
Purchase Strategist
3 days ago
Navsari, Gujarat, India
beBeeProcurement
Full time
₹ 40,32,000 - ₹ 43,20,000
Purchase ProfessionalThe 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.
- 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.