Procurement Strategist

19 hours ago


Mumbai, Maharashtra, India Crystal Group Full time

Crystal Group: A Leader in Vendor Development

We are seeking a skilled Procurement Strategist to join our team at Crystal Group. In this role, you will be responsible for developing and executing strategies to optimize our vendor relationships and supply chain operations.

Estimated Salary: $80,000 - $110,000 per year, depending on experience and location.

Key Responsibilities:

  • Sourcing and Vendor Management:
  • Identify and evaluate potential vendors based on quality, cost, and delivery capabilities.
  • Negotiate terms and finalize agreements with new vendors to ensure compliance with company requirements.
  • Performance Monitoring:
  • Monitor vendor performance based on quality, delivery timelines, and service standards.
  • Conduct periodic assessments to ensure compliance with company requirements and identify opportunities for improvement.
  • Cost Optimization:
  • Negotiate pricing to achieve cost efficiency without compromising quality.
  • Identify opportunities for cost reduction and process improvement within the supply chain.
  • Documentation and Reporting:
  • Maintain detailed records of vendor agreements, contracts, and evaluations.
  • Generate reports on vendor performance and procurement activities to inform business decisions.

Requirements:

  • Bachelor's Degree: Business Administration, Supply Chain, or a related field.
  • Strong Negotiation Skills: Ability to negotiate effectively with vendors to achieve desired outcomes.
  • Communication Skills: Strong written and verbal communication skills to collaborate with cross-functional teams.
  • Technical Skills: Proficiency in MS Office and vendor management systems.
  • Experience: Prior experience in procurement or vendor development is preferred but not required.


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