Procurement Strategist

2 days ago


Mumbai, Maharashtra, India beBeeStrategic Full time
Procurement Specialist

The Procurement Specialist is responsible for overseeing and optimizing the organization's procurement processes, ensuring cost-effective and efficient acquisition of goods and services. This role involves developing and implementing procurement strategies, managing supplier relationships, and collaborating with various departments to meet business needs.

This position plays a critical role in driving business growth by securing high-quality products and services while maintaining strong relationships with suppliers.

  • Develop and implement strategic sourcing plans that align with organizational goals.
  • Manage the end-to-end procurement process, from requisition to purchase order creation and vendor payment.
  • Negotiate contracts and agreements with suppliers to secure favorable terms and pricing.
  • Analyze spend data and market trends to identify opportunities for cost savings.
  • Ensure compliance with company policies, procedures, and relevant regulations.
  • Collaborate with cross-functional teams to understand business requirements and sourcing needs.
  • Implement and maintain procurement systems and tools to enhance efficiency and transparency.
  • Conduct regular performance evaluations of suppliers and manage vendor relationships.
  • Develop and track key performance indicators (KPIs) for procurement activities and vendor staff.
  • Identify and mitigate supply chain risks to ensure business continuity.


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