Job Description

1. Procurement Operations

Identify and source quality suppliers and vendors. Request and evaluate quotations, negotiate prices, terms, and delivery timelines. Issue purchase orders (POs) and follow up on deliveries.
2. Vendor Management

Develop and maintain strong relationships with existing and new suppliers. Evaluate vendor performance based on price, quality, service, and reliability. Maintain an approved vendor list and update it regularly.
3. Cost Control and Negotiation

Ensure procurement of materials/services at the most competitive rates. Negotiate contracts, payment terms, and discounts. Analyze pricing trends and suggest cost-saving opportunities.
4. Inventory and Stock Management

Coordinate with the stores and production departments to ensure stock availability. Avoid overstocking and understocking by timely planning and ordering. Maintain proper records of purchases, delivery, and invoices.
5. Documentation and Compliance

Maintain accurate records of all procurement transactions. Ensure all documentation complies with internal policies and external regulations. Coordinate with accounts and finance teams for invoice processing and payments.
6. Market Research and Analysis

Monitor market trends for new and alternative materials. Stay updated with price fluctuations, product availability, and vendor capabilities. Analyze consumption trends and forecast future procurement needs.
7. Coordination with Other Departments

Work closely with departments such as production, stores, QA, and finance to align purchasing needs. Communicate order status, delays, or issues effectively to internal stakeholders.
8. Reporting

Prepare regular reports on procurement status, savings, and vendor performance. Assist management with purchase-related data for audits or strategic decisions.
Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹35,000.00 per month

Benefits:

Cell phone reimbursement Flexible schedule Health insurance Internet reimbursement Provident Fund
Work Location: In person