Procurement Lead

4 days ago

Chennai India Wenger & Watson Full time

Job Description

Key Responsibilities:

End-to-End Procurement Management (P2P Cycle):

- Oversee the entire procurement process, including Vendor Confirmation, Auto PO Fixation, Rush Orders, Vendor Master Data Management, Expediting, E-Sourcing, and Service Master Agreement creation.
- Manage Global Procurement and Sourcing from US-based suppliers.

Price and Data Analysis:

- Analyse supplier pricing to ensure the company meets budget expectations or report necessary adjustments to master data files.

Supplier Coordination:

- Ensure suppliers meet the required timing for materials.
- Advise internal teams about delivery delays as soon as they&aposre identified.

Purchase Requisition and Vendor Sourcing:

- Review purchase requisitions and identify appropriate sources for supply.
- Utilize E-Sourcing tools to create Service Master Agreements and manage contract terms.

Negotiation:

- Negotiate with suppliers on pricing, payment terms, and conditions to achieve cost savings for the business.

Team Leadership:

- Lead a team of 7-10 members, providing guidance and support for efficient operations.

Reporting and Analysis:

- Publish weekly and monthly reports (SLA dashboards, MIS reports, PowerPoint presentations) and send them to the supervisor.
- Ensure timely payment processing by collaborating with the finance department, resolving invoice discrepancies, and ensuring payments are in line with agreed terms.

Purchase Order Creation in SAP:

- Create and manage purchase orders in SAP to ensure proper documentation and tracking.

Expediting Orders:

- Expedite orders as needed to ensure timely delivery of goods, services, and works.

Basic Minimum Qualifications:

- Associate degree or higher (preferred).
- Progressive experience in purchasing, with exceptional communication and negotiation skills.
- Experience with data analysis using an enterprise procurement system.
- High-level proficiency in Microsoft Excel (ideal).
- Demonstrated track record of motivation and success.
- Experience in a laboratory setting or within the Bio/Life Sciences industry is preferred.
- Background in Operations or Supply Chain Management is a plus.

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