangana, India

Full time


Job Summary:

We are seeking an experienced Principal Buyer to execute supplier sourcing, supplier management, inventory management, contract negotiation, purchase orders and support the

Procure to Pay process to support the Procurement function within the company. These responsibilities help ensure that the organization receives the right materials, at the right time, at the best possible cost, while maintaining quality and ethical standards.


Responsibilities:

Support materials and equipment requirements and needs of the company.

Collaborate with key persons to ensure clarity of the specifications and expectations

Order execution Procure to Pay

Build relationships within the company and equipment and materials suppliers.

Supplier selection Management

Procurement strategy development

Cost management budgeting

Risk management

Manage the purchasing KPIs’ based on department needs.

Run procurement function for the company and execute purchase orders.

Manage purchasing contracts, supply agreements and import/export agreements.

Track and report key functional metrics to reduce expenses and improve effectiveness.

Control spending and build a culture of long-term saving on procurement costs.


Key skill required for the Principal Buyer

Strong negotiation and communication skills

Analytical thinking and problem-solving

Supplier relationship management

Knowledge of procurement software and tools

Understanding of market trends and economic factors

Financial acumen for budget management

Attention to detail for quality control and compliance


Qualifications:

MSc in Engineering, Business Management, Supply Chain Management, or related field.

Experience in Battery materials purchase

Experience in CAPEX equipment purchase

Experience in PO Management and Orders execution

Ability to manage logistics of all aspects of supply chain, from product development to the shipment of finished items

Strong communication skills and the desire to build lasting relationships

Experience in ERP systems – D365/SAP Procure to Pay module.

Understanding of accounting, finance, and legal contracts

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