Procurement Coordinator
3 days ago
**Job Title**: Procurement Co-ordinaton
**Experience Level**: 3-5 years.
**Location**: Vadodara, Gujarat, India
**Shift Time**: US Shift
**Position Overview**
**Key Responsibilities**
**Global Coordination**
- Manage and coordinate procurement activities across multiple regions and global markets.
- Collaborate with internal teams and international stakeholders to ensure timely delivery of materials and services.
- Monitor global trends and adapt procurement strategies to align with market conditions.
**Vendor Management**
- Establish and maintain strong relationships with vendors and suppliers.
- Negotiate contracts, terms, and pricing to secure favorable conditions and ensure consistent product quality and supply reliability.
- Monitor vendor performance and compliance with agreed-upon terms and conditions.
- Address and resolve vendor-related issues promptly to maintain business continuity.
**Stock Management**
- Oversee and manage stock levels to ensure optimal inventory control and avoid overstocking or stock-outs.
- Collaborate with the warehouse and logistics teams to ensure smooth storage, movement, and tracking of goods.
- Conduct regular stock audits and reconcile any discrepancies.
- Implement efficient systems for stock rotation, quality control, and expiry management where applicable.
**Cost-Effectiveness**:
- Develop and implement cost-effective procurement strategies that reduce expenditure while maintaining high-quality standards.
- Analyze purchasing data and identify areas for cost reduction and efficiency improvements.
- Monitor market pricing trends to make informed decisions about sourcing and procurement.
- Ensure compliance with budget constraints and financial objectives related to procurement activities.
**General Duties**
- Maintain accurate and up-to-date procurement records and reports.
- Prepare procurement reports for management, highlighting key performance metrics such as cost savings, vendor performance, and inventory levels.
- Stay informed about industry developments, new products, and procurement best practices.
- Support the implementation of new procurement tools and systems to streamline operations.
**Qualifications & Skills**
- Bachelor's degree in Business, Supply Chain Management, or a related field (preferred).
- 3 to 5 years of experience in procurement, vendor management, or supply chain roles.
- Strong understanding of global procurement processes, stock management, and cost optimization strategies.
- Proficiency in procurement software, inventory management systems, Google Suite, and Microsoft Office Suite
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work independently and as part of a global team in a fast-paced environment.
- Strong analytical skills and attention to detail.
- Experience with international procurement and dealing with global suppliers.
- Familiarity with sustainable procurement practices.
- Certification in procurement (e.g., CPSM, CIPS) is a plus
**Job Types**: Full-time, Permanent
Pay: From ₹30,000.00 per month
**Benefits**:
- Health insurance
Schedule:
- Fixed shift
- Monday to Friday
- Night shift
**Experience**:
- Procurement: 3 years (preferred)
- Supply chain management: 3 years (preferred)
Work Location: In person
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