- Identify, evaluate, and select suppliers based on quality, cost, and delivery time.
- Negotiate contracts and agreements with suppliers to ensure favorable terms and conditions.
- Develop and maintain strong relationships with key suppliers.
- Analyze production requirements and forecast material needs to ensure timely procurement.
- Develop and implement procurement strategies to optimize cost and efficiency.
- Monitor and control procurement costs to stay within budget.
- Conduct cost analysis and negotiate prices to achieve cost savings.
- Ensure that purchased materials and components meet the required quality standards and specifications.
- Collaborate with the quality control team to address any issues with suppliers.
- Prepare and issue purchase orders based on production schedules and inventory levels.
- Track and expedite orders to ensure timely delivery.
- Monitor inventory levels to prevent stockouts or overstock situations.
- Coordinate with the inventory team to manage stock levels and storage.
- Maintain accurate records of purchases, contracts, and supplier information.
- Prepare reports on procurement activities, cost savings, and supplier performance.
- Work closely with engineering, production, and other departments to understand material needs and specifications.
- Address any issues or concerns related to procurement and supply chain operations.
- Stay informed about market trends, new products, and emerging technologies that may impact procurement.
- Evaluate and adopt new tools and processes to improve procurement efficiency.
- Ensure compliance with company policies, legal regulations, and industry standards.
- Identify and manage risks associated with the supply chain and procurement process.
- Address and resolve issues related to supplier performance, delivery delays, or quality problems.
- Implement corrective actions to prevent recurrence of issues.
Job Types: Full-time, Permanent, Fresher
Pay: ₹15,000.00 - ₹20,000.00 per month
Benefits:
Work Location: In person