Procurement Associate

23 hours ago

Hyderabad Telangana, India Lotus Microwave technologies Pvt Ltd Full time

**Key Responsibilities**:

- Float **Request for Quotations (RFQs)** to vendors, evaluate received quotes, and issue **Purchase Orders (POs)** based on cost and technical considerations.
- **Expedite POs** to ensure timely delivery, resolve any delays or issues with suppliers, and maintain accurate records of all correspondence and transactions.
- Coordinate between **internal technical teams and vendors** for **fabrication** and **production drawing approvals** related to specific POs and suppliers.
- Monitor **supplier performance**, ensuring that delivery schedules are met and quality standards are maintained.
- Track and follow up on **global sourcing**, **imports and exports**, **customs clearance**, and **freight forwarding** processes to ensure a smooth flow of goods.
- Lead **negotiations** with suppliers to obtain competitive pricing, favorable terms, and optimal service levels.
- Collaborate with internal teams to ensure alignment on procurement needs, timelines, and any changes to requirements.
- Manage **vendor relationships**, address concerns or issues as they arise, and work to build long-term, mutually beneficial partnerships.
- Proactively identify and mitigate **risks** in the procurement process, including delays, supplier issues, and cost overruns.
- Ensure the entire procurement process is well-managed, from **PO issuance** to **delivery of goods to the site**.

**Reporting To**: Manager, Procurement
**Job Family**: Supply Chain

Pay: ₹150,000.00 - ₹220,000.00 per year

**Benefits**:

- Health insurance
- Paid sick time
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Overtime pay
- Performance bonus
- Shift allowance
- Yearly bonus

**Education**:

- Diploma (preferred)

**Experience**:

- total work: 1 year (required)

Work Location: In person

Application Deadline: 01/02/2025

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