Job Description

Qualification Required - BE - Electrical / Mechanical

is as follows :

1. Supplier Identification and Evaluation:

Researching and Evaluating Suppliers:

Actively seeking out new suppliers, assessing their capabilities (production capacity, quality control, financial stability), and comparing them based on various factors like price, quality, and delivery timelines.

Conducting Supplier Audits:

Evaluating potential suppliers' facilities and processes to ensure they meet the organization's standards.

Building and Maintaining Supplier Relationships:

Developing strong, long-term relationships with key suppliers to ensure reliable supply chains.
2. Procurement and Negotiation:

Negotiating Contracts:

Negotiating favorable terms and conditions with suppliers, including pricing, payment terms, delivery schedules, and quality standards.

Managing Purchase Orders:

Creating and managing purchase orders, ensuring accuracy and timely processing.

Monitoring Supplier Performance:

Tracking supplier performance against agreed-upon metrics, such as on-time delivery, quality, and cost.
3. Inventory Management:

Monitoring Inventory Levels:

Ensuring the organization has the right amount of materials on hand to meet production needs.

Implementing Inventory Management Strategies:

Optimizing stock levels to minimize waste and storage costs, potentially working with inventory management software.
4. Cost Management:

Analyzing Costs:

Analyzing material costs, identifying cost-saving opportunities, and implementing strategies to reduce procurement expenses.

Developing Cost Reduction Initiatives:

Working with suppliers and internal teams to implement cost-saving initiatives without compromising quality.
5. Compliance and Reporting:

Ensuring Compliance:

Adhering to all relevant laws, regulations, and company policies related to procurement.

Generating Reports:

Preparing and presenting reports on procurement activities, supplier performance, and cost savings.
6. Collaboration:

Working with Internal Teams:

Collaborating with other departments (e.g., engineering, sales, finance) to understand their material requirements and specifications.

Supporting Other Teams:

Providing support and expertise to other teams on procurement-related matters.
Job Type: Full-time

Pay: ?20,000.00 - ?30,000.00 per month

Benefits:

Provident Fund
Education:

Bachelor's (Preferred)
Work Location: Remote