Procurement Specialist

19 hours ago

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

As a procurement expert, you will play a critical role in managing supply chain operations to ensure timely delivery of quality materials while optimizing costs.

Key Responsibilities:
  • Supply Chain Strategy & Supplier Management
    • 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.
  • Engineering & 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.
  • Cost Control & Budget 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.
  • Logistics & Supply Chain Coordination
    • 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.
  • Compliance & Risk Management
    • Ensure compliance with industry standards, legal requirements, and company policies.
    • Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
    • Manage contract disputes, warranties, and claims in collaboration with legal teams.
  • Technology & Reporting
    • 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.

Besides your experience in procurement, we are looking for professionals who have strong negotiation and vendor management skills, proficiency in procurement software and Excel, and attention to detail with a focus on cost control and efficiency.

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