Procurement Operations Strategist
17 hours ago
Housr is a pioneering luxury co-living brand in India, revolutionizing the housing experience with cutting-edge living spaces and top-notch services.
We cater to millennials and working professionals, fostering a community of like-minded individuals who crave modern conveniences, social connections, and endless opportunities.
Job OverviewWe are seeking an accomplished Procurement Manager to oversee the procurement process and drive cost-effective initiatives, aligning with our operational and financial goals.
This role requires a seasoned professional with expertise in sourcing, supplier management, and strategic cost optimization.
Key Responsibilities:- Strategic Sourcing:
- Develop and execute sourcing strategies to reduce costs while maintaining quality and service standards.
- Build and sustain partnerships with suppliers through effective alliances and collaboration.
- Continuously improve and automate procurement processes for greater efficiency.
- Vendor Management:
- Identify, evaluate, and develop suppliers to ensure competitive pricing, quality, and delivery adherence.
- Negotiate terms and conditions with suppliers to secure advantageous agreements and best total acquisition costs.
- Perform market analysis to identify new sourcing opportunities and reduce dependency on single suppliers.
- Purchasing and Cost Control:
- Develop and implement purchasing strategies aligned with organizational objectives.
- Ensure cost-effective and favorable procurement of direct and indirect materials.
- Control procurement spending and foster a culture of long-term savings.
- Research and apply appropriate costing techniques to benchmark prices across commodities and items.
- Operational Excellence:
- Collaborate with internal stakeholders to understand their purchasing needs and ensure timely fulfillment.
- Manage inventory levels to meet production demands while minimizing excess.
- Monitor demand forecasts and adjust procurement plans accordingly.
- Prepare and manage budgets related to procurement activities.
- Compliance and Reporting:
- Oversee contract management, ensuring compliance with company policies and legal requirements.
- Develop selection criteria and conduct supplier analysis to rank and weight supplier performance.
- Prepare and analyze techno-commercial comparative statements for informed decision-making.
- Continuous Improvement:
- Ensure suppliers consistently meet cost, quality, and delivery benchmarks.
- Drive innovation in vendor development and sourcing strategies for finished products and raw materials.
- Establish and maintain annual rate contracts (ARC) for consumables and maintenance items.
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