Procurement Executive

2 weeks ago

Cherlapally Hyderabad Telangana, India Autocracy Machinery Pvt Ltd Full time ₹ 3,15,000 - ₹ 4,20,000 per year

Job Title: Procurement Executive

Qualifications:

  • Diploma in Mechanical Engineering or related field.
  • 4 – 6 years of experience in procurement, preferably in a manufacturing industry.

Job Description:

Objective:

As a Procurement Executive, your role is crucial in ensuring the efficient procurement of goods and services required for the smooth operation of our organization. You will be responsible for sourcing, negotiating, and purchasing materials, equipment, and services while maintaining the highest level of quality and cost-effectiveness.

Responsibilities:

  • Sourcing and Supplier Management:
  • Identify potential suppliers, vendors, and contractors for required materials and services.
  • Evaluate suppliers based on price, quality, delivery, and service to determine the best options.
  • Develop and maintain strong relationships with existing and potential suppliers to ensure timely delivery and favorable terms.
  • Negotiate contracts, terms, and pricing agreements with suppliers to achieve cost savings and quality assurance.

Procurement Process:

  • Coordinate with internal departments to understand their procurement needs and requirements.
  • Prepare and process purchase orders, ensuring accuracy and compliance with organizational policies and procedures.
  • Monitor and track orders to ensure timely delivery and resolve any issues or delays that may arise.
  • Maintain procurement records, such as contracts, supplier agreements, and purchase orders, in an organized manner.

Cost Management:

  • Analyze market trends, pricing, and cost factors to identify opportunities for cost savings and efficiency improvements.
  • Work closely with finance and budgeting teams to develop procurement budgets and forecasts.
  • Monitor expenditures and budgets to ensure adherence to financial targets and objectives.

Quality Assurance:

  • Collaborate with quality control and assurance teams to establish and maintain quality standards for procured materials and services.
  • Conduct regular quality assessments of suppliers and products to ensure compliance with specifications and requirements.

Compliance and Risk Management:

  • Ensure compliance with relevant laws, regulations, and procurement policies.
  • Identify and mitigate procurement-related risks, such as supply chain disruptions, quality issues, and contractual disputes.

Skills and Qualifications:

  • Diploma in Mechanical Engineering or related field.
  • Strong negotiation and communication skills.
  • Excellent analytical and problem-solving abilities.
  • Attention to detail and accuracy in procurement processes.
  • Ability to work effectively in a fast-paced environment and prioritize tasks.
  • Proficiency in procurement software and Microsoft Office suite.
  • Knowledge of supply chain management principles and practices.
  • Understanding of technical specifications and requirements for mechanical components and equipment.

Job Types: Full-time, Permanent

Pay: ₹25, ₹35,000.00 per month

Benefits:

  • Health insurance
  • Paid sick time
  • Provident Fund

Work Location: In person

Application Deadline: 30/05/2024

Expected Start Date: 01/10/2025

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