Strategic Procurement Specialist

6 days ago

Tirupati, Andhra Pradesh, India beBeeProcurement Full time ₹ 90,00,000 - ₹ 1,20,00,000
Procurement Expert

As a key member of the procurement team, you will be responsible for managing strategic partnerships with suppliers to optimize cost, quality, and delivery timelines. Your expertise in procurement operations will ensure timely delivery of materials while maintaining focus on cost control and efficiency.

Procurement Strategy & Supplier Management:

  • Develop and implement effective procurement strategies to secure the best value for the organization.
  • Identify, evaluate, and establish long-term relationships with suppliers, manufacturers, and vendors.
  • Negotiate contracts, pricing, and terms with suppliers to drive cost savings and improve vendor performance.
  • Maintain accurate supplier databases, ensuring continuous assessment of performance and compliance.

Engineering & Technical Procurement:

  • Collaborate closely with engineering and project teams to understand technical requirements for materials and equipment.
  • Ensure purchased materials meet or exceed engineering specifications, industry standards, and safety regulations.
  • Review and approve technical documents, material submittals, and compliance certifications to ensure regulatory adherence.
  • Conduct market research to identify innovative materials and technologies that can enhance procurement operations.

Cost Control & Budget Management:

  • Monitor procurement budgets and develop strategies to minimize costs without compromising quality.
  • Analyze procurement data and supplier performance to identify opportunities for cost reduction and process improvement.
  • Forecast pricing trends and market fluctuations to mitigate financial risks and optimize procurement outcomes.

Logistics & Supply Chain Coordination:

  • Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
  • Optimize supply chain processes to minimize delays and disruptions.
  • Oversee international and domestic shipping, customs regulations, and import/export requirements.

Compliance & Risk Management:

  • Ensure compliance with organizational policies, industry standards, and legal requirements.
  • Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
  • Manage contract disputes, warranties, and claims in collaboration with legal teams.

Technology & Reporting:

  • Utilize procurement software and ERP systems to streamline purchasing workflows and improve operational efficiency.
  • Generate reports on procurement performance, supplier KPIs, and cost savings to inform business decisions.
  • Implement digital tools to enhance procurement transparency and stakeholder engagement.

Deliverables & Work Products:

  • RFQs/RFPs & PO Documentation
  • Order Tracking & Delivery Reports
  • Supplier Evaluation & Negotiation Summaries
  • Inventory & Cost Tracking Reports
  • Procurement Compliance & Audit Files

Requirements:

  • Experience in procurement (construction/fabrication industry preferred).
  • Strong negotiation & vendor management skills.
  • Proficiency in procurement software & Excel.
  • Attention to detail with a focus on cost control & efficiency.

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