Procurement Executive

6 days ago


Rajajinagar Bengaluru Karnataka, India Formosa Synthetics Pvt Ltd Full time

Assist in process of Procure-to Pay, generate, validate and maintain change of SAP Purchase Order according to business needs

Liaising with the PMI Procurement Centers worldwide to maintain and update local master data regarding regional/global frame contracts to be used

Develop and recommend specific sourcing scenarios on the basis of spend analysis findings, extensive knowledge of the relevant supply markets and consolidated business requirements

Assess and measure potential risks' exposures (supply, financial, image/reputation) and establish contingency plans to prevent and/or mitigate their impacts accordingly to risk management strategies defined by Procurement functions

Support Procurement Manager to determine price forecasts for budget cycles

Monitor customer (internal) and vendor (external) compliance with procurement Principles & Practices within the assigned category group(s)Negotiates and reviews long-term contracts with suppliers to ensure optimum cost and reliable supply

To source and on-board potential new suppliers where required, and to follow correct procedures and documentation when engaging suppliers

Ensure that all assigned supplier contracts are up to date and electronic and paper copies are stored appropriately

**Job Types**: Full-time, Permanent

Pay: ₹25,000.00 - ₹35,000.00 per month

Schedule:

- Morning shift

**Experience**:

- Procurement: 2 years (preferred)

Work Location: In person



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