Strategic Inventory Procurement Specialist
1 week ago
Company Overview
Gamut HR Solutions is a nimble team of industry experts dedicated to delivering personalized HR solutions. With an employee base of 2-10 members, we specialize in providing tailored services to clients in Hyderabad and beyond.
Job Description
We are seeking a mid-level Inventory and Purchase Manager with a strong background in inventory and vendor management, as well as procurement. This is a full-time role that requires a minimum of 4 years and a maximum of 6 years of relevant work experience. The ideal candidate will have expertise in managing the entire supply chain efficiently and effectively.
Key Responsibilities
- Maintain optimal inventory levels to ensure continuous operations while minimizing costs.
- Develop and implement inventory control procedures and best practices.
- Source and evaluate suppliers for quality, cost, and reliability.
- Negotiate contracts and agreements with vendors to secure the best terms and pricing.
- Forecast demand and manage replenishment orders to ensure products are available when needed.
- Analyze inventory data to identify trends, variances, and areas for improvement.
- Coordinate with multiple departments to align inventory levels with production schedules.
- Prepare and present regular reports on inventory status, procurement activities, and vendor performance.
Requirements
- Inventory Management (Mandatory skill)
- Vendor Management (Mandatory skill)
- Procurement (Mandatory skill)
- Supply Chain Management: Ability to manage the entire supply chain efficiently and effectively.
- Forecasting: Skilled in anticipating future inventory needs and demand planning.
- Negotiation: Proven ability to negotiate contracts and deals with suppliers and vendors.
- Data Analysis: Strong analytical skills to interpret data and make informed decisions.
- Communication: Excellent verbal and written communication skills to liaise with stakeholders effectively.
Estimated Salary Range: ₹900,000 - ₹1,200,000 per annum based on location and experience.
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