Procurement Expert

4 days ago


Chennai, Tamil Nadu, India Mindsprint Full time
Job Description

Mindsprint is seeking a skilled Procurement Expert to join our team in Supply Chain Management. This role requires a combination of procurement skills, supplier communication, and analytical expertise.

About the Role:

We are looking for a highly motivated individual with experience in procurement and supplier management. The successful candidate will play an essential role in supporting the efficient procurement of products and services, as well as managing MIS to ensure optimal performance.

Key Responsibilities:

  • Assist in developing and executing procurement strategies for products and services to ensure cost-effectiveness and alignment with organizational goals.
  • Collaborate with stakeholders to identify and evaluate potential suppliers.
  • Analyze spend data and procurement MIS to devise effective strategies.
  • Participate in the supplier selection process, evaluating potential suppliers for technical capability, financial stability, and reputation.
  • Identify potential suppliers, negotiate prices, payment & contract terms.
  • Sustain strong relationships with suppliers, ensuring they meet contractual obligations and deliver products/services on time and within budget.
  • Monitor and control procurement expenses, contributing to cost-saving initiatives without compromising quality.
  • Conduct cost-benefit analyses for procurement decisions and track budget allocations.
  • Evaluate procurement activities against relevant laws, regulations, and company policies.
  • Maintain effective communication with various stakeholders, including teams, senior management, and suppliers.
  • Prepare reports on procurement activities, supplier performance, and cost-saving initiatives.

Requirements:

  • Bachelor's degree in SCM or related field from Tier I/II Business School.
  • Minimum 2-3 years prior experience in procurement and supplier management.
  • Go-getter attitude and strong MIS analytical skills.
  • Basic knowledge of products, services, and industry trends.
  • Strong interpersonal and communication skills.
  • Attention to detail and ability to work collaboratively.
  • Hands-on experience working on SAP or Oracle is an added advantage.
  • A strong willingness to learn and develop procurement skills.

Estimated Salary: $60,000 - $80,000 per annum, depending on qualifications and experience.



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