Procurement Executive

7 months ago

Mumbai Maharashtra, India Videojet Full time

**About Videojet Technologies and Veralto**:
**Videojet Technologies **is a global leader in product identification providing innovative coding and marking solutions that helps customers ensure product safety and improve their productivity.

**Videojet is a part of Veralto’s** Product Quality & Innovation companies, which also includes Esko, Linx, Pantone and X-Rite. Together, they help package and protect the world’s food, medicine, and essentials, tracing and authenticating billions of goods that travel the global supply chain every day.

**Veralto** is a global leader in essential technology solutions with annual revenue of nearly $5 billion and a proven track record of solving some of the most complex challenges we face as a society. Our industry-leading companies and globally recognized brands are building on a long-established legacy of innovation and customer trust to create a safer, cleaner, more vibrant future.

More important than what we do is **how we operate together** as a team across our global organization. Each of our businesses has a unique local culture which is inspired by variety of perspectives our diverse team members bring to the table. However, Veralto and all our businesses share the same foundation comprised of our values and passion for continuous improvement through the Veralto Enterprise System that enables our teams to bring our unifying purpose to life around the world.

We are currently seeking a “**Procurement Executive”** to join our team in** Mumbai.**

**Position Purpose**:This position is responsible for driving Imports procurement processes to ensure timely availability of product to meet the customer demand & organization plan of revenue, freight, and inventory. The position will be responsible to efficiently manage the on-time delivery leading indicators such as Supplier On-time delivery, On-time arrival, by working in close partnership with various partners such as Supplier, Freight Forwarder, Customs agents, Sales, Customer Service & Warehouse. The position will also provide real time visibility and analytical support to aide quick decision making to achieve the goal of customer satisfaction & business profitability.

**Primary Responsibilities**:

- Execute import procurement strategies to ensure timely and cost-effective sourcing of goods.
- Monitor supplier performance, resolve issues, and maintain strong relationships to ensure continuity of the supply chain.
- Stay updated with import regulations, tariffs, duties, and trade agreements to ensure compliance and minimize risks.
- Collaborate with internal stakeholders such as Supplier, Freight forwarder, Customs agents, logistics, Customer service and finance to optimize procurement processes and meet business objectives.
- Manage import documentation, including customs clearance, shipping documents, and permits, to facilitate smooth import operations.
- Maintain record of all key communications including but not limited to customs to help future audit queries.
- Maintain updated copies of Rate contract / pricing agreement with Supplier, Freight forwarders, Customs agents for ready reference from time to time.
- Help maintain & analyse procurement data, track key performance indicators, and prepare reports to assess performance and identify areas for improvement.
- Stay abreast of industry best practices, technological advancements, and innovations in import procurement.
- Timely ordering of material requirements as per demand / forecast to meet revenue & On-time delivery targets.
- Facilitate Daily Management activities related to Imports procurement.
- Address supply chain issues by communicating, escalating, and coordinating with various stakeholders for resolution.
- Submit regular & periodic update to the supply chain leadership team.
- Work with multiple vendors to determine the best deals for the company and evaluate pros and cons of each, based on price, quality, speed of delivery and other factors.
- Should be able to gather information to aid quick decision making.
- Demonstrate Basic math skills to analyse prices and get the best deals possible.
- Use good Negotiation skills to work with suppliers to create the best deals.

**Knowledge, Skills**
- Education - Bachelor’s degree/ Management diploma / degree in Supply chain / Operations / Logistics is an added advantage.
- Work experience - Minimum of 3-5 years of supply chain / logistics in an Indian or a multi-national company.
- Excellent competency in Microsoft Excel, PowerPoint
- Excellent negotiation, communication, and interpersonal skills
- Must have good communication skills & proficiency in English, Hindi
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
- Attention to detail and strong problem-solving skills.
- Certification in procurement or supply chain management is a plus.

Veralto Corporation and all Veralto Companies are committed to equal opportunity regardless of race, color, na

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