Procurement Manager

7 days ago

Marol Mumbai Maharashtra, India Ennoble social innovation Full time ₹ 32,40,000 - ₹ 66,00,000 per year

Procurement Manager Key Responsibilities / Task List

1. Create Procurement Plans from Project Requirements

  • Analyze project requirements and develop a procurement plan.
  • Identify materials, services, and resources needed for the project.
  • Define timelines and delivery schedules based on project needs.

2. Identify, Onboard & Evaluate Vendors

  • Research and identify potential vendors that align with project requirements.
  • Onboard new vendors, ensuring compliance with organizational policies.
  • Evaluate vendors based on performance, quality, and pricing.

3. Request for Quotations (RFQ) & Cost Comparison

  • Prepare and issue RFQs to vendors for required products or services.
  • Collect quotes from multiple vendors and compare costs and terms.
  • Analyze RFQs to select the most cost-effective and reliable vendor.

4. Negotiate Costs, Delivery Terms, & Payment Terms

  • Engage with vendors to negotiate pricing, delivery timelines, and payment terms.
  • Ensure negotiated terms align with project goals and budget constraints.
  • Work to secure the best possible deal for the organization.

5. Issue Purchase Orders & Track Fulfillment

  • Generate and issue purchase orders based on vendor agreements.
  • Track the fulfillment of orders to ensure timely delivery.
  • Coordinate with vendors to ensure order accuracy and completeness.

7. Process Invoices & Coordinate with Finance Team

  • Review vendor invoices for accuracy and compliance with purchase orders.
  • Coordinate with the finance team for timely processing and payments.
  • Resolve any discrepancies in invoices or payment terms.

8. Generate Procurement MIS Reports & Spend Dashboards

  • Create regular Management Information System (MIS) reports for procurement activities.
  • Develop spend dashboards to track procurement costs and trends.
  • Use reports to identify potential savings opportunities and optimize procurement strategies.

*Technical Skills Required

  • Procurement Systems & Tools: ERP systems (SAP, Oracle, Tally ERP, Zoho, or similar).
  • MS Office & Google Suite: Strong Excel (pivot tables, VLOOKUP, dashboards), PowerPoint, and Word.
  • MIS & Reporting Tools: Ability to create procurement reports and dashboards.
  • Data Analysis: Ability to analyze spending patterns, vendor performance, and identify cost-saving opportunities.
  • Documentation Management: Experience in managing RFQs, POs, invoices, and procurement records.

*Soft Skills Required

  • Negotiation Skills: Ability to secure favorable terms while maintaining vendor relationships.
  • Communication: Strong verbal and written skills to interact with vendors, finance, and project teams.
  • Attention to Detail: Accuracy in purchase orders, invoices, and reporting.
  • Analytical Thinking: Evaluating vendor options, pricing, and procurement trends logically.
  • Time Management: Prioritizing procurement activities to align with project timelines.
  • Problem-Solving: Resolving invoice discrepancies, vendor delays, or supply chain issues proactively.

*Required Education

  • Bachelor's Degree (Mandatory)
  • Commerce / Business Administration / Management – Preferred for understanding financials, contracts, vendor management, and procurement processes.

Job Types: Full-time, Permanent

Pay: ₹45, ₹55,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Work Location: In person

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