Procurement Strategist

12 hours ago

Tiruppur, Tamil Nadu, India beBeeProcurement Full time ₹ 80,00,000 - ₹ 1,20,00,000

Job Role: Procurement Specialist

The ideal candidate will be responsible for developing and executing procurement strategies to meet production demands and optimize supplier relationships.

Key Responsibilities:

  • Develop and Implement Procurement Strategies: Collaborate with cross-functional teams to develop and implement procurement strategies that align with business objectives.
  • Negotiate with Suppliers: Identify, evaluate, and negotiate with suppliers to secure the best terms and maintain a robust supply chain.
  • Purchase and Track Orders: Issue and manage purchase orders, track deliveries, and resolve any procurement-related issues to ensure timely availability of materials.
  • Monitor Market Trends: Monitor market trends and pricing fluctuations for steel products and adjust purchasing plans accordingly.
  • Collaborate with Teams: Collaborate closely with production, quality control, finance, and plant planning teams to align procurement with manufacturing needs and quality standards.
  • Manage Inventory: Effectively manage inventory levels to balance between availability and cost.
  • Ensure Compliance: Ensure compliance with company procurement policies, safety standards, and regulatory requirements.
  • Maintain Documentation: Maintain accurate procurement documentation and prepare reports on procurement performance, cost savings, and supplier evaluations.
  • Support Vendor Development: Support vendor development and conduct periodic supplier audits for quality and delivery performance.

Qualifications & Skills:

  • Bachelor's degree in engineering, Materials Management, Business Administration, or related field.
  • Proven experience in raw material procurement in steel or manufacturing industries, preferably related to construction or heavy engineering.
  • Strong knowledge of HRC, coated steel, hot rolled plates, and supply chain dynamics.
  • Excellent negotiation, communication, and interpersonal skills.
  • Ability to analyze market trends and make data-driven procurement decisions.
  • Proficient in procurement SAP Hana applications.
  • Strong organizational skills with an ability to handle multiple priorities and deadlines.
  • Knowledge of import/export procedures and supplier compliance is a plus.

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