Raw Material Sourcing Expert

3 days ago

Salem, Tamil Nadu, India beBeeprocurement Full time ₹ 9,00,000 - ₹ 12,00,000
Procurement Specialist

The role of Procurement Specialist plays a pivotal part in the success of our organization by overseeing the sourcing, purchasing, and inventory management of raw materials. This position is crucial for ensuring an uninterrupted supply of quality materials at competitive prices, optimizing procurement strategies, and maintaining robust supplier relationships to support production schedules.

Key Responsibilities:

  • Develop and execute procurement strategies for raw materials based on production demands and market conditions.
  • Identify, evaluate, and negotiate with suppliers to secure the best terms and maintain a strong supply chain.
  • Issue and manage purchase orders, track deliveries, and resolve any procurement-related issues to ensure timely availability of materials.
  • Monitor market trends and pricing fluctuations for steel products and adjust purchasing plans accordingly.
  • Collaborate closely with production, quality control, finance, and plant planning teams to align procurement with manufacturing needs and quality standards.
  • Manage inventory levels effectively to balance between availability and cost.
  • Ensure compliance with company procurement policies, safety standards, and regulatory requirements.
  • Maintain accurate procurement documentation and prepare reports on procurement performance, cost savings, and supplier evaluations.
  • Support vendor development and conduct periodic supplier audits for quality and delivery performance.
  • Assist in continuous improvement initiatives in the procurement process to enhance efficiency and cost-effectiveness.

Required Skills and Qualifications:

  • Bachelor's degree in engineering, Materials Management, Business Administration, or related field.
  • Proven experience in raw material procurement in steel or manufacturing industries, preferably related to construction or heavy engineering.
  • Strong knowledge of HRC, coated steel, hot rolled plates, and supply chain dynamics.
  • Excellent negotiation, communication, and interpersonal skills.
  • Ability to analyze market trends and make data-driven procurement decisions.
  • Proficient in procurement SAP Hana applications.
  • Strong organizational skills with an ability to handle multiple priorities and deadlines.
  • Knowledge of import/export procedures and supplier compliance is a plus.

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