Strategic Procurement Professional

5 days ago

Gulbarga, Karnataka, India beBeeCost Full time ₹ 9,00,000 - ₹ 15,00,000

Procurement Management Role:

We seek a skilled procurement professional to oversee the acquisition of materials, ensuring timely delivery and optimal cost management.

  • Develop strategic plans for procurement operations, focusing on quality, delivery timelines, and cost optimization.
  • Identify and establish relationships with suppliers, vendors, and manufacturers through thorough market research and evaluation.
  • Negotiate contracts with suppliers to secure the best value for the organization, considering pricing, terms, and conditions.
  • Maintain an accurate supplier database, continuously assessing performance and compliance.
  • Collaborate closely with engineering and project teams to understand technical requirements for materials and equipment.
  • Ensure that purchased materials meet engineering specifications, industry standards, and safety regulations.
  • Review and approve technical documents, material submittals, and compliance certifications.
  • Conduct market analysis to identify cost-effective alternatives and innovative materials.
  • Monitor procurement budgets and drive initiatives to minimize costs without compromising quality.
  • Analyze procurement data and supplier performance to identify opportunities for cost reduction.
  • Forecast pricing trends and market fluctuations to mitigate financial risks.
  • Coordinate with suppliers and logistics teams to ensure timely delivery of materials.
  • Optimize supply chain processes to minimize delays and disruptions.
  • Oversee international and domestic shipping, customs regulations, and import/export requirements.
  • Ensure compliance with organizational policies, industry standards, and legal requirements.
  • Assess procurement-related risks, including supplier financial stability and geopolitical risks.
  • Manage contract disputes, warranties, and claims in collaboration with legal teams.
  • Utilize procurement software and ERP systems to streamline purchasing workflows.
  • Generate reports on procurement performance, supplier KPIs, and cost savings.
  • Implement digital tools to enhance procurement efficiency and transparency.

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