Procurement Strategist

5 days ago


Nagpur, Maharashtra, India Vishvaraj Group Full time
Job Title: Procurement Strategist

We are seeking a skilled Procurement Strategist to join our team at the Vishvaraj Group in Nagpur.

Job Summary:

The successful candidate will be responsible for developing and executing strategic procurement plans to drive cost savings, improve efficiency, and enhance supplier relationships.

Key Responsibilities:
  1. Making and Developing purchasing strategies, contract strategies.
  2. Conduct Vendor, Contractor identification & Evaluation adding vendors in each category of Purchase, manage contractor and supplier selection process based on price, quality, support, capacity and reliability.
  3. Develop and maintain strategic relationships with key suppliers and contractors.
  4. Track and report key functional metrics to reduce expenses and improve effectiveness
  5. Craft negotiation strategies, doing Rate Analysis, Presenting Total Cost of Ownership for management approval and close deals with optimal terms
  6. Partner with stakeholders to ensure clear requirements documentation
  7. Forecast price and market trends to identify changes of balance in buyer-supplier power
  8. Perform cost and scenario analysis, and benchmarking
  9. Assess, manage and mitigate risks
  10. Seek and partner with reliable vendors and suppliers
  11. Determine quantity and timing of deliveries
  12. Monitor and forecast upcoming levels of demand
  13. Manage vendor and supplier selection process based on price, quality, support, capacity and reliability
  14. Support During Tendering with right costing.
Requirements:
  • A minimum of 12+ years of experience in a similar role
  • Experience of Working in EPC/PPP model project
  • Working experience of ERP/SAP
  • Excellent communication, negotiation, and interpersonal skills
Salary and Benefits:

Our salary range is ₹18.25 LPA to ₹31.74 LPA (approximately USD 22,910 - USD 39,370 per annum) depending on your qualifications and experience.

We offer a comprehensive benefits package, including medical insurance, retirement plan, paid time off, and opportunities for professional growth and development.



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