Procurement Executive

2 weeks ago

Vadodara, India De Evaluation Full time

As an Industrial Project Procurement Executive in the chemical industry, your role involves overseeing and managing the procurement process specifically for projects related to chemical manufacturing, production, and distribution. Here is a detailed job description for an Industrial Project Procurement Executive in the chemical industry:
Procurement Strategy Development: Develop and implement procurement strategies specifically tailored to the chemical industry, considering factors such as raw material availability, regulatory compliance, and cost-efficiency. Align procurement strategies with the company's overall project goals and objectives.

Supplier Selection and Management: Identify and evaluate potential suppliers for chemical materials, equipment, and services required for the projects. Conduct supplier assessments, negotiate contracts, and establish long-term relationships with key vendors. Ensure compliance with quality standards, safety regulations, and environmental requirements.

Supply Chain Management: Optimize the supply chain for chemical project procurement, ensuring timely delivery of materials and equipment. Collaborate with logistics and transportation teams to plan and coordinate shipments, monitor inventory levels, and mitigate supply chain risks.

Cost Analysis and Budgeting: Conduct cost analysis for chemical project procurement, including price benchmarking, cost forecasting, and budgeting. Identify opportunities for cost savings, negotiate favorable terms and pricing with suppliers, and monitor procurement expenditures to ensure adherence to budgetary constraints.

Regulatory Compliance: Stay updated with relevant regulations, permits, and certifications pertaining to the chemical industry. Ensure that all procurement activities comply with local, regional, and international laws, safety standards, and environmental regulations.

Contract Management: Draft, review, and negotiate contracts and agreements with suppliers, including terms and conditions, pricing, delivery schedules, and quality standards. Monitor contract performance and manage any disputes or issues that arise during the procurement process.

Stakeholder Collaboration: Collaborate closely with project managers, engineers, and other stakeholders to understand project requirements and ensure timely procurement of materials and services. Communicate effectively with internal teams to provide procurement updates and address any issues or concerns.

Continuous Improvement: Identify opportunities for process improvement within the procurement function. Implement best practices, leverage technology solutions, and explore innovative procurement strategies to enhance efficiency, reduce costs, and optimize overall project outcomes.

Risk Management: Identify and mitigate procurement-related risks, such as supply chain disruptions, price fluctuations, or quality issues. Develop contingency plans and alternative sourcing strategies to minimize project delays and ensure continuity of operations.

Supplier Performance Evaluation: Regularly assess the performance of suppliers and vendors, considering factors such as quality, on-time delivery, pricing, and responsiveness. Collaborate with internal teams to address any performance issues and drive supplier improvement initiatives.

Experience - 3 to 4 Yrs

**Job Types**: Full-time, Regular / Permanent

**Salary**: ₹25,000.00 - ₹35,000.00 per month

**Benefits**:

- Cell phone reimbursement
- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Ability to commute/relocate:

- Vadodara, Gujarat: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 3 years (required)

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