Procurement Director

1 week ago

Delhi, Delhi, India The Hiring Company Full time

About The Hiring Company:

Located in Delhi, our company operates in the Procurement department. As a key member of our team, you will report to the Head of Purchase or Supply Chain Manager. Our company is responsible for managing and overseeing procurement activities for the FMCG or Pharma industry.

About the Role:

We are seeking an experienced Procurement Manager to join our team. This role involves sourcing suppliers, negotiating contracts, managing inventory levels, and ensuring timely acquisition of goods and services to meet our needs while optimizing cost and quality.

Key Responsibilities:

Supplier Management

  • Identify and evaluate potential suppliers to ensure they meet our quality standards.
  • Develop and maintain strong relationships with existing suppliers to secure favorable contracts and pricing.
  • Negotiate terms and conditions with suppliers to optimize costs and improve supplier performance.
  • Monitor supplier performance and resolve any issues or disputes.

Procurement Strategy

  • Develop and implement procurement strategies aligned with our company's goals and objectives.
  • Analyze market trends and industry developments to identify new opportunities for cost savings and process improvements.
  • Ensure compliance with company policies and industry regulations.

Purchase Orders and Inventory Management

  • Oversee the creation and processing of purchase orders to ensure timely delivery of goods and services.
  • Monitor inventory levels and forecast future needs to ensure optimal stock levels.
  • Coordinate with inventory and warehouse teams to manage stock and avoid overstocking or stockouts.

Cost Management

  • Monitor and control procurement budgets to ensure we stay within allocated funds.
  • Identify opportunities for cost reduction and process efficiency.
  • Prepare and present cost analysis reports and recommendations.

Quality Assurance

  • Ensure that purchased products meet quality standards and regulatory requirements.
  • Address and resolve any quality issues with suppliers.
  • Conduct regular audits and evaluations of supplier performance.

Documentation and Reporting

  • Maintain accurate and up-to-date records of purchase orders, supplier agreements, and other procurement documents.
  • Prepare regular reports on procurement activities, including cost analysis, supplier performance, and inventory levels.
  • Provide insights and recommendations to senior management based on procurement data.

Team Management

  • Supervise and mentor procurement staff to enhance their skills and performance.
  • Provide training and support to team members to ensure they have the necessary skills to excel in their roles.
  • Foster a collaborative and productive work environment.

Salary and Benefits:

We offer a competitive salary of ₹1,200,000 per annum, along with a range of benefits including health insurance, retirement plan, and paid time off.

Qualifications and Experience:

We require a Bachelor's degree in Supply Chain Management, Business Administration, or a related field. A Master's degree or professional certification (e.g., CPSM, CPP) is preferred. You should have at least 5 years of experience in procurement or purchasing, preferably within the FMCG or Pharma industry.

Working Conditions:

This role requires working in an office environment with occasional travel to supplier sites or other company locations. You may be required to work extended hours during peak periods or special projects.

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