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Executive
2 weeks ago
**Date**:17 Jan 2025
**Location**: IN
**Company**:Coats
**Executive - Procurement**
**Role Purpose**
To handle the strategic sourcing & transaction procurement of Service Contracts & Consumable Procurement.
**Principal Accountabilities and Key Activities**:
- To drive the category strategy for identified categories
- To identify & onboard vendors
- To negotiate Price, Payment Terms, and other T&C as per COATS Procurement Policy.
- Sourcing related Rentals of Office, Security Services, manpower Supply Contract Services, Facilities Management Services, Professional business services, Marketing and Media requirements and IT, HR & Admin related requirements.
- Vendor Count Consolidation - Develop innovative sourcing solutions including Integrated Supply Service providers / aggregators, and drive buying through Catalogue / e-Catalogue
- Creative methods of tail spend management.
- Generating Purchase orders for all materials and services (including imports)
- Raising request for vendor advance payment and create a ticket for new item codes (material master) in SNOW.
- Communication of PO and advance payment details to suppliers
- Following - up with suppliers for delivery.
- Supplier Performance Management.
- Drive Digitalisation within Procurement like e-RFQ, e-Auctions, e-Catalogues
**Education, Qualifications and Experience**
- Knowledge and understanding of:
- SAP MM Module
- Basic MS Excel required, Advanced Skills (preferred)
- P2P Processes
- Audit / Compliance Processes
- Digital Tools / Skills (preferred)
**Experience**
- B.E/B.Tech - Civil / Mechanical / Electrical
- Minimum of 5 years’ experience in Sourcing/Transaction (or) Vendor Management (or) Project Management.
**Skills & Abilities**
- Drive and Hunger to Succeed
- Persuasion / Negotiation
- Excellent communication skills, proficient in English and Tamil
- Detailing and result orientation
- Ability to work in matrix organisation