Purchase Strategist

3 days ago


Navsari, Gujarat, India beBeeProcurement Full time ₹ 40,32,000 - ₹ 43,20,000
Purchase Professional

The primary role of this position is to oversee the procurement process, ensuring timely and cost-effective acquisition of materials and services. This involves developing and executing purchasing strategies, identifying and evaluating suppliers, negotiating contracts, and maintaining quality standards.

Key Responsibilities:
  • Strategic Procurement: Develop and implement procurement plans to optimize costs, maintain quality, and mitigate supply chain risks.
  • Supplier Management: Identify, evaluate, and select suppliers based on quality, reliability, cost-effectiveness, and ethical standards.
  • Negotiation and Contracts: Lead negotiations with suppliers to secure favorable pricing, payment terms, and long-term contracts.
  • Inventory and Demand Management: Collaborate with internal departments to forecast material needs, manage inventory levels, and prevent shortages or excesses.
  • Market Analysis: Conduct continuous market research to stay updated on industry trends, pricing fluctuations, and new sourcing opportunities.
  • Performance Monitoring: Track and report key purchasing metrics, including cost savings, supplier performance, and procurement efficiency.
Required Skills and Qualifications:
  • Bachelor's degree in business administration, Supply Chain Management, Logistics, or a related field.
  • Minimum 6 years of purchase activities and 3 years in a similar role.
  • Strong knowledge of sourcing, vendor management, and inventory control.
  • Excellent negotiation, networking, and interpersonal skills.
  • Proficiency in using procurement software, ERP systems, and Microsoft Office Suite.
  • Analytical mindset with the ability to work with figures and perform cost and scenario analysis.