Procurement Officer

**Job description**

**Responsibilities**:

- Material Sourcing:

- Conduct thorough market research to identify potential suppliers and materials.
- Develop and maintain a robust supplier database with comprehensive supplier profiles.
- Collaborate with cross-functional teams to determine material requirements for ongoing and upcoming projects.
- Identify cost-effective and reliable sources for various materials while ensuring quality and compliance with organizational standards.

**2. Supplier Management**:

- Evaluate supplier performance and conduct regular performance reviews to ensure adherence to contract terms and quality standards.
- Build and maintain strong relationships with suppliers to foster better collaboration and resolve any issues that may arise.
- Negotiate contracts and terms with suppliers to secure favourable pricing, payment terms, and other related conditions.
- Monitor supplier market trends and dynamics to anticipate potential risks and opportunities.

**3. Procurement Processes**:

- Develop and implement efficient procurement strategies and procedures to optimize the sourcing and purchasing process.
- Oversee the procurement process from requisition to delivery, ensuring timely and accurate execution of purchase orders.
- Collaborate with internal stakeholders to forecast material demands and establish appropriate inventory levels. Work closely with the logistics team to ensure smooth transportation and delivery of materials.

**4. Compliance and Risk Management**:

- Ensure compliance with all relevant laws, regulations, and company policies during the procurement process.
- Identify potential risks and implement mitigation strategies to safeguard the supply chain and minimize disruptions.
- Stay informed about industry trends and developments to adopt best practices and innovative approaches to sourcing and procurement.

**5. Supply chain Management**:

- Develop and implement supply chain strategies to optimize inventory levels and ensure the availability of materials when needed.
- Monitor inventory levels and work closely with internal stakeholders to forecast material demands accurately.
- Coordinate with suppliers and internal teams to address supply chain constraints and mitigate potential disruptions.
- Implement measures to improve supply chain efficiency and reduce lead time

**Qualifications and Requirements**:

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field. Advanced certifications in procurement and supply chain will be an advantage.
- Proven experience as a Material Sourcing and Procurement Specialist or in a similar role within the manufacturing or related industry.
- Strong understanding of supply chain management principles, procurement strategies, and vendor management.
- Excellent negotiation, communication, and interpersonal skills.
- Analytical mindset with the ability to make data-driven decisions.
- Proficient in using procurement software and tools.
- Strong organizational and time management abilities to handle multiple projects simultaneously.
- Attention to detail and a commitment to accuracy in all procurement-related activities.
- Ability to work independently as well as collaboratively in a team environment.

**Salary**: ₹10,023.77 - ₹30,000.00 per month

**Benefits**:

- Cell phone reimbursement

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Ability to commute/relocate:

- Kozhikode, Kerala: Reliably commute or planning to relocate before starting work (required)

**Speak with the employer**
+91 8921634120