Procurement Strategist

3 days ago


Bengaluru, Karnataka, India Talent Corner Full time

Job Overview


Talent Corner is seeking a highly skilled Procurement Strategist to join our team. In this role, you will be responsible for implementing cost control strategies to support business growth.



About the Role

This is an exciting opportunity to work with a dynamic company that values innovation and excellence. As a Procurement Strategist, you will play a key role in achieving creditor days and sustaining cash flow.



Key Responsibilities

  • Develop and implement overall cost control strategies to support business growth
  • Achieve creditor days to sustain cash flow
  • Maintain just-in-time inventory management
  • Identify alternate sources for major cost items
  • Develop and manage contractors


Operations Control

The daily operations control will involve:



  • Planning and managing inventory levels based on ABC and XYZ analysis
  • Sourcing new parts or subcontractors when needed
  • International vendor development
  • Commercial negotiations
  • Negotiating commercial terms with vendors to improve creditor days
  • Managing import and export formalities
  • Customs bonded manufacturing formalities and compliances
  • Contract management with vendors
  • Providing strategic advice to the Business Head
  • Project-wise cost tracking and analysis
  • Updating management information systems (MIS)


Requirements

We are looking for a candidate with experience in ERP, GST, customs formalities, and job works. The ideal candidate should have handled a team size of 3-5 and managed daily tasks in areas like purchase requests, RFQs, quote analysis, purchase order approvals, inventory management, E-way bills, and more.



Salary and Benefits

The estimated salary for this role is ₹8,50,000 - ₹10,00,000 per annum, depending on experience and qualifications.



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