Job Description

(JDs):

1. Procurement & Vendor Management

Develop and implement effective procurement strategies aligned with company objectives. Identify, evaluate, and shortlist suppliers/vendors for raw materials, consumables, spares, capital equipment, and services. Negotiate pricing, credit terms, delivery conditions, and long-term supply contracts. Maintain a reliable vendor database and ensure periodic performance evaluations. Build strong supplier relationships to ensure timely and quality supply.

2. Purchase Planning & Inventory Coordination

Coordinate with production, maintenance, stores, and finance departments to understand material requirements. Ensure timely procurement to prevent stock-outs or overstock situations. Monitor and maintain optimum inventory levels through strategic planning. Evaluate indents, prepare purchase orders, and ensure purchase compliance with company policies.

3. Cost Optimization & Budget Control

Analyze market trends, price fluctuations, and supplier performance to achieve cost savings. Implement procurement best practices to reduce purchase costs without compromising quality. Participate in annual budgeting for procurement-related expenses.

4. Compliance & Documentation

Ensure compliance with statutory requirements, company SOPs, and audit guidelines. Maintain proper documentation including purchase orders, quotations, agreements, and approvals. Liaison with commercial, accounts, and logistics teams for smooth material flow.

5. Logistics & Delivery Coordination

Follow up with suppliers for on-time delivery of materials. Coordinate with transporters and logistics providers as necessary. Resolve issues related to quality, quantity, delivery, or billing discrepancies.

6. Team Leadership & Reporting

Lead and mentor the purchase/procurement team. Generate periodic reports on purchases, supplier performance, cost savings, and inventory status. Ensure continuous improvement in procurement processes.

Required Qualifications & Experience:Educational Qualifications:

Preferred:

MBA in Supply Chain Management / Materials Management / Operations.

Minimum:

Bachelor's Degree (B.Com / BBA / B.Sc / BE / Diploma in Engineering--depending on industry).

Experience:

Minimum:

5-8 years in procurement/purchase.

Preferred:

Experience in manufacturing/steel/engineering industries, depending on your requirement.

Technical / Functional Skills:

Strong knowledge of procurement processes, supply chain, and vendor management. Expertise in SAP/ERP systems for purchase and inventory modules. Understanding of negotiation strategies, contract management, and costing. Knowledge of relevant compliance (GST, e-way bill, commercial documentation). Ability to source materials locally and nationally.

Soft Skills:

Excellent communication and negotiation skills. Strong leadership and team-management abilities. Analytical mindset with strong decision-making capability. High integrity and ethical procurement practices.
Job Type: Full-time

Pay: ?45,000.00 - ?50,000.00 per month

Work Location: In person