Procurement Specialist
6 days ago
At Autobacs India, we are seeking a highly skilled Procurement Manager to join our team. This is a key role that will play a crucial part in optimizing our procurement processes, ensuring the quality and cost-effectiveness of our automotive parts, and contributing to our business growth and success in the automotive industry.
Key Responsibilities:- Develop and implement procurement strategies tailored to the automotive industry, focusing on supplier selection, cost management, and risk mitigation.
- Identify, evaluate, and negotiate with suppliers to secure the best terms, quality, and delivery schedules, and build and maintain strong relationships with key suppliers.
- Manage the end-to-end procurement process for automotive parts and accessories, including sourcing, purchasing, and managing inventory levels.
- Negotiate and manage contracts with suppliers, ensuring compliance with terms and conditions, and review and approve purchase orders and contracts.
- Ensure that procured products meet the required quality standards and specifications, and collaborate with quality control teams to address any issues related to product quality.
- Monitor and analyze procurement costs to identify opportunities for cost savings and process improvements, and develop strategies to minimize procurement costs while maintaining product quality and supplier performance.
- Conduct market research to stay informed about industry trends, pricing, and supplier capabilities, and analyze market conditions to make informed procurement decisions.
- Work closely with cross-functional teams, including sales, inventory management, and logistics, to align procurement activities with overall business objectives.
- Maintain accurate records of procurement activities, including supplier performance, purchase orders, and contract terms, and prepare regular reports on procurement metrics and performance.
- Masters degree in Supply Chain Management, Logistics Management, Business Administration, Automotive Engineering, or a related field.
- 5 years of proven experience in procurement or supply chain management, preferably within the automotive industry.
- Strong negotiation skills with a proven track record of securing favorable terms with suppliers.
- Excellent analytical and problem-solving skills, with the ability to analyze market trends and procurement data to make strategic decisions.
- Strong understanding of procurement processes, contract management, logistics management, and inventory management.
- Proficiency with procurement software and tools, such as ERP systems (e.g. SAP or Oracle) and MS Office Suite.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with suppliers and internal teams.
- Ability to work independently and manage multiple tasks in a fast-paced environment.
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