Qureos Mentor

Kanchipuram Lakshaya Silks

Procurement ExecutiveRole DefinitionManaging the procurement process within an organization which involves acquisition of goods and services, develops procurement strategies by monitoring inventory movement. responsible for driving operational excellence, achieving cost savings, and ensuring compliance with procurement regulations and ethical standards.Responsibility DeliverablesManagement of InventoriesManagement of VendorsImprove procurement knowledge and skills to grow as a Business Development ManagerTask and ActivityManagement of InventoriesPredicting customer demand for products to ensure adequate stock levels while minimizing overstocking.Monitoring inventory levels, reorder points, and safety stock to prevent stockouts and optimize inventory investment.Efficiently storing and handling inventory, including Layout, inventory organization, and stock rotation.Determining the value of inventory for financial reporting and decision-making, using methods like FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).Managing the process of reordering inventory when stock levels reach a predetermined level, considering factors like lead times and supplier reliability.Striking a balance between holding sufficient inventory to meet demand and minimizing inventory costs, using techniques like ABC analysis and safety stock calculations.Utilizing software and technology to automate and streamline inventory management processes, providing real-time visibility and control over inventory levels.Stock Report PeriodicallyManagement of SuppliersIdentifying and evaluating potential suppliers based on factors such as quality, reliability, cost, and sustainability.Continuously assessing supplier performance against agreed-upon metrics, identifying areas for improvement, and taking corrective actions if necessary.Building and maintaining positive relationships with suppliers through effective communication, collaboration, and problem-solving.Identifying and mitigating potential risks associated with suppliers, such as supply disruptions, quality issues, or financial instability.Improve knowledge and skills to grow as a Business Development ManagerTeam Management SkillsImprove strategies on Inventory management and supplier managementMeasurement MetricsInventory Report - 3 Months Onceperformance of suppliers based on various metrics such as on-time delivery, quality compliance, cost-effectiveness, and adherence to contractual terms. They help identify top-performing suppliers and areas where improvements are needed.They may include data on the time taken for different stages of the procurement cycle, such as requisitioning, sourcing, contracting, and order fulfilment. By identifying bottlenecks and inefficiencies, these reports help optimize the procurement process.Procurement Quality ReportSpend Analysis Reports:Cost Savings Report: This report quantifies cost savings achieved through procurement activities, such as price negotiations, volume discounts, or process improvements. It helps demonstrate the value generated by the procurement team and supports financial reporting.Cost Avoidance Report: This report captures the cost avoidance achieved by making proactive decisions, such as identifying alternative suppliers or avoiding unnecessary purchases. It helps showcase the proactive measures taken by the procurement team to manage costs.Supplier Performance Feedback Reports:Job Types: Full-time, Permanent, FresherPay: &#8377;15,042.08 - &#8377;20,934.68 per monthBenefits:<ul><li>Cell phone reimbursement</li><li>Paid time off</li><li>Provident Fund</li></ul>Work Location: In person

Purchase Incharge

HR and Administration &ndash; Role ClarityRole DefinitionHR and administration roles involve managing employee information, developing policies, and ensuring legal compliance. Administration role helps an organization run smoothly by performing administrative tasks and supporting staffResponsibility Deliverables1. Staff Management &amp; Inventory Management2. Compliance and Store Operations3. Develop Management skills and knowledge to Grow into a Operational ManagerTask and ActivityStaff Management &amp; Inventory Managementstaff management tasks involve scheduling employees, assigning duties like customer service and sales, performance monitoring, and training, while inventory management focuses on tracking stock levels, reordering items based on demand, receiving deliveries, properly storing products, and conducting regular stock checks to ensure accuracy and prevent shortagesCreating employee work schedules based on anticipated customer traffic and sales demands.Providing ongoing training on product knowledge, sales techniques, customer service standards, and operating procedures.Addressing performance issues and enforcing company policies when necessary.Distributing tasks like floor sales, cashier operations, visual merchandising, and customer support based on individual strengths.Regularly counting inventory to identify discrepancies and adjust stock levels as needed.Maintaining clear communication between sales staff, managers, and suppliers to ensure efficient inventory management.Compliance and Store OperationsRegularly checking stock levels to prevent overstocking or stockouts.Accurate receiving and processing of new merchandise.Proper product rotation to ensure freshness.Timely reordering of stock to maintain optimal levels.Adhering to dress code policiesMaintaining store cleanliness and organizationDisplaying merchandise according to company standardsReplenishing stock on shelvesGreeting customers promptly and professionally.Addressing customer concerns and complaints effectivelyMaintaining a neat and organized store environmentReporting any safety hazards or compliance issuesMonitoring for potential shoplifting activityProperly securing merchandise to prevent damageAdhering to company dress code guidelinesDevelop Management skills and knowledge to Grow into an Operational ManagerInspiring and motivating teams, providing clear direction, fostering collaboration, and managing diverse personalities effectively.Articulating ideas clearly, actively listening, and effectively communicating across different levels of the organization.Analysing data, considering various perspectives, and making timely, informed decisions under pressure.Aligning operational goals with overall business strategy, anticipating future trends, and planning accordingly.Deep understanding of core business processes, including production, logistics, inventory management, quality control, and supply chain.Monitoring key performance indicators (KPIs) to assess efficiency, productivity, and identify areas for improvement.Budgeting, cost control, forecasting, and understanding financial implications of operational decisions.Fostering a positive team environment where individuals feel empowered to contribute their best work.Measurement MetricsMeasures the percentage of employees leaving the company within a specific period, indicating overall employee satisfaction and retention issues.Tracks the frequency of employee absences, potentially highlighting health concerns or work-related issues.Calculates the total cost of recruiting and hiring a new employee, helping to identify areas for recruitment cost optimization.Measures individual sales performance, indicating sales effectiveness and potential training needs.Job Type: Full-timePay: &#8377;18,000.00 - &#8377;20,000.00 per monthBenefits:<ul><li>Provident Fund</li></ul>Experience:<ul><li>HR sourcing: 4 years (Required)</li></ul>Location:<ul><li>Kanchipuram, Tamil Nadu (Required)</li></ul>Work Location: In person

HR and Administration

Join Kanchipuram Lakshaya Silks and explore 2   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Kanchipuram Lakshaya Silks

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Purchase Incharge

HR and Administration