Procurement Executive

4 days ago

Andheri Mumbai Maharashtra, India Flo Sleep Solutions Pvt Limited Full time

**Procurement Management**:

- Source and evaluate suppliers, products, and services to meet organizational needs.
- Negotiate contracts, terms, and pricing with suppliers to ensure cost-effective and timely procurement.
- Place and track purchase orders, ensuring timely delivery and adherence to specifications.
- **Supplier Relationship Management**:

- Develop and maintain positive relationships with suppliers and vendors.
- Monitor supplier performance, addressing any issues related to quality, delivery, or service.
- Conduct supplier audits and assessments to ensure compliance with company standards and regulations.
- **Cost Management**:

- Analyze market trends and pricing to make informed purchasing decisions and achieve cost savings.
- Identify opportunities for cost reduction and process improvements in the procurement process.
- Prepare and manage procurement budgets and reports.
- **Inventory and Logistics**:

- Collaborate with inventory management to ensure adequate stock levels and minimize shortages or excesses.
- Coordinate with logistics teams to manage the delivery and distribution of goods.
- **Compliance and Documentation**:

- Ensure all procurement activities comply with company policies, legal requirements, and ethical standards.
- Maintain accurate records of procurement transactions, contracts, and supplier information.
- Prepare and present reports on procurement activities, including spend analysis and performance metrics.
- **Process Improvement**:

- Continuously evaluate and improve procurement processes and practices.
- Implement best practices and leverage technology to enhance efficiency in procurement activities.

**Qualifications**:

- Bachelor’s degree in Engineering, Supply Chain Management, Procurement, or a related field.
- Proven experience in procurement, purchasing, or supply chain management.
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and tools (e.g., ERP systems, Microsoft Office Suite).
- Effective communication and interpersonal skills.
- Ability to manage multiple priorities and work independently.

**Preferred Skills**:
**Benefits**:

- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Performance bonus

Work Location: In person

Application Deadline: 25/08/2024

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