Procurement Strategic Advisor

2 days ago

Allahabad, Uttar Pradesh, India beBeeStrategist Full time ₹ 10,00,000 - ₹ 17,00,000
Procurement Specialist Job Description

The Procurement Specialist plays a crucial role in ensuring timely delivery of quality materials while optimizing costs. The successful candidate will have experience in procurement, vendor management, and purchasing workflows.

Key Responsibilities:

  • Develop and implement procurement strategies to optimize cost, quality, and delivery timelines.
  • Identify, evaluate, and establish relationships with suppliers, manufacturers, and vendors.
  • Negotiate contracts, pricing, and terms with suppliers to secure the best value for the company.
  • Maintain a supplier database, ensuring continuous assessment of performance and compliance.
  • Work closely with engineering and project teams to understand technical requirements for materials and equipment.
  • Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.
  • Review and approve technical documents, material submittals, and compliance certifications.
  • Conduct market research to identify cost-effective alternatives and innovative materials.
  • Monitor procurement budgets and drive cost-saving initiatives without compromising quality.
  • Analyze procurement data and supplier performance to identify cost reduction opportunities.
  • Forecast pricing trends and market fluctuations to mitigate financial risks.
  • 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.
  • Ensure compliance with company 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.
  • Utilize procurement software and ERP systems to streamline purchasing workflows.
  • Generate reports on procurement performance, supplier KPIs, and cost savings.

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