Product Procurement
2 days ago
Job Overview
We are seeking a diligent and resourceful Product Procurement Specialist to manage the sourcing, negotiation, and purchase of products for our company. This role involves coordinating with suppliers to ensure timely, cost-effective, and high-quality procurement that meets our business needs.
Key Responsibilities
- **Sourcing Suppliers**: Research and evaluate potential suppliers, assessing quality, reliability, and price competitiveness.
- **Supplier Management**: Build and maintain strong relationships with existing suppliers, negotiating terms and monitoring performance to ensure compliance with company standards.
- **Inventory Coordination**: Work with inventory and logistics teams to maintain optimal stock levels and avoid shortages.
- **Order Placement and Tracking**: Process purchase orders, track shipments, and follow up with suppliers to ensure timely delivery.
- **Cost Optimization**: Negotiate contracts and seek cost-saving opportunities without compromising quality.
- **Quality Control**: Inspect incoming products as needed and resolve any quality issues in coordination with suppliers.
- **Market Research**: Stay up-to-date on market trends, new product offerings, and competitor pricing to inform procurement strategies.
- **Reporting and Analysis**: Track procurement data, prepare reports on spending, lead times, and supplier performance, and identify improvement opportunities.
**Qualifications**:
- Bachelor’s degree in Supply Chain Management, Business, or a related field.
- Previous experience in procurement, supply chain, or purchasing is preferred.
- Strong negotiation skills and ability to establish good supplier relationships.
- Proficiency in procurement software or ERP systems (SAP, Oracle, etc.) is a plus.
- Excellent analytical skills, with attention to detail and the ability to multitask.
- Strong organizational and time-management abilities.
**Benefits**:
- Competitive salary with potential performance bonuses.
- Opportunities for growth within the supply chain and procurement fields.
- Work with a collaborative team in a dynamic environment.
- Health, dental, and vision insurance (if applicable).
Pay: ₹25,000.00 - ₹30,000.00 per month
Work Location: In person
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