Procurement Specialist
2 weeks ago
Company Overview
Infinitalent Consulting (P) Ltd is a leading provider of HR consulting services, specializing in permanent placements and temporary staffing solutions.
We are known for our expertise in matching the right talent to the right job opportunities, with over 51-200 employees expanding across major metro cities in India. Our headquarters are based in Bangalore.
Job Overview
We are hiring a Vendor Development Engineer to join our team at Infinitalent Consulting (P) Ltd. As a key member of our procurement team, you will be responsible for developing and maintaining relationships with vendors, negotiating contracts, and ensuring timely delivery of goods and services.
This is a full-time position based in Bengaluru, Karnataka, India. The ideal candidate will have a strong understanding of vendor development and procurement processes.
Qualifications and Skills
- Diploma or Bachelor's degree in mechanical engineering or a related field.
- 1-3 years of experience in vendor development or procurement.
- Strong negotiation and communication skills.
- Experience with SAP ERP and procurement systems.
- Knowledge of quotations, bargaining, and price negotiation.
- Ability to analyze and interpret delivery challans.
- Excellent problem-solving and decision-making abilities.
- Ability to work well in a cross-functional team.
- Attention to detail and strong organizational skills.
- Knowledge of vendor management best practices.
Roles and Responsibilities
- Develop and maintain relationships with vendors, suppliers, and subcontractors.
- Negotiate contracts, pricing, and payment terms with vendors.
- Conduct market research to identify potential vendors and maintain a vendor database.
- Evaluate vendor performance and resolve any issues or disputes.
- Collaborate with cross-functional teams to ensure timely delivery of goods and services.
- Manage vendor contracts and ensure compliance with company policies and procedures.
- Monitor market trends and make recommendations to improve vendor selection and management processes.
- Coordinate with internal stakeholders to assess their vendor requirements and provide support in vendor selection.
- Prepare and analyze reports on vendor performance, cost savings, and contract compliance.
- Stay updated on industry best practices and advancements in vendor management.
The estimated salary for this role is ₹6,50,000 - ₹8,00,000 per annum, depending on experience and qualifications. If you are a motivated individual looking to build a career in procurement, we encourage you to apply.
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