Business Procurement Director
5 days ago
We are seeking an experienced Business Procurement Director to lead our procurement team and drive business growth through strategic sourcing and procurement initiatives.
Responsibilities- Purchasing Strategy Development: Develop and implement effective purchasing strategies, policies, and processes to enhance business performance and achieve organizational objectives.
- Cost Management: Analyze and manage procurement costs, leveraging cost-effective purchasing strategies to optimize expenditure and reduce waste.
- Risk Mitigation: Identify and mitigate potential procurement risks, developing contingency plans to ensure business continuity and minimize disruptions.
- Supplier Relationships: Foster and maintain strong relationships with suppliers, ensuring timely and cost-effective delivery of goods and services.
- Quality Assurance: Ensure the quality and compliance of procured goods, implementing quality control measures to guarantee customer satisfaction.
- Inventory Control: Maintain optimal inventory levels, minimizing excess or obsolete stock to reduce waste and optimize storage capacity.
- Procurement Oversight: Supervise the procurement of goods and services for the organization, ensuring timely and cost-effective delivery and meeting organizational needs.
- Vendor Management: Develop new vendors, maintain accurate vendor records, and select suitable suppliers to meet organizational requirements.
- PO Management: Generate purchase orders (POs), track PO performance, and maintain comprehensive purchase records to ensure efficient procurement processes.
- Communication: Collaborate with project heads and department personnel to assess purchase requirements, facilitating seamless communication and ensuring effective procurement planning.
- Price Analysis: Analyze price proposals from suppliers and company financial reports to negotiate the best possible prices and optimize procurement spending.
- Cost Savings: Achieve significant cost savings through optimized purchasing strategies and efficient procurement processes.
- Supplier Performance: Monitor and improve supplier performance and reliability to ensure timely and cost-effective delivery of goods and services.
- Inventory Efficiency: Enhance inventory management efficiency to minimize waste and optimize stock levels, reducing storage costs and improving supply chain resilience.
- Emergency Purchase Rate: Maintain a low emergency purchase rate, indicating effective procurement planning and minimization of disruptions.
The estimated salary for this role is ₹8,50,000 - ₹10,50,000 per annum, depending on experience and qualifications.
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