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Procurement Manager
1 month ago
Job Description:
- No. of open positions: 1
- Experience Required: 7-10 Years
- Qualification: Engineering from a reputed University (Electrical or Mechanical)
Roles and Responsibilities for Regional Procurement Buyer:
- Collaborate, collect inputs, float RFQ, negotiate with vendors, and process purchase orders as per defined SLA.
- Support contracts/bidding team to get optimum vendor cost to improve hit ratio.
- Work with vendors to sign annual rate contracts for major spend categories and identify opportunities for cost reduction.
- Maintain and circulate MIS for the regional business and review with CFT monthly.
- Own a complete P2P cycle for the region to support seamless business operations.
- Take complete charge of all third-party (trading) materials delivery and installation by vendors. Visit the vendors' premises as and when required to ensure the delivery performance is always maintained at 100%.
- Work on continuous improvement and develop innovative ideas to reach potential cost savings.
- Collaborate with internal stakeholders and support them for all vendor-related issues.
- Coordinate with the QC team for all incoming project materials inspection and handle rejections properly.
- Carry out new vendor assessments with all proper due diligence done and onboard them on a need basis.
- Prepare Quarterly vendor performance ratings in terms of Quality, Cost, & delivery, and communicate with vendors.
- Keep updating the approved vendor list based on the vendor ratings/performance of existing vendors and the addition of new vendors for the region.
- Act as a regional procurement business partner and ensure all the procurement-related coordination work is taken care
