Supply Chain Procurement Professional

1 day ago

Chennai, Tamil Nadu, India beBeeProcurement Full time ₹ 12,00,000 - ₹ 20,00,000

Job Title: Procurement Specialist

The role of the Procurement Specialist is to oversee the procurement of goods and services to ensure smooth supply chain functioning. This position involves managing supplier sourcing, negotiation, procurement strategy, inventory management, and cost optimization.

Key Responsibilities:
  • Procurement Process Management: Supervise the entire procurement process, including identifying needs, creating purchase requisitions, obtaining quotes, negotiating terms, and issuing purchase orders. Ensure that all procurement activities align with company policies and procedures, and streamline workflows for efficiency.
  • Supplier Relationship and Vendor Management: Identify and select suppliers based on business requirements, quality standards, and cost-effectiveness. Negotiate supplier contracts, terms, and pricing agreements to establish favorable conditions and long-term partnerships.
  • Inventory and Stock Management: Monitor inventory levels to maintain optimal stock levels, minimizing stockouts and excess inventory. Work closely with logistics and warehouse teams to manage inventory replenishment, ensuring timely delivery to meet production or operational schedules.
  • Cost Control and Budget Management: Support cost optimization initiatives by identifying opportunities to reduce procurement costs and improving procurement efficiency. Track procurement spend against budget and report variances, collaborating with internal teams to stay within financial targets.
  • Risk Management and Compliance: Ensure that all procurement activities comply with company policies, industry regulations, and legal requirements. Assess and manage risks associated with supply chain disruptions, such as delays, price fluctuations, and quality issues.
  • Data Analysis and Reporting: Analyze procurement data to identify trends, inefficiencies, and areas for improvement.
Benefits:

Competitive salary. Upto 4+ Years experience required.

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