Strategic Procurement Expert

3 days ago

Guntur, Andhra Pradesh, India beBeeProcurement Full time ₹ 9,00,000 - ₹ 12,00,000

We are seeking a strategic Procurement Expert to oversee procurement operations and ensure timely delivery of quality materials while minimizing costs.

Key Responsibilities:1. Strategic Sourcing

Develop and implement procurement strategies to optimize cost, quality, and delivery timelines.

Identify, evaluate, and establish relationships with suppliers, manufacturers, and vendors.

Negotiate contracts, pricing, and terms with suppliers to secure the best value for the company.

Maintain a supplier database, ensuring continuous assessment of performance and compliance.

2. Technical Procurement

Work closely with engineering and project teams to understand technical requirements for materials and equipment.

Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.

Review and approve technical documents, material submittals, and compliance certifications.

Conduct market research to identify cost-effective alternatives and innovative materials.

3. Cost Management

Monitor procurement budgets and drive cost-saving initiatives without compromising quality.

Analyze procurement data and supplier performance to identify cost reduction opportunities.

Forecast pricing trends and market fluctuations to mitigate financial risks.

4. Supply Chain Optimization

Ensure timely delivery of materials by coordinating with suppliers and logistics teams.

Optimize supply chain processes to minimize delays and disruptions.

Oversee international and domestic shipping, customs regulations, and import/export requirements.

5. Risk Management

Ensure compliance with company policies, industry standards, and legal requirements.

Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.

Manage contract disputes, warranties, and claims in collaboration with legal teams.

6. Process Improvement

Utilize procurement software and ERP systems to streamline purchasing workflows.

Generate reports on procurement performance, supplier KPIs, and cost savings.

Implement digital tools to enhance procurement efficiency and transparency.

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