Job Description

Sourcing and Procurement:

Identifying potential vendors, negotiating contracts, and purchasing goods and services to meet operational needs.
Typical Duties:

Preparing purchase orders and tracking their progress. Reviewing and approving procurement documents. Monitoring supplier performance and resolving issues. Staying up-to-date on industry trends and new products. Collaborating with internal stakeholders to understand their needs.
Required Skills:

Negotiation skills:

Essential for securing favorable contracts and pricing.

Analytical skills:

Needed to analyze data, identify trends, and make informed decisions.

Communication skills:

Important for interacting with vendors and internal stakeholders.

Organizational skills:

Necessary for managing multiple tasks, prioritizing, and meeting deadlines.

Technical skills:

Proficiency in procurement software, ERP systems, and Microsoft Office Suite.
Job Titles:Procurement Manager, Procurement Specialist, Procurement Officer, Procurement Engineer, and Buyer. Educational Background:

Bachelor's degree in procurement, supply chain management, business, or a related field. Relevant certifications (e.g., CIPS) may be beneficial.
Experience:

Previous experience in procurement, purchasing, or supply chain management. Experience with vendor management, contract negotiation, and cost analysis.
In summary, a procurement job description outlines the core activities, required skills, and desired experience for individuals involved in acquiring goods and services for an organization, emphasizing cost-effectiveness, quality, and compliance.

Vendor Management:

Developing and maintaining strong relationships with suppliers, ensuring timely and cost-effective procurement.

Contract Negotiation:

Negotiating favorable terms and conditions with suppliers.

Cost Savings:

Analyzing market trends, identifying cost-saving opportunities, and implementing strategies to reduce procurement expenses.

Compliance:

Ensuring adherence to company policies, legal frameworks, and regulatory requirements.

Inventory Management:

Managing inventory levels, tracking stock, and ensuring timely replenishment.

Data Analysis:

Analyzing procurement data to identify trends, improve processes, and support decision-making.
Job Type: Full-time

Pay: ₹9,318.08 - ₹20,000.00 per month

Benefits:

Provident Fund
Work Location: In person