Executive/ Manager- Procurement

3 hours ago

Kolkata, West Bengal, India Technocon Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Description:

We are looking for a dynamic Procurement Manager/ Executive to oversee the procurement and supply chain operations of our company. As the Procurement Manager, you will be responsible for ensuring the efficient sourcing and purchasing of materials and services that meet quality standards, cost objectives, and timely delivery. You will play a key role in driving cost-efficiency initiatives while maintaining strong vendor relationships and ensuring compliance with organizational procurement policies.

Key Responsibilities:

  • Procurement Strategy Development: Develop and execute procurement strategies aligned with the company's goals and objectives. Identify cost-effective suppliers and negotiate long-term contracts for key materials and services.
  • Vendor Management: Build and maintain strong relationships with suppliers, negotiating favorable terms and resolving issues promptly. Monitor supplier performance and manage supplier risk.
  • Sourcing & Purchasing: Oversee sourcing activities, including the identification, selection, and evaluation of suppliers. Manage the end-to-end procurement process to ensure timely and cost-effective delivery of goods and services.
  • Budget & Cost Control: Manage procurement budgets, monitor spending, and implement cost-saving initiatives while ensuring the quality and quantity of materials and services are met.
  • Inventory Management: Coordinate with inventory teams to maintain optimal stock levels and avoid supply chain disruptions.
  • Compliance & Reporting: Ensure compliance with internal procurement policies, external regulations, and ethical sourcing standards. Provide regular reports on procurement activities, cost savings, and supplier performance.
  • Process Improvement: Continuously assess procurement processes for improvement opportunities, implementing best practices and streamlining workflows for greater efficiency.
  • Cross-functional Collaboration: Work closely with departments such as Finance, Operations, and Logistics to ensure smooth supply chain operations.

Skills & Qualifications:

  • Education: Bachelors degree in Engineering (Mechanical, Electrical or Civil), Supply Chain Management. A Masters degree is a plus.
  • Experience: Min 2-3 years of experience in procurement for Executive level. For the managerial role, at least 6-8 years of experience is required with min. 2 years in a managerial role, preferably within manufacturing industry.
  • Strong Negotiation Skills: Proven ability to negotiate favorable contracts, resolve conflicts, and manage vendor relationships effectively.
  • Analytical Skills: Ability to analyze market trends, supplier performance, and data to make informed decisions.
  • Project Management Skills: Strong organizational skills with the ability to manage multiple projects and deadlines.
  • Technology Proficiency: Experience with procurement software (SAP, Oracle, etc.) and advanced Excel skills. Knowledge of ERP systems is highly desirable.
  • Communication Skills: Excellent verbal and written communication skills to collaborate with internal teams and external suppliers effectively.

Interested candidates are invited to submit their resumes: with the subject line "Procurement Manager/Executive Application - [Your Name]." Shortlisted candidates will be contacted for an interview.

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