Sourcing Executive

2 weeks ago

Pune, India Acme Services Full time

Job Description Key Responsibilities: 1. Supplier Identification & Evaluation: - Source and evaluate new vendors based on price, quality, delivery, and reliability. - Maintain a database of approved suppliers and keep supplier profiles updated. - Conduct supplier audits, site visits, or assessments as needed. 2. Procurement & Negotiation: - Request and analyze quotations from multiple vendors. - Negotiate pricing, payment terms, and delivery schedules. - Support in contract preparation and ensure all terms are adhered to. 3. Order & Inventory Coordination: - Raise purchase orders and follow up to ensure on-time delivery. - Coordinate with inventory, production, and warehouse teams for demand forecasting and order planning. - Monitor stock levels and reorder supplies as necessary. 4. Documentation & Compliance: - Ensure proper documentation of sourcing activities, contracts, and transactions. - Comply with organizational procurement policies and ethical sourcing practices. - Assist in resolving invoice discrepancies, claims, or quality issues with vendors. 5. Cost Analysis & Reporting: - Track and report on cost savings, supplier performance, and procurement metrics. - Provide inputs for budget planning and cost optimization initiatives. Key Requirements: - Education: - Bachelor's degree in Supply Chain, Business, Commerce, Engineering, or related field. - Experience: - 25 years of experience in sourcing or procurement roles. - Exposure to local and international sourcing is preferred. - Skills: - Strong negotiation and analytical skills - Knowledge of procurement processes and vendor management - Proficiency in MS Excel, ERP systems (SAP, Oracle, etc.) - Good communication and interpersonal abilities - Attention to detail and time management

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