Procurement Executive

2 days ago

Sriperumbudur, India ST Advanced Composites Private Limited Full time

**Procurement Executive**

As a Procurement Executive, you will play a pivotal role in ensuring the seamless flow of materials and resources essential to our production process. You will collaborate closely with cross-functional teams to optimize supply-chain strategies, streamline procurement operations, and maintain strong business relationship with suppliers. Your negotiation expertise, good communication skills and proactive approach will contribute in delivering our cutting-edge products and services to our customers. This shall drive our commitment to delivering excellence. You will report directly to the Head of Business Support.

**Key Responsibilities**
- Develop and implement procurement strategies to meet production demands while optimizing costs.
- Identify, evaluate, and onboard new suppliers while managing relationships with existing ones.
- Collaborate with engineering and production teams to forecast material requirements accurately.
- Monitor inventory levels and ensure materials are ordered and replenished in a timely manner.
- Negotiate contracts, terms, and pricing agreements with suppliers to achieve favorable terms.
- Oversee logistics and shipping processes to ensure timely delivery of materials.
- Mitigate supply chain risks and implement contingency plans to address disruptions.
- Utilize data analytics to identify opportunities for process improvement and cost savings.
- Maintain accurate procurement and inventory records using relevant software systems.

**Essential**
- Bachelor’s degree in Business, Supply Chain Management, Engineering, or a related field.
- Proven experience in supply chain management, procurement, strategic sourcing, or buyer roles within the advanced composites manufacturing or related industry.
- Thorough understanding of contract management, service agreements, and compliance documents specific to the advanced composites sector.
- Exceptional communication and negotiation skills with a track record of achieving cost savings and favorable terms.
- Analytical mindset with the ability to forecast supply chain demands, ensuring a seamless flow of materials for production.
- Strong organizational skills and problem-solving abilities, paying meticulous attention to detail.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.

**Desired**
- 2+ years of experience in Customer Relations and Supply Chain Management specifically within the advanced composites or aerospace industry.
- Familiarity with ERP systems.
- Previous experience of using an ERP Next for materials resource planning in a manufacturing environment.
- Relevant educational background in business, supply chain management, or a related field.

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

Pay: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Food provided
- Provident Fund

Schedule:

- Day shift

**Experience**:

- total work: 1 year (preferred)

Work Location: In person

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