Senior Executive Procurement
1 day ago
Job Description & Responsibilities:
1. Procurement & Sourcing
- Identify and evaluate suppliers for Opex, Capex, calibration, and other operational requirements.
- Conduct market research to ensure competitive and reliable vendor sourcing.
- Develop and execute procurement strategies aligned with company goals.
2. Cost & Contract Management
- Lead negotiations with vendors for pricing and service terms.
- Manage contracts, SLAs, and ensure adherence to agreed terms.
- Initiate and drive cost-saving measures without compromising quality.
3. Supplier Relationship Management
- Build and maintain long-term partnerships with key suppliers.
- Monitor supplier performance, conduct audits, and address issues proactively.
- Negotiate long-term agreements and resolve conflicts when necessary.
4. Inventory & Demand Planning
- Monitor inventory levels and prevent stockouts or excess.
- Collaborate with internal departments to plan purchases based on consumption.
- Forecast demand and place timely procurement orders.
5. Team Leadership
- Mentor and supervise the procurement team.
- Conduct regular meetings to review and prioritize procurement needs.
- Promote a performance-driven and collaborative team culture.
6. Reporting & Analysis
- Prepare procurement reports and cost analysis for management.
- Track procurement KPIs and implement performance improvements.
- Provide insights to support strategic planning and decision-making
- Conduct market research to ensure competitive and reliable vendor sourcing.
- Develop and execute procurement strategies aligned with company goals.
Candidate Requirements:
- Education: Bachelor's degree in Supply Chain / Business Administration (MBA preferred)
- Experience: Minimum 2-3 years in procurement or supply chain roles, including leadership experience
- Skills:
- Strong vendor negotiation and contract management
- Proficiency in ERP systems, MS Excel, and Power BI
- Analytical mindset and excellent communication
- Proven track record in cost optimization and vendor development.
Job Type: Full-time
Pay: ₹360, ₹500,000.00 per year
Benefits:
- Health insurance
- Paid sick time
- Provident Fund
Work Location: In person
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