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Procurement Specialist

2 weeks ago


Kurnool, Andhra Pradesh, India beBeeProcurement Full time ₹ 15,00,000 - ₹ 25,00,000
About the Role:

We are seeking a skilled professional to join our procurement team in a full-time capacity. This role will be based at our corporate office in Hyderabad.

  1. Receive and review bill of materials from the design department, and request quotations from various vendors.
  2. Create a detailed cash flow plan to support project requirements, including regular updates on costs incurred.
  3. Analyze and compare quotations, and submit recommendations to management for decision-making purposes.
  4. Issue purchase orders to vendors with agreed-upon payment terms and delivery conditions.
  5. Collaborate with the accounts team to ensure timely releases of advances and payments to vendors as per agreed-upon terms.
  6. Maintain open communication with vendors to guarantee timely material delivery.
  7. Coordinate with vendors for material inspection upon readiness.
  8. Monitor vendor performance and track deliveries to ensure compliance with agreements.
  9. Enter vendor invoices into our SAP system for accurate tracking and reporting.
  10. Provide weekly financial project progress reports to management.
  11. Maintain an up-to-date database of vendors for easy reference and future use.
Requirements:
  • A graduate degree in Electrical or Mechanical Engineering, with 7-10 years of experience in procurement.
  • Proven knowledge of manufacturing processes, raw materials, and product applications.
  • Excellent negotiation, analytical, and problem-solving skills.
  • Proficiency in MS Office, SAP, and analytics software.
Desirable Skills:
  • Familiarity with product specifications, functions, and manufacturers.
  • Detailed understanding of manufacturing processes and raw materials.